8340 NO. 3 ROAD
Richmond, BC V6Y2E3
$4,300,000
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 18,943 square feet
- Frontage
- 154 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $12,191.88 (2025)
Interior
- Basement
- Partial, Unknown, Unknown
- Fireplace
- None
Parking
- Total spaces
- 5
Listing Information
- MLS®
- R3141447
- Listed
- June 30, 2026
- Time on market
- On the market for 62 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Macdonald Realty Westmar · Data source: CREA DDF.
Description
Prime Redevelopment Opportunity on No. 3 Road! A rare 18,943 sq. ft. lot with 132 feet of frontage in a highly sought-after location, ideal for developers and investors. Situated on No. 3 Road, this property offers exceptional potential for townhouse development. The existing home is livable, providing flexibility for interim use while planning redevelopment. This property must be sold in conjunction with 8011 Lucas Road, which is listed under Commercial listing number C8080038, further expanding development possibilities. Don´t miss this high-growth opportunity in a Prime Richmond location. (id:63159)
Values & Trends
This listing
$1,531/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
15°C
Mainly Clear
Humidity 100%
Wind ESE 13 km/h
Today
21°
Tonight
16°
Wednesday
19°
Wednesday night
14°
Thursday
18°
Thursday night
13°
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
| School | Type | Distance |
|---|---|---|
| St Paul School(Independent) | Elementary | 301 m |
| W D Ferris Elementary | Elementary | 611 m |
| R C Palmer Secondary | Elementary | 621 m |
| General Currie Elementary | Elementary | 741 m |
| Garden City Elementary | Elementary | 806 m |
| Richmond Secondary | Elementary | 1.1 km |
| John T Errington Elementary | Elementary | 1.1 km |
| Errington Learning Centre | Elementary | 1.1 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 |
|---|---|---|
| Northbound No. 3 Rd @ Lucas Rd | — | 32 m |
| Southbound No. 3 Rd @ Lucas Rd | — | 46 m |
| Southbound No. 3 Rd @ Sunnymede Gate | — | 119 m |
| Northbound No. 3 Rd @ Sunnymede Gate | — | 185 m |
| Northbound No. 3 Rd @ Bowcock Rd | — | 201 m |
Nearby Places
Restaurants (1)
- Pizza Hut · 8980 Number 3 Road413 m
Grocery (1)
- Blundell Market · 7791 Number 3 Road441 m
Parks (4)
- Marrington Neighbourhood Park524 m
- Ferris Neighbourhood School Park · 7520 Sunnymede Crescent616 m
- Palmer/Garden City Neighbourhood School Park627 m
- General Currie Neighbourhood School Park691 m
Pharmacies (1)
- HealthPlus Pharmacy · 8980 Number 3 Road427 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.