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10400 WESTMINSTER HIGHWAY, Richmond

$2,680,000

This 73,616.4 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.

Investor Alert! Exceptional 1.69-acre AG1 farmland property located near No. 4 Rd and Westminster Hwy, minutes from Richmond City Centre. Positioned near a thriving townhome community, this high-demand location offers unparalleled investment and holding potential with smart upside from future rezoning. The property features a renovated ranch-style home with 3 bedrms and 1 full bathrm, offering comfortable turnkey living or rental income. Beyond the home, an expansive backyard features a fully operational, revenue-generating blueberry field, perfectly blending a peaceful rural lifestyle with cash flow. Unbeatable convenience close to major transit, transit routes, highways, schools, and parks. A rare opportunity to own spacious agricultural land directly in the path of urban growth!

How this price compares

This lot asks $36 per square foot of lot. That is 84% below the median of $227 across the 202 active lots VanPlex is showing in Richmond, and puts it 10 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
$2,680,000
Lot size
73,616.4 sqft
Lot dimensions
75.75 x 629.67
Frontage
75.75 ft
Bedrooms
3
Bathrooms
1
Year built
1973
MLS® area
McLennan
MLS® number
R3136871

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Listing data via MLS®. Displayed for information only.