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13251 GILBERT ROAD, Richmond

$3,380,000

This 522,720 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.

Opportunity to acquire a 12-acre parcel of ALR land that is priced to sell in South Richmond at only $282,000 per Acre! AG1 zoning allows for a variety of highly demanded uses. Operate your business or fulfill your ultimate hobby goals with enough space to build your dream home up to 4,305 SF or enjoy the move-in-ready, update 3-bedroom 1.5-bathroom 1,556 SF home that is currently built.

How this price compares

This lot asks $6 per square foot of lot. That is 97% below the median of $227 across the 202 active lots VanPlex is showing in Richmond, and puts it 2 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
$3,380,000
Lot size
522,720 sqft
Bedrooms
3
Bathrooms
1
Year built
1970
MLS® area
Gilmore
MLS® number
R3134870

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Listing data via MLS®. Displayed for information only.