33875 RICHARDS AVENUE, Mission
$2,148,000
This 424,710 sqft property in Mission is a detached single-family home on a lot the new rules make suitable for a multiplex. Under BC's Bill 44 small-scale housing rules, most single-family lots in Metro Vancouver now allow at least three to four homes, and lots near frequent transit can allow up to six. Confirm the exact number for this lot against the city's own zoning.
Rare Prime Development Opportunity in Mission! A unique opportunity to acquire a 9.8-acre property with Preliminary Layout Approval (PLA) for a 5-lot subdivision. Located in a peaceful and highly desirable rural setting, yet conveniently close to schools, shopping, walking trails & major commuter routes, offering an ideal balance of privacy & convenience. A significant development advantage is the existing valid DFO (Fisheries and Oceans Canada) approval for the repositioning of a culvert, helping eliminate a key development hurdle and potentially saving valuable time and effort. Properties with an approved PLA are a rare find in Mission. An excellent opportunity for developers, builders, or investors to take advantage of the property's subdivision potential and Mission's continued growth.
How this price compares
This lot asks $5 per square foot of lot. That is 94% below the median of $82 across the 101 active lots VanPlex is showing in Mission, and puts it 6 of 101 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
- $2,148,000
- Lot size
- 424,710 sqft
- Lot dimensions
- 330 x 1287
- Frontage
- 330 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1963
- MLS® area
- Mission BC
- MLS® number
- R3161805
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Listing data via MLS®. Displayed for information only.