About this home

Investor Alert! Situated in Richmond's sought-after Lackner neighborhood, this 7,019 sq.ft (75.47 X 93) lot offers an exceptional opportunity to build your dream home. The existing 3,022 sq.ft house generates steady rental income, making it a great investment while you plan your rebuild. With RSM/L zoning, you have the flexibility to maximize the property's potential. Enjoy the convenience of top-rated school, parks, shopping, and transit, all within minutes. Whether you're a builder or homeowner, this is a rare chance to create something special in a quiet, family-friendly community.

Property details

7

Beds

4 full

Baths

3,022 ft²

Floor area

7,020 ft²

Lot size

1975

Year built

2

Storeys

$5,965/yr

Gross tax

Location & structure

Single Family Residence

Type

None

Basement

Yes

Garage

No

Carport

Richmond

Area

Lackner

Sub-area

Basement

None

Structure

Residential Detached

Property highlights

Balcony

Features & inclusions

Heating

Forced Air, Natural Gas

Parking

Garage Single

Additional details

Levels

Two

Main floor (ground)

1,382 ft²

Tax year

2024

Nearby & Commute

10 min

walk to FreshCo

13 min

bike to Richmond–Brighouse

42 min

walk to Richmond–Brighouse

36 min

drive to downtown Vancouver

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Condo / Apartment · 48%

Documents and due diligence

Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.

Property disclosure statement

Review seller-disclosed conditions and known defects.

Title search

Review registered ownership, charges, easements, and covenants.

Inspection reports

Review available property-condition findings.

Building and renovation permits

Confirm that significant work was properly permitted.

Survey or site plan

Review boundaries, structures, and encroachments.

Request the due-diligence package

Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.

Financial overview

A clearer view of the monthly and upfront costs connected to this home.

Monthly ownership costs

Estimated monthly total

Calculated estimate

$9,288

Principal and interest

Calculated estimate

$8,641

Property tax

Listing data

$497/mo

Home insurance

Assumption

$150/mo

Purchase snapshot

List price

Listing data

$1,868,000

Down payment

Calculated estimate

$373,600 (20%)

Estimated mortgage

Calculated estimate

$1,494,400

Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.

Mortgage estimate

Tax from listing

Est. monthly total

$9,288

/mo

Rate

%

Amortization

Principal and interest

$8,641

Property tax

$497

P&I

Tax

Down payment

$373,600 (20%)

Stress test this mortgage

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Jessica Kuan

Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $373,600 down (20%) on $1,868,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.

Condo / Apartment	517	48.2%
Detached	358	33.4%
Townhouse	168	15.7%
Duplex	9	0.8%
Half-duplex	8	0.7%
Other	12	1.1%

Under $5,000	5	2.2%
$15,000 to $19,999	10	4.4%
$20,000 to $24,999	35	15.6%
$25,000 to $29,999	10	4.4%
$35,000 to $39,999	10	4.4%
$40,000 to $44,999	10	4.4%
$45,000 to $49,999	10	4.4%
$50,000 to $59,999	10	4.4%
$60,000 to $69,999	10	4.4%
$70,000 to $79,999	10	4.4%
$80,000 to $89,999	15	6.7%
$90,000 to $99,999	5	2.2%
$100,000 to $124,999	20	8.9%
$125,000 to $149,999	20	8.9%
$150,000 to $199,999	20	8.9%
$200,000 and over	25	11.1%

Condo / Apartment	517	48.2%
Detached	358	33.4%
Townhouse	168	15.7%
Duplex	9	0.8%
Half-duplex	8	0.7%
Other	12	1.1%

Under $5,000	5	2.2%
$15,000 to $19,999	10	4.4%
$20,000 to $24,999	35	15.6%
$25,000 to $29,999	10	4.4%
$35,000 to $39,999	10	4.4%
$40,000 to $44,999	10	4.4%
$45,000 to $49,999	10	4.4%
$50,000 to $59,999	10	4.4%
$60,000 to $69,999	10	4.4%
$70,000 to $79,999	10	4.4%
$80,000 to $89,999	15	6.7%
$90,000 to $99,999	5	2.2%
$100,000 to $124,999	20	8.9%
$125,000 to $149,999	20	8.9%
$150,000 to $199,999	20	8.9%
$200,000 and over	25	11.1%

5280 Cranbrook Avenue

5280 Cranbrook Avenue

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