4531 BOUNDARY ROAD, Richmond
$2,599,999
This 21,526.67 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.
Developers Alert!!! This property is part of Land Assembly in the Heart of Lower Mainland (Hamilton Area of Richmond), These properties are located just west of Alex Fraser Bridge with easy access to Vancouver, Downtown Richmond, Surrey/Delta, New West/Burnaby, Airport/Oak, QB, Knight St Bridges etc. Potential for more land to be part of this last large remaining piece of land in Richmond. Prime properties to rezone for Multi Family use with the Province/Cities encouraging higher density to cope with Housing shortage. Exceptional opportunity for the Developer to build affordable housing for the First Time & Move up Buyers in a very Serene location close to Fraser River in the center of Lower Mainland. ESA Designations has been Completely Removed from this and 4480 Thompson Road
How this price compares
This lot asks $121 per square foot of lot. That is 47% below the median of $227 across the 202 active lots VanPlex is showing in Richmond, and puts it 20 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
- $2,599,999
- Lot size
- 21,526.67 sqft
- Lot dimensions
- 70.01 x 307.48
- Frontage
- 70.01 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1956
- Zoning
- RSM/XL
- MLS® area
- Hamilton RI
- MLS® number
- R3130605
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Listing data via MLS®. Displayed for information only. Zoning RSM/XL stamped from the city record on 2026-07-25.