8340 NO. 3 ROAD, Richmond
$4,300,000
This 18,943 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.
Prime Redevelopment Opportunity on No. 3 Road! A rare 18,943 sq. ft. lot with 132 feet of frontage in a highly sought-after location, ideal for developers and investors. Situated on No. 3 Road, this property offers exceptional potential for townhouse development. The existing home is livable, providing flexibility for interim use while planning redevelopment. This property must be sold in conjunction with 8011 Lucas Road, which is listed under Commercial listing number C8080038, further expanding development possibilities. Don’t miss this high-growth opportunity in a Prime Richmond location.
How this price compares
This lot asks $227 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 102 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
- $4,300,000
- Lot size
- 18,943 sqft
- Lot dimensions
- 154 x 120
- Frontage
- 154 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1944
- Zoning
- RSM/L
- MLS® area
- Garden City
- MLS® number
- R3141447
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Listing data via MLS®. Displayed for information only. Zoning RSM/L stamped from the city record on 2026-07-25.