12004 NO. 1 ROAD, Richmond
$1,299,000
This 2,314 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.
The original site of the historic Steveston Telephone Exchange, this heritage-designated property offers a rare opportunity to own a piece of Richmond's history. Fully renovated in 2026, the property features updated rooms with newly added ensuite full bathrooms and brand-new windows and kitchen, blending character with modern comfort. Flexible use allows for either residential living, commercial, or hold for land assembly opportunities. Schedule a private viewing and bring your vision to this truly unique offering.
How this price compares
This lot asks $561 per square foot of lot. That is 148% above the median of $227 across the 202 active lots VanPlex is showing in Richmond, and puts it 201 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
- $1,299,000
- Lot size
- 2,314 sqft
- Lot dimensions
- 34 x 68
- Frontage
- 34 ft
- Bedrooms
- 3
- Bathrooms
- 3
- Year built
- 1920
- MLS® area
- Steveston South
- MLS® number
- R3105454
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Listing data via MLS®. Displayed for information only.