7560 WATERTON DRIVE, Richmond

$1,450,000

This 7,098 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.

Wonderful 3-bedroom, 2-bath rancher on a large 60'x118' (7,098 sf) lot, in Maple Lane/Shangri-La. This residence offers a one level living experience, designed for comfort and elegant functionality with large principal rooms throughout. The kitchen, a central hub for culinary endeavours and social gatherings, features an open concept, large centre island with built-in sink and breakfast bar seating. A built-in Gaggenau gas cooktop and Thermador oven further enhances its contemporary appeal and efficiency. Step outside to a private fenced south backyard, offering an exclusive retreat for relaxation and recreation. The attached double garage provides convenient secured parking and storage. Maple Lane Elementary and Steveston-London Secondary School catchments.

How this price compares

This lot asks $204 per square foot of lot. That is 6% below the median of $217 across the 187 active lots VanPlex is showing in Richmond, and puts it 77 of 187 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
$1,450,000
Lot size
7,098 sqft
Lot dimensions
60 x 118.3
Frontage
60 ft
Bedrooms
3
Bathrooms
2
Year built
1974
Zoning
RSM/L
MLS® area
Broadmoor
MLS® number
R3135563

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