17731 WESTMINSTER HIGHWAY, Richmond

$10,750,000

This 848,984.4 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.

LOCATION! Once-in-a-lifetime opportunity to own a rarely available 19.54-acre historic Richmond farm in the heart of the Lower Mainland. This exceptional property combines rich agricultural heritage with modern infrastructure and tremendous potential for traditional farming, specialty agriculture, agri-business, food processing, storage, distribution, or integrated modern agricultural ventures. High-visibility location with excellent access to bridges, the tunnel, and markets throughout the Lower Mainland. Features include newer cold-storage facilities with dock loading, multiple outbuildings, an approx. 1,020 sq. ft. storefront, 2,580 sq. ft. main home and 1,470 sq. ft. second home.Excellent opportunity to expand and take your farming operation to the next level.

How this price compares

This lot asks $13 per square foot of lot. That is 94% below the median of $217 across the 187 active lots VanPlex is showing in Richmond, and puts it 5 of 187 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
$10,750,000
Lot size
848,984.4 sqft
Lot dimensions
655 x 1294.93
Frontage
655 ft
Bedrooms
5
Bathrooms
3
Year built
1961
MLS® area
East Richmond
MLS® number
R3167263

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Listing data via MLS®. Displayed for information only.