8620 DEMOREST DRIVE, Richmond
$1,599,000
This 6,137 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.
Beautifully maintained 2-level split home situated on a spacious 6,000+ sq.ft. rectangular lot with excellent frontage and a desirable south-facing backyard. Located in a beautiful, peaceful neighbourhood with excellent street appeal, sidewalks, and underground power lines. The entire home has been thoughtfully updated over the past few years, including the kitchen with updated cabinetry, countertops, and appliances, as well as updated bathrooms. Engineered hardwood flooring runs throughout the home, offering a clean and cohesive look. Conveniently located within walking distance to public transit and minutes from everyday amenities. Situated in the sought-after catchment for Lee Elementary and McRoberts Secondary. Don't Miss It!
How this price compares
This lot asks $261 per square foot of lot. That is 20% above the median of $217 across the 187 active lots VanPlex is showing in Richmond, and puts it 141 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
- $1,599,000
- Lot size
- 6,137 sqft
- Lot dimensions
- 60 x
- Frontage
- 60 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1976
- Zoning
- RSM/L
- MLS® area
- Saunders
- MLS® number
- R3171069
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Listing data via MLS®. Displayed for information only. Zoning RSM/L stamped from the city record on 2026-10-02.