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5211 MAPLE ROAD, Richmond

$2,549,000

This 10,376 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.

What a wonderful location to build your single detached dream home! OR subdivide the lot into two separate lots OR build a 6-plex! There are many options for a buyer/investor. This large (10376 sq ft) lot is being sold as a "land only" value as the current house is uninhabitable and is being sold on an "as is, where is" basis. The value is in the land! With a RARE 90 feet of frontage and a depth of 115 feet this lot allows for a subdivision into TWO - RSM/M (small scale/multi unit housing) zoned lots OR the lot allows for the newly implemented higher density building of a 6 unit dwelling. School catchment is the coveted Jessie Wowk Elementary and Steveston-London Highschool. Lot has city sewer, city water, gas and electricity connected.

How this price compares

This lot asks $246 per square foot of lot. That is 8% above the median of $227 across the 202 active lots VanPlex is showing in Richmond, and puts it 129 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
$2,549,000
Lot size
10,376 sqft
Lot dimensions
90 x 115
Frontage
90 ft
Bedrooms
2
Bathrooms
1
Year built
1931
Zoning
RSM/M
MLS® area
Lackner
MLS® number
R3112980

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Listing data via MLS®. Displayed for information only. Zoning RSM/M stamped from the city record on 2026-07-25.