10140 WESTMINSTER HIGHWAY, Richmond
$1,798,800
This 19,887 sqft property in Richmond is a detached single-family home on a lot the new rules make suitable for a multiplex. Richmond applies the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. Richmond's flat, regular lots often make the layout simpler than in hillier cities.
Land Value Priced – Home Included! This sale is all about the land — a rare 18,997 sqft (0.44-acre) lot with AG1 zoning in one of Central Richmond’s most desirable locations. The existing 2,108 sqft rancher (3 bed, 3 bath, double garage) comes along with the purchase, offering immediate holding value or livable space while you plan for the future. Just minutes from Hwy 91 & 99, Richmond Centre, and YVR — this is the kind of acreage opportunity investors wait years for. Priced for land value — the existing home offers a head start on holding costs.
How this price compares
This lot asks $90 per square foot of lot. That is 60% below the median of $227 across the 202 active lots VanPlex is showing in Richmond, and puts it 13 of 202 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $1,798,800
- Lot size
- 19,887 sqft
- Lot dimensions
- 150.75 x 126.01
- Frontage
- 150.75 ft
- Bedrooms
- 3
- Bathrooms
- 3
- Year built
- 1977
- MLS® area
- McLennan
- MLS® number
- R3139509
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only.