Property Type: Detached HouseOwnership: Freehold

9211 ARVIDA DRIVE

Richmond, BC V7A4K5

$1,350,000

6 bed3 bath3 parking2,450 sqftBuilt 1974
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
11,202 square feet
Frontage
73.5 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,254.34 (2024)

Interior

Basement
Partially finished, Unknown, Unknown
Heating
Radiant heat, Natural gas, Hot Water
Fireplace
Yes (2)

Parking

Total spaces
3 — covered indicated
Features
Carport

Listing Information

MLS®
R3105379
Listed
March 31, 2026
Time on market
On the market for 153 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: RE/MAX Michael Cowling and Associates Realty · Data source: CREA DDF.

Description

Builder Alert! Exceptional opportunity on this centrally located 11,202 square ft lot with an impressive 73-foot frontage. Zoned RSML (Small-Scale Multi-Unit Housing), allowing for up to 4 units, ideal for builders, investors, or those looking at redevelopment potential. The property currently features a 2,450 square ft older home in need of significant repair. The existing layout offers 3 bedrooms up and potential for 3 bedrooms down. The lower level is largely unfinished with exposed studs, though some rough-in work has been completed toward a future suite configuration. Heating includes in-floor hot water radiant heat upstairs and hot water baseboard heating below. Electrical has been substantially updated with separate breaker panels for upper and lower levels mostly installed. Prime central location within close proximity to Walter Lee Elementary and McNair Secondary. Excellent redevelopment or renovation opportunity in a sought-after neighbourhood. (id:63159)

Values & Trends

This listing

$551/sqft

Building average

No other active listings in this building

Richmond average

$809/sqft

621 active listing(s)

Parking: 3 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

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
Howard De Beck ElementaryElementary510 m
Matthew McNair SecondaryElementary579 m
Walter Lee ElementaryElementary594 m
James Whiteside ElementaryElementary1.1 km
Garden City ElementaryElementary1.1 km
R C Palmer SecondaryElementary1.3 km
Kingswood ElementaryElementary1.3 km
Hugh McRoberts SecondarySecondary1.4 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
Southbound No. 4 Rd @ Francis Rd95 m
Northbound No. 4 Rd @ Francis Rd115 m
Southbound No. 4 Rd @ Glendower Gate217 m
Northbound No. 4 Rd @ Amethyst Ave262 m
Southbound No. 4 Rd @ Dayton Ave446 m

Nearby Places

Parks (5+)

  • Agassiz Neighbourhood Park491 m
  • Unnamed506 m
  • Debeck Neighbourhood School Park531 m
  • Walter Lee Neighbourhood School Park562 m
  • Heather Dolphin Neighbourhood Park677 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($110,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,080,000.00
Periodic payment — Principal & Interest (monthly)$6,967.79
Additional monthly expenses (strata, tax, utilities, etc.)$560.86
Total monthly cost$7,528.66
Interest paid over 5-yr term$309,531.10
Balance at end of term$971,463.49

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$110,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,535.17

Cash Needed at Closing

Minimum down payment$110,000
Estimated BC PTT$25,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$136,500

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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