Property Type: Land / LotOwnership: Freehold

6240 NO. 4 ROAD

Richmond, BC V6Y2S9

$2,790,000

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Property Details

Property & Lot

Lot size
1.04 acres
Frontage
75 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$7,606.61 (2024)

Interior

Fireplace
None

Listing Information

MLS®
R3056994
Listed
October 9, 2025
Time on market
On the market for 327 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: RE/MAX Crest Realty · Data source: CREA DDF.

Description

1.04 acre lot, located at No.4 Rd and Westminster Hwy. Central location, close to McNeil Secondary, Daycare centers, Garden City Lands Park and Walmart. Being sold together with 6260 No.4 Rd, which is the adjoining land on the south side. Great investment opportunity! Great value to hold or to build your dream home. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Richmond average

$1,493/sqft

5 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

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

Clear

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

7

1/9 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

SchoolTypeDistance
A.R. MacNeill SecondarySecondary500 m
Henry Anderson ElementaryElementary560 m
William Cook ElementaryElementary1.2 km
Tomsett ElementaryElementary1.7 km
General Currie ElementaryElementary1.8 km
Garden City ElementaryElementary1.8 km
R C Palmer SecondaryElementary1.9 km
City Vancouver Academy(Independent)Secondary2.0 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

StopTypeDistance
Eastbound Westminster Hwy @ No. 4 Rd321 m
Eastbound Westminster Hwy @ 10500 Block479 m
Westbound Westminster Hwy @ 10500 Block482 m
Westbound Granville Ave @ 9700 Block579 m
Southbound No. 4 Rd @ Granville Ave597 m

Nearby Places

Parks (4)

  • Birch Neighbourhood Park265 m
  • MacNeill Neighbourhood School Park549 m
  • Katsura Neighbourhood Park607 m
  • Garden City Community Park783 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($558,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,232,000.00
Periodic payment — Principal & Interest (monthly)$14,400.11
Additional monthly expenses (strata, tax, utilities, etc.)$633.88
Total monthly cost$15,033.99
Interest paid over 5-yr term$639,697.62
Balance at end of term$2,007,691.22

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$558,000
Stress test qualifying rate8.09%
Payment you must qualify for$17,163.30

Cash Needed at Closing

Minimum down payment$558,000
Estimated BC PTT$61,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$621,200

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.

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