Great central location for investors or builders! Excellent investment property with 7986sqft (66' x 121') land size in the Centre of Richmond with TRL1 zoning for townhouse development. Lots of potential future development located in the City Centre of Richmond. The City of Richmond already designated this area as Urban Centre T5 (25 meters height) land…
Great central location for investors or builders! Excellent investment property with 7986sqft (66' x 121') land size in the Centre of Richmond with TRL1 zoning for townhouse development. Lots of potential future development located in the City Centre of Richmond. The City of Richmond already designated this area as Urban Centre T5 (25 meters height) land use which permitted uses for Mixed Multiple Family Residential (e.g. High Rise building or Residential/Commercial use, Institutional, Recreation, Hotel, Office, Community use up to 2.0 FAR in density. Currently with an excellent tenant. Please do not disturb the tenant. Property sold As-Is, Where-Is.
Features
None
Front Access
Concrete
Shopping Nearby
Room measurements9 rooms▸
Living RoomMain · 14'0 × 22'0
KitchenMain · 10'0 × 22'0
Dining RoomMain · 9'0 × 12'0
Recreation RoomMain · 13'0 × 19'0
LaundryMain · 5'0 × 9'0
StorageMain · 9'0 × 9'0
Primary BedroomAbove · 12'0 × 14'0
BedroomAbove · 9'0 × 12'0
BedroomAbove · 9'0 × 12'0
Floor plan
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Property Details
MLS NumberR3110875
Property TypeSingle Family Residence
Bedrooms3
Bathrooms2
Square Feet1,719
Lot Size7,986 sqft
Year Built1962
HeatingElectric
Days on Market123
StatusActive
Listed ByColdwell Banker Prestige Realty
School Catchment
ElementaryCook
SecondaryMacNeill
Neighbourhood
Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$600,000Median home value
$50,000Median household income
50.7%Owner-occupied
0.1%Single-detached homes
2Avg household size
40Median age
48.3%Bachelor's degree or higher (25-64)
59.7%Commute under 30 min
57%Drive to work
67.1%Foreign-born residents
6,996Neighbourhood population
Age
Under 157.9%
15 to 6471.3%
65 and over20.7%
Household size
1 person39.5%
236.7%
314.8%
46.8%
5 or more2.3%
Language spoken at home
31.2% Mandarin mother tongue
Cantonese26.2%
English17.7%
Tagalog5.1%
English + other5.1%
Korean1.4%
Min Nan1.4%
All others11.9%
Mother tongue, share of 6,995 residents.
How this pocket differs
fewer 5+ person households than Brighouse 2.3% vs 3.4%
Median household income is notably lower than Metro Vancouver $50,000 vs $90,000
Median dwelling value is notably lower than Metro Vancouver $600,000 vs $1,050,000
Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.
Land & Development
Lot size7,964 sqft
Lot dimensions65 × 121 ft
Lot shapeRectangular
Transit-oriented potential (Bill 47 / TOA)
Transit areaTier 3within 800 m of a station
Max density3 FAR
Max height8 storeys
Est. buildable~23,814 sqft
Nearest stationRichmond-Brighouse Station468 m away
Within a provincially designated Transit-Oriented Area, this lot may support up to 3 FAR / 8 storeys regardless of base zoning. Provincial minimums and approximate — municipal rezoning, servicing and parking standards still apply.
Approximate lot lines (ParcelMap BC)
Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.
Recent nearby sales
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