Property Type: Land / LotOwnership: Freehold

LOTS 62 & 63

Richmond, BC V6Y1L1

$398,000

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Property Details

Property & Lot

Lot size
1.75 square feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,028.37 (2025)

Interior

Fireplace
None

Listing Information

MLS®
R3098500
Listed
March 11, 2026
Time on market
On the market for 174 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver · Data source: CREA DDF.

Description

ALR Land located between Granville Avenue and Blundell Road, east of No. 4 Road. Two (2) side-by-side 0.875 Acre parcels each. Total site size, 1.75 acres. Accessory buildings not permitted. Available for agricultural uses only. Currently no access road. No civic address. (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

17°C

Clear

Humidity 100%

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

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
A.R. MacNeill SecondarySecondary753 m
Henry Anderson ElementaryElementary1.0 km
Howard De Beck ElementaryElementary1.2 km
Garden City ElementaryElementary1.3 km
R C Palmer SecondaryElementary1.5 km
Cornerstone Christian Academy(Independent)Elementary1.5 km
William Cook ElementaryElementary1.5 km
BC Muslim School(Independent)Elementary/Middle1.7 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. 4 Rd @ 7400 Block330 m
Southbound No. 4 Rd @ General Currie Rd351 m
Southbound No. 4 Rd @ Granville Ave470 m
Northbound No. 4 Rd @ Blundell Rd505 m
Westbound Granville Ave @ 9700 Block572 m

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$318,400.00
Periodic payment — Principal & Interest (monthly)$2,054.21
Additional monthly expenses (strata, tax, utilities, etc.)$85.70
Total monthly cost$2,139.91
Interest paid over 5-yr term$91,254.36
Balance at end of term$286,401.83

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,900
Stress test qualifying rate8.09%
Payment you must qualify for$2,907.46

Cash Needed at Closing

Minimum down payment$19,900
Estimated BC PTT$5,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,360

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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