Property Type: Land / LotOwnership: Freehold

Lot 127 GRANVILLE AVENUE

Richmond, BC V6Y1R6

$375,000

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Property Details

Property & Lot

Lot size
33,889 square feet
Frontage
125 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$983.67 (2025)

Interior

Fireplace
None

Listing Information

MLS®
R3096045
Listed
March 6, 2026
Time on market
On the market for 178 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Planet Group Realty Inc. · Data source: CREA DDF.

Description

Discover a prime holding in Richmond's coveted McLennan area, around 600 feet from Granville Ave. This 0.778-acre AG-1 Agricultural-zoned land is a perfect canvas for a hobby farm, with space for blueberries, vegetables, and fruits. An exceptional investment opportunity awaits. Please note that the west side farm access road is under construction. For details or viewings contact us. (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

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

Not enough data yet

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
Cornerstone Christian Academy(Independent)Elementary949 m
BC Muslim School(Independent)Elementary/Middle1.2 km
A.R. MacNeill SecondarySecondary1.4 km
Az-Zahraa Islamic Academy(Independent)Elementary1.5 km
Henry Anderson ElementaryElementary1.6 km
Richmond Jewish Day School(Independent)Elementary1.7 km
Kingswood ElementaryElementary2.0 km
Howard De Beck ElementaryElementary2.0 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
Southbound No. 5 Rd @ Granville Ave456 m
Northbound No. 5 Rd @ Granville Ave474 m
Northbound No. 5 Rd @ 6400 Block527 m
Southbound No. 5 Rd @ 6400 Block574 m
Northbound No. 5 Rd @ 7300 Block592 m

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($18,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$300,000.00
Periodic payment — Principal & Interest (monthly)$1,935.50
Additional monthly expenses (strata, tax, utilities, etc.)$81.97
Total monthly cost$2,017.47
Interest paid over 5-yr term$85,980.86
Balance at end of term$269,850.97

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$18,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,739.44

Cash Needed at Closing

Minimum down payment$18,750
Estimated BC PTT$5,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$25,750

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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