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11291 STEVESTON HIGHWAY, Richmond

$1,328,000

This 6,757 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.

Prime Location! Great for Living or Investment!6,757 sq ft lot zoned RSM/L — potential to build up to 4 units. Excellent future townhouse opportunity.Over 2,000 sq ft home with 4 bedrooms and 4 bathrooms, plus a legal 1-bedroom suite with private entrance, ideal for rental income or extended family.Fully renovated in 2016: kitchen, washrooms, flooring, interior & exterior paint, roof, and metal fence.Recently, two additions were built, connecting to the main entrance of the house — a sunroom designed for leisure and relaxation purposes.Rear laneway access — wide and open, feels like a private driveway for easy and convenient entry. Located across from Ironwood Plaza, steps to shops, restaurants, transit, and quick access to Highway 99.

How this price compares

This lot asks $197 per square foot of lot. That is 13% below the median of $227 across the 202 active lots VanPlex is showing in Richmond, and puts it 58 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
$1,328,000
Lot size
6,757 sqft
Lot dimensions
61.48 x 110
Frontage
61.48 ft
Bedrooms
6
Bathrooms
4
Year built
1973
Zoning
RSM/L
MLS® area
Ironwood
MLS® number
R3132693

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