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5311 COLBECK ROAD, Richmond

$1,699,000

This 7,920 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.

Endless potential awaits on this property which situated in a highly desirable, quiet street setting, family-friendly neighborhood! This classic 2-storey home featuring a functional two-level layout with 5 bedrooms and 3 bathrooms. Whether you choose to live in, renovate, hold as a rental or build your dream custom home, this property offers the perfect foundation. Minutes from local shopping, Railway Greenway, Thompson community center, transit and easy access to major commuter routes. School catchment : McKay Elementary, Burnett Secondary and McMath Secondary for French Immersion.

How this price compares

This lot asks $215 per square foot of lot. That is 5% below the median of $227 across the 202 active lots VanPlex is showing in Richmond, and puts it 85 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
$1,699,000
Lot size
7,920 sqft
Lot dimensions
0 x
Frontage
0 ft
Bedrooms
5
Bathrooms
3
Year built
1958
Zoning
RSM/L
MLS® area
Lackner
MLS® number
R3149160

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