8880 CARMICHAEL STREET, Richmond
$1,738,000
This 7,049 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.
Fantastic opportunity to secure a prime property in the heart of Broadmoor! Situated on a generous 7,049 sq. ft. lot with no ditch, no overhead power lines, and sidewalk access—features that are becoming increasingly difficult to find in Richmond. While the property is being sold as is, where is, with land value being the primary focus, the existing home may also appeal to buyers with renovation ideas. Whether you're planning to build your dream home, invest, or explore the home's potential, this is an opportunity not to be missed. Enjoy this quiet, family-friendly neighborhood just minutes from parks, shopping, transit, and everyday amenities. Located within the highly desirable Ferris Elementary and Richmond Secondary catchments.
How this price compares
This lot asks $247 per square foot of lot. That is 9% above the median of $227 across the 202 active lots VanPlex is showing in Richmond, and puts it 130 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
- $1,738,000
- Lot size
- 7,049 sqft
- Lot dimensions
- 59 x 120
- Frontage
- 59 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1975
- Zoning
- RSM/L
- MLS® area
- Broadmoor
- MLS® number
- R3143270
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Listing data via MLS®. Displayed for information only. Zoning RSM/L stamped from the city record on 2026-07-25.