7720 NO. 1 ROAD, Richmond
$1,685,000
This 7,937 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.
Renovated on 2018. Excellent opportunity for developers, investors, or homebuyers! This beautifully renovated Quilchena Richmond home sits on a 7,937 sqft lot with 2,329 sqft of living space. Featuring 3 large bedrooms, spacious living areas, and a modern kitchen. Enjoy privacy with a front hedge, wide driveway, and a double garage opening to a serene backyard. Prime location with easy access to transit, shopping, schools, parks, and golf. Under Richmond Arterial Road Townhouse Development Policy, this property offers high potential for assembly with neighboring lots for a large townhouse development. Can be sold individually or as part of a land assembly. OPEN HOUSE: AUG.2, SUN, 2-4PM
How this price compares
This lot asks $212 per square foot of lot. That is 6% below the median of $227 across the 202 active lots VanPlex is showing in Richmond, and puts it 79 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
- $1,685,000
- Lot size
- 7,937 sqft
- Lot dimensions
- 60 x 132
- Frontage
- 60 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1972
- Zoning
- RSM/L
- MLS® area
- Quilchena RI
- MLS® number
- R3142211
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Listing data via MLS®. Displayed for information only. Zoning RSM/L stamped from the city record on 2026-07-25.