9520 STEVESTON HIGHWAY, Richmond
$5,750,000
This 429,937.2 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.
Attention Farmers and Investors! Exceptional opportunity to own 9.8 acres of prime farmland with income-generating potential, right in the heart of the city. This established vegetable farm includes two homes with a combined total of 8 bedrooms and 5 bathrooms. The property features 2 large barns, 5 greenhouses, and a Rogers Cantel Tower providing additional revenue. A leased farmers’ market shop is also on-site, with the option to convert it back into a bustling market. Located next to Richmond Country Golf Club, the property is close to Ironwood Shopping Centre, South Arm Community Centre, and top-rated schools such as McRoberts and Whiteside. With easy access to Highway 99, this farm combines an excellent location with vast potential.
How this price compares
This lot asks $13 per square foot of lot. That is 94% below the median of $227 across the 202 active lots VanPlex is showing in Richmond, and puts it 7 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
- $5,750,000
- Lot size
- 429,937.2 sqft
- Lot dimensions
- 659.78 x 653.44
- Frontage
- 659.78 ft
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- 1975
- MLS® area
- Gilmore
- MLS® number
- R3103048
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Listing data via MLS®. Displayed for information only.