3880 NO. 3 ROAD
Richmond, BC V6X2C1
$4,300,000
Amenities
Also listed: Street Lighting
Property Details
Property & Lot
- Lot size
- 18,212 square feet
ZC1
Ownership & Fees
- Property type
- Land / Lot
- Annual property tax
- $63,780.99 (2023)
Interior
- Fireplace
- None
Listing Information
- MLS®
- C8077201
- Listed
- March 20, 2026
- Time on market
- On the market for 164 days
- Tax assessment year
- 2023
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX City Realty · Data source: CREA DDF.
Description
Stabilized FREEHOLD INVESTMENT opportunity along Richmond's Golden Corridor! 18,212 sq.ft lot with 148' of frontage along No. 3 Rd and across the street from Aberdeen Station on the Canada Line. OCP designated for high density (up to 3.0 FSR) as part of "Aberdeen Village Urban Centre T5", zoned for a wide range of COMMERCIAL uses. Land is currently leased long term until 2091 (65 remaining years) to the Radisson Hotel and partially subletted to BMO. Purchaser to assume the existing triple net lease (including multiple escalation clauses) providing a stable return while owning a prime parcel for future redevelopment. The yearly net income for 2026 is approx. $135,783. (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
81
8/9 categories nearby
Transit
33
5 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 |
|---|---|---|
| Maple Hill School(Independent) | Secondary | 148 m |
| City Vancouver Academy(Independent) | Secondary | 730 m |
| Station Stretch | Elementary | 1.1 km |
| R. C. Talmey Elementary | Elementary | 1.3 km |
| Tomsett Elementary | Elementary | 1.4 km |
| Chaoyin Bilingual School(Independent) | Elementary | 1.8 km |
| St Anthony of Padua(Independent) | Elementary | 2.1 km |
| Robert J Tait Elementary | Elementary | 2.1 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 |
|---|---|---|
| Southbound No. 3 Rd @ Yaohan Access Rd | — | 60 m |
| Eastbound Cambie Rd @ Hazelbridge Way | — | 154 m |
| Northbound No. 3 Rd @ Yaohan Access Rd | — | 169 m |
| Aberdeen Station @ Platform 1 | — | 174 m |
| Westbound Cambie Rd @ Hazelbridge Way | — | 177 m |
Nearby Places
Restaurants (5+)
- Red Star Seafood Restaurant · 8181 Cambie Road38 m
- Tin Tin Seafood Harbour · 3711 Number 3 Road136 m
- CHOCHO Hot Pot · 4151 Hazelbridge Way163 m
- Daimanya · 4160 Number 3 Road217 m
- Pho Net Viet · 4151 Hazelbridge Way218 m
Cafes (5+)
- Fresh Elements124 m
- A Whole Mango147 m
- And Drinks · 3700 Number 3 Road193 m
- Bubble Waffle Cafe212 m
- Car's Dessert · 4140 Number 3 Road224 m
Grocery (5+)
- Osaka Supermarket176 m
- Tuan Tuan Food Mart · 4200 Number 3 Road247 m
- H Mart248 m
- New Hong Kong Supermarket · 3779 Sexsmith Road363 m
- 2000 Supermarket · 8388 Capstan Way480 m
Parks (3)
- Aberdeen Neighbourhood Park · 8331 Cambie Road262 m
- Capstan Neighbourhood Park581 m
- Unnamed659 m
Shopping (5+)
- President Plaza · 8181 Cambie Road44 m
- Aberdeen Square · 4000 Number 3 Road148 m
- Yaohan Centre · 3700 Number 3 Road164 m
- Aberdeen Centre · 4151 Hazelbridge Way214 m
- Canadian Tire365 m
Gyms (5+)
- Anytime Fitness168 m
- Burning Hormone Fitness · 4351 Number 3 Road420 m
- The Home Court · 4451 Number 3 Road497 m
- Epic Racquet Sports Club561 m
- Drive Badminton Centre593 m
Pharmacies (5+)
- Park Pacific Pharmacy203 m
- Pharmasave · 4151 Hazelbridge Way212 m
- Service Plus Pharmacy · 4380 Number 3 Road400 m
- CAP Pharmacy441 m
- McKim Care Pharmacy701 m
Banks & ATMs (5+)
- BMO7 m
- RBC Royal Bank · 4151 Hazelbridge Way142 m
- Instacoin ATM154 m
- TD464 m
- BMO · 3331 Number 3 Road473 m
Nearby places data: © OpenStreetMap contributors.
School district: Richmond (SD38)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($860,000) — 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.