Property Type: Detached HouseOwnership: Freehold

8020 LUCAS ROAD

Richmond, BC V6Y1G3

$2,980,000

6 bed2 bath4 parking2,890 sqftBuilt 1958
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
12,263 square feet
Frontage
93 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$11,414.58 (2025)

Interior

Heating
Forced air, Natural gas
Fireplace
None

Parking

Total spaces
4 — uncovered indicated
Features
Other

Listing Information

MLS®
R3051019
Listed
September 23, 2025
Time on market
On the market for 343 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Youlive Realty · Data source: CREA DDF.

Description

Builder's dream Lot! Fantastic duplex that sits on a large, private sub dividable 93x132 SF lot (total 12,263 SF lot) with great north / south exposures Renovated! the side x side duplexes each have approx 1450 SF, 2 bdrms and 1 full bath upstairs, 1 large bedroom downstairs, separate laundry facilities and a huge south facing backyard. Great property to enjoy one or both sides, to hold as an investment property or to build 2 new dream homes of 3089 SF which does not include the garage. All this in a nice family-oriented neighbourhood that's centrally located close to buses, shopping, Garden City Elementary, Palmer Secondary & Garden City Shopping Mall. (id:63159)

Values & Trends

This listing

$1,031/sqft

Building average

No other active listings in this building

Richmond average

$808/sqft

621 active listing(s)

Parking: 4 stall(s) includedStorage 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.

Detached (House) Market Stats — Richmond

Monthly figures from the Fraser Valley Real Estate Board for Richmond detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$1,911,700

Jul 2026

Average Sale Price

$1,917,898

Jul 2026

Monthly Sales

63

Jul 2026

Active Listings

612

Jul 2026

Sales-to-Active Ratio

10.0%

Jul 2026

Median Days to Contract

27 days

Jul 2026

MLS® HPI Benchmark Price

$2,225,800
$1,911,700
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

15°C

Clear

Humidity 100%

Wind NW 5 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

26

4/9 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
St Paul School(Independent)Elementary337 m
R C Palmer SecondaryElementary642 m
W D Ferris ElementaryElementary662 m
Garden City ElementaryElementary812 m
General Currie ElementaryElementary839 m
John T Errington ElementaryElementary1.0 km
Errington Learning CentreElementary1.0 km
Richmond SecondaryElementary1.2 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
Northbound No. 3 Rd @ Lucas Rd89 m
Southbound No. 3 Rd @ Lucas Rd94 m
Northbound No. 3 Rd @ Bowcock Rd102 m
Southbound No. 3 Rd @ Penny Lane119 m
Southbound No. 3 Rd @ Sunnymede Gate225 m

Nearby Places

Restaurants (1)

  • Pizza Hut · 8980 Number 3 Road307 m

Grocery (1)

  • Blundell Market · 7791 Number 3 Road548 m

Parks (5+)

  • Marrington Neighbourhood Park500 m
  • Palmer/Garden City Neighbourhood School Park636 m
  • Ferris Neighbourhood School Park · 7520 Sunnymede Crescent670 m
  • Rideau Neighbourhood Park772 m
  • General Currie Neighbourhood School Park789 m

Pharmacies (1)

  • HealthPlus Pharmacy · 8980 Number 3 Road322 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($596,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,384,000.00
Periodic payment — Principal & Interest (monthly)$15,380.76
Additional monthly expenses (strata, tax, utilities, etc.)$1,096.22
Total monthly cost$16,476.97
Interest paid over 5-yr term$683,261.25
Balance at end of term$2,144,415.71

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$596,000
Stress test qualifying rate8.09%
Payment you must qualify for$18,332.13

Cash Needed at Closing

Minimum down payment$596,000
Estimated BC PTT$67,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$664,900

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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