8864 COOK CRESCENT, Richmond
$1,890,000
This 7,919 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.
Strong redevelopment potential in a highly desirable central Richmond location. There is an opportunity to assemble the six neighbouring properties on Cook Crescent to the east and west for a larger development site. The property is designated General Urban (T5) under the Brighouse Village area in the Official Community Plan, supporting low- to high-density multi-family housing or mixed residential and commercial development.
How this price compares
This lot asks $239 per square foot of lot. That is 5% above the median of $227 across the 202 active lots VanPlex is showing in Richmond, and puts it 121 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
- $1,890,000
- Lot size
- 7,919 sqft
- Lot dimensions
- 60 x 119.85
- Frontage
- 60 ft
- Bedrooms
- 2
- Bathrooms
- 2
- Year built
- 1965
- MLS® area
- Brighouse
- MLS® number
- R3138255
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only.