8220 GILBERT ROAD
Richmond, BC V7C3W7
$2,790,000
Property Details
Property & Lot
- Sub-type
- House
- Style
- 2 Level
- Lot size
- 15,067 square feet
- Frontage
- 0 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $8,137.31 (2025)
Interior
- Fireplace
- None
Building
- Parcel ID (PID)
- 009-215-727
Parking
- Total spaces
- 6 — uncovered indicated
- Features
- Other
Listing Information
- MLS®
- R3159572
- Listed
- August 28, 2026
- Time on market
- On the market for 4 days
- Tax assessment year
- 2025
- Data last synced
- August 31, 2026
Listing provided by: Nu Stream Realty Inc. · Data source: CREA DDF.
Description
Prestigious Sunnymede! Rare 15,067 sq. ft. lot (95.27´ x 158´) in one of Richmond´s most desirable neighborhoods. The property offers excellent development potential, with a current City application for 4 duplex homes of approximately 2,100 sq. ft. each. Other possibilities include acquiring the neighboring 8200 Gilbert Road for potential townhouse development, or subdividing the lot to build two approximately 3,500 sq. ft. homes, subject to City approval. Currently rented at $1,400/month on a month-to-month tenancy. No sign on property. Buyer to verify all development potential with the City of Richmond. (id:63159)
Values & Trends
This listing
$1,415/sqft
Building average
—
No other active listings in this building
Richmond average
$807/sqft
621 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.
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
18°C
Mostly Cloudy
Humidity 93%
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
26
6/9 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 |
|---|---|---|
| W D Ferris Elementary | Elementary | 230 m |
| Blundell Elementary | Elementary | 325 m |
| Richmond Secondary | Elementary | 947 m |
| St Paul School(Independent) | Elementary | 1.1 km |
| General Currie Elementary | Elementary | 1.2 km |
| Errington Learning Centre | Elementary | 1.2 km |
| John T Errington Elementary | Elementary | 1.2 km |
| des Navigateurs | Elementary | 1.2 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
| Stop | Type | Distance |
|---|---|---|
| Northbound Gilbert Rd @ 8200 Block | — | 19 m |
| Southbound Gilbert Rd @ 8200 Block | — | 43 m |
| Northbound Gilbert Rd @ Lucas Rd | — | 151 m |
| Eastbound Blundell Rd @ Gilbert Rd | — | 216 m |
| Southbound Gilbert Rd @ Lucas Rd | — | 229 m |
Nearby Places
Restaurants (5+)
- Uno Beef Noodle676 m
- Thai Kitchen691 m
- Otaru Japanese Kitchen705 m
- Bamboo Express · Number 2 Road734 m
- Sushi Han · 8180 Number 2 Road748 m
Cafes (3)
- Polar Bear Sweet House · 6060 Blundell Road782 m
- CoCo Fresh Tea & Juice791 m
- Starbucks792 m
Grocery (1)
- FreshCo · 6140 Blundell Road751 m
Parks (4)
- Ferris Neighbourhood School Park · 7520 Sunnymede Crescent230 m
- Blundell Park · 6480 Blundell Road387 m
- Marrington Neighbourhood Park526 m
- Garatt Park666 m
Pharmacies (1)
- Shoppers Drug Mart682 m
Banks & ATMs (2)
- BMO · 8180 Number 2 Road766 m
- TD788 m
Nearby places data: © OpenStreetMap contributors.
School district: Richmond (SD38)
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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
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.