18840 RIVER RD ROAD
Richmond, BC V6V1M1
$2,300,000
Property Details
Property & Lot
- Lot size
- 4.29 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $7,630.5 (2025)
Interior
- Fireplace
- None
Listing Information
- MLS®
- R3071468
- Listed
- December 2, 2025
- Time on market
- On the market for 272 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Babych Group Realty Vancouver Ltd. · Data source: CREA DDF.
Description
DEVELOPMENT PERMIT APPROVED - Discover endless possibilities on this 4.29-acre elevated parcel, raised 8-10 feet above neighbouring properties. Perfectly positioned across from the Fraser River, this rare offering is rich with potential. With plans already drawn for a large home, storefront, sizable barn, and lavender farm-offering a clear path forward while still allowing the new owner the flexibility to customize or bring their own vision to life. ASSESSED JUST UNDER $3,000,000 Don´t miss this incredible opportunity! (id:63159)
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Richmond average
$1,493/sqft
5 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
17°C
Clear
Humidity 100%
Wind WNW 13 km/h
Tonight
14°
Tuesday
21°
Tuesday night
16°
Wednesday
19°
Wednesday night
14°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
209,937
(2021 Census)
+5.9% since 2016
Density: 1,629.1/km²
Dwellings: 85,035
Median household income: $79,000
After-tax: $71,000
Immigrant population: 60.3%
Top countries of origin (% of total population)
- China22.1% · 46,490
- Hong Kong11.6% · 24,340
- Philippines6.5% · 13,570
- Taiwan3.7% · 7,745
- India2.6% · 5,380
- United Kingdom1.1% · 2,210
- United States of America0.8% · 1,600
- Viet Nam0.7% · 1,510
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
—
Not enough data yet
Transit
27
4 stop(s) within 800m
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Suncrest Elementary | Elementary | 2.4 km |
| Champlain Heights Annex | Elementary | 2.6 km |
| South Slope Elementary | Elementary | 2.6 km |
| Nelson Elementary | Elementary | 2.8 km |
| Glenwood Elementary | Elementary | 2.9 km |
| Choice School For Gifted Children(Independent) | Elementary/Middle | 3.0 km |
| Champlain Heights Community Elementary | Elementary | 3.1 km |
| Captain James Cook Elementary | Elementary | 3.3 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
| Stop | Type | Distance |
|---|---|---|
| Eastbound North Fraser Way @ Fraserton Court | — | 743 m |
| Westbound North Fraser Way @ Glenlyon Parkway West | — | 785 m |
| Westbound North Fraser Way @ Northbrook Court | — | 796 m |
| Eastbound North Fraser Way @ Glenlyon Parkway West | — | 797 m |
School district: Richmond (SD38)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($460,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.