8815 COOK CRESCENT, Richmond
$2,980,000
This 7,918 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.
Excellent investment opportunity in the heart of Richmond. City now considers allowing higher densities such as low-rise or high-rise residential buildings instead of T4 townhouses only in City of Richmond OCP. 5 min walk to Richmond Center shopping mall, Walmart, and skytrain,1 min to elementary school. It is a very good holding property 3 bedrooms upstairs, 2 bedrooms downstairs and sitting on the big lot 7918 sqft. Property sell as is where is.
How this price compares
This lot asks $376 per square foot of lot. That is 66% above the median of $227 across the 202 active lots VanPlex is showing in Richmond, and puts it 192 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
- $2,980,000
- Lot size
- 7,918 sqft
- Lot dimensions
- 67.1 x 118
- Frontage
- 67.1 ft
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1964
- MLS® area
- Brighouse
- MLS® number
- R2695028
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Listing data via MLS®. Displayed for information only.