7531 GILBERT ROAD, Richmond
$1,980,000
This 7,700 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.
Great investment opportunity in Richmond's desirable Granville neighbourhood. Totally Renovated & Re-modeled 3,143 sqf. home situated on this 7,700 sq. ft east facing lot! Upstairs 5 bedrooms & 4 baths(3 on-suite bedrooms), with Huge 300 sqf. enclosed Roof Deck to enjoy all family time through the year! Downstairs 5 bedrooms & 3 bath, laundry and kitchen. Bonus: Garage converted into over 400 sqf storage & workshop! This property is great for rental income investment or future muti-unit landassambly project! Walking distance to Minoru Park, Richmond Library, Richmond Centre, Public transit and schools!
How this price compares
This lot asks $257 per square foot of lot. That is 13% above the median of $227 across the 202 active lots VanPlex is showing in Richmond, and puts it 148 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
- $1,980,000
- Lot size
- 7,700 sqft
- Lot dimensions
- 67 x 115
- Frontage
- 67 ft
- Bedrooms
- 10
- Bathrooms
- 7
- Year built
- 1953
- Zoning
- RSM/L
- MLS® area
- Granville
- MLS® number
- R3150080
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Listing data via MLS®. Displayed for information only. Zoning RSM/L stamped from the city record on 2026-07-28.