12331 GILBERT ROAD, Richmond
$3,980,000
This 435,600 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.
INCREDIBLE GREAT PRICE! Centrally located 10 Acres (434,134 sf) AG1 farmland on prestigious Gilbert Road w/ 353’ East frontage (N 1,288.6’ x W 328’). Usages include HOBBY FARM; ANIMAL BREEDING, BOARDING, DAY CARE, GROOMING & SHELTER or an EQUESTRIAN CENTRE & more. Build a new home of 4,306 sf (current by-law) or renovate this solid 1,078 sf 2-bdrm+ den up 1.5 baths two-level home & enjoy having your secondary usages include: childcare, home business, winery (farm-based) etc. all right close to all amenities in Central Richmond, yet just 3 minutes’ drive to Dyke Road & Bark Park.
How this price compares
This lot asks $9 per square foot of lot. That is 96% below the median of $227 across the 202 active lots VanPlex is showing in Richmond, and puts it 3 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
- $3,980,000
- Lot size
- 435,600 sqft
- Lot dimensions
- 353 x 1288.65
- Frontage
- 353 ft
- Bedrooms
- 2
- Bathrooms
- 2
- Year built
- 1927
- MLS® area
- Gilmore
- MLS® number
- R3082653
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Listing data via MLS®. Displayed for information only.