9211 ARVIDA DRIVE, Richmond
$1,350,000
This 11,202 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.
Builder Alert! Exceptional opportunity on this centrally located 11,202 sq ft lot with an impressive 73-foot frontage. Zoned RSML (Small-Scale Multi-Unit Housing), allowing up to 4 units, ideal for builders, investors, or redevelopment. The property features a 2,450 sq ft older home in need of significant repair, offering 3 bdrms up and potential for 3 down. The lower level is largely unfinished with exposed studs, with some rough-in work completed for a future suite. Heating includes in-floor hot water radiant heat upstairs and baseboard heating below. Electrical has been substantially updated with separate breaker panels mostly installed. Prime location close to Walter Lee Elementary and McNair Secondary, making this an excellent redevelopment opportunity in a sought-after neighbourhood
How this price compares
This lot asks $121 per square foot of lot. That is 47% below the median of $227 across the 202 active lots VanPlex is showing in Richmond, and puts it 19 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
- $1,350,000
- Lot size
- 11,202 sqft
- Lot dimensions
- 73.43 x 182 IRR
- Frontage
- 73.43 ft
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- 1974
- Zoning
- RSM/L
- MLS® area
- McNair
- MLS® number
- R3105379
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Listing data via MLS®. Displayed for information only. Zoning RSM/L stamped from the city record on 2026-07-25.