10240 ALGONQUIN DRIVE, Richmond
$1,480,000
This 7,018 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.
2 Level Basement Home on a massive 7000+ South Backyard lot with great potential. Lots of updates done over the years. 3 Bedrooms with 2 Full Bathrooms for main living. Lower floor consist of rental unit with private setting. Located on a serene and quiet street with North South facing. Excellent opportunity for some one to live upstairs and rent the lower floor or for investors/builders as new multiplex zoning can permit up to 4 units on this lot.
How this price compares
This lot asks $211 per square foot of lot. That is 7% below the median of $227 across the 202 active lots VanPlex is showing in Richmond, and puts it 76 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
- $1,480,000
- Lot size
- 7,018 sqft
- Lot dimensions
- 60 x 117
- Frontage
- 60 ft
- Bedrooms
- 7
- Bathrooms
- 4
- Year built
- 1971
- Zoning
- RSM/L
- MLS® area
- McNair
- MLS® number
- R3145151
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Listing data via MLS®. Displayed for information only. Zoning RSM/L stamped from the city record on 2026-07-25.