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10411 STEVESTON HIGHWAY, Richmond

$2,280,000

This 11,139 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.

This property is truly exceptional! Ideally positioned facing south, it sits on a generous 11,139 sq ft lot. The home features three levels, Currently tenanted with strong rental income, with a total annual income of $99,600, this is a high-yield investment property. Future potential- build a 4 unit multi-family property or team up with neighbors for townhomes (combined frontage:50 meters).Book your private showing today!

How this price compares

This lot asks $205 per square foot of lot. That is 10% below the median of $227 across the 202 active lots VanPlex is showing in Richmond, and puts it 70 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
$2,280,000
Lot size
11,139 sqft
Lot dimensions
61 x
Frontage
61 ft
Bedrooms
8
Bathrooms
4
Year built
1920
Zoning
RSM/L
MLS® area
McNair
MLS® number
R3106555

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Listing data via MLS®. Displayed for information only. Zoning RSM/L stamped from the city record on 2026-07-25.