5480 CATHAY ROAD, Richmond
$1,798,000
This 7,962 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.
BUILD YOUR DREAM HOME in prestigious Lackner! Situated on a rare, expansive 7,962sf lot w/ 66ft wide frontage, this beautifully maintained 2level residence effortlessly blends warmth, space, & functionality. The 1st level feats 2 versatile flex rooms—perfect for a home office, guest suite/playroom w/ separate entrance. Upstairs, anchored by a cozy fireplace, a dedicated family room, a gourmet kitchen complete w/ countertops, sleek s/s appliances, 3 spacious bedrooms, or relax year-round in the sun-drenched covered sunroom. Step outside to your private, south-facing backyard, ideal for gardening or kids at play. Complete w/ a single garage & prime positioning w/in walking dist to transit, local parks, & Blundell Shopping Centre. School catchment: McKay Elem & Burnett Secondary.
How this price compares
This lot asks $226 per square foot of lot. That is about the same as the median of $227 across the 202 active lots VanPlex is showing in Richmond, and puts it 99 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
- $1,798,000
- Lot size
- 7,962 sqft
- Lot dimensions
- 66.27 x 120
- Frontage
- 66.27 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1964
- Zoning
- RSM/L
- MLS® area
- Lackner
- MLS® number
- R3152752
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Listing data via MLS®. Displayed for information only. Zoning RSM/L stamped from the city record on 2026-08-05.