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7131 WILLIAMS ROAD, Richmond

$1,750,600

This 8,970 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.

Rare opportunity to purchase a large 8,970 sq ft lot (69' x 130') in a highly desirable Richmond neighborhood. This property offers excellent potential for redevelopment, investment or building your dream home. The existing 2,172 sq ft residence built in 1956 features - 3 bedrooms, 1.5 bathrooms and basement had potential for further developed. Close to elementary school (John T. Errington), high school (Steveston-London Secondary), Broadmoor shopping central and transit. A fantastic chance to secure a sizeable lot in an established family-friendly community with strong long-term upside. Buyer to verify all measurements, lot dimensions, zoning and redevelopment potential with the City of Richmond.

How this price compares

This lot asks $195 per square foot of lot. That is 14% below the median of $227 across the 202 active lots VanPlex is showing in Richmond, and puts it 56 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
$1,750,600
Lot size
8,970 sqft
Lot dimensions
69 x 130
Frontage
69 ft
Bedrooms
3
Bathrooms
2
Year built
1956
Zoning
RSM/L
MLS® area
Broadmoor
MLS® number
R3134586

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