Investor & Builder Alert! Rare opportunity to own a large 10,980 sq ft lot (85.8 ft frontage) in central Richmond with huge future development potential—possible 6–8 townhouse units (verify with City). The home offers plenty of space and mortgage helper income, including a 2-bedroom suite with separate entrance rented at $2,500/month, a 1-bedroom suite rented at $1,500/month, plus 2 garages rented at $1,000/month total. Upper level has 3 bedrooms, spacious living/dining areas, and a large covered deck. Circular driveway, big workshops, and extra parking. Located in Blundell Elementary and Richmond Secondary (IB Program) catchments, near shopping, parks, and transit. Live in, rent out, or redevelop — endless options on this prime lot!
Address
7540 No.2 Road
List Price
$2,580,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Area
Richmond
Sub-Area
Granville
Bedrooms
5
Bathrooms
4
Floor Area
3,564 Sq. Ft.
Main Floor Area
1410
Lot Size
10980 Sq. Ft.
Lot Size Dimensions
85.83 x 136.55
Lot Size (Acres)
0.25 Ac.
Lot Size Units
Square Feet
Total Building Area
3564
Frontage Length
85.83
Year Built
1968
MLS® Number
R3020986
Listing Brokerage
Nu Stream Realty Inc.
Basement Area
None
Postal Code
V7C 3L9
Zoning
RS1/E
Ownership
Freehold NonStrata
Parking
Detached, Garage Double, Garage Single, Front Access
Parking Places (Total)
10
Tax Amount
$6,358.12
Tax Year
2024
Site Influences
Balcony
Exterior Features
Balcony
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove, Freezer
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Baseboard, Hot Water, Natural Gas
Fireplace
Yes
Fireplace Features
Wood Burning
Number of Fireplaces
3
Garage
Yes
Garage Spaces
3
Levels
Three Or More
Number Of Floors In Property
3
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