About this home

Value, Convenience & Community. Large buildable lot in the heart of Central Richmond, this property delivers the rare combination investors and builders chase: scale, location, and upside. Solid 4-beds, 1.5-baths, 1854SF split-level home offers a renovation path (original condition; roof required) or a clean slate for future development. Detached garage/workshop adds immediate utility—for storage, trades, or hobbyists. Generous lot size opens the door to multiple value-add strategies, ie: subdivision, coach house, or increased density potential (buyer to verify with the City; Bill 44 considerations). What truly sets this property apart is walk-able convenience. Enjoy quick access to Richmond Centre, transit, shopping, parks. Unbeatable location, real upside. Don't Miss opportunity!

Property details

4

Beds

1 full + 1 half

Baths

1,854 ft²

Floor area

11,902 ft²

Lot size

1957

Year built

3

Storeys

$6,511/yr

Gross tax

Location & structure

Single Family Residence

Type

Finished

Basement

Yes

Garage

No

Carport

1

Fireplace

Richmond

Area

Granville

Sub-area

3 Level Split

Style

3 Level Split

Basement

Finished

Structure

Residential Detached

Property highlights

Private yard

Features & inclusions

Appliances

Washer, Dryer, Refrigerator, Stove

Heating

Forced Air, Natural Gas

Parking

Garage Double, Open, Front Access, Asphalt

Lot

Central Location, Recreation Nearby

Community

Shopping Nearby

Additional details

Levels

Multi/Split

Main floor (ground)

613 ft²

Tax year

2025

Nearby & Commute

13 min

walk to FreshCo

6 min

bike to Richmond–Brighouse

20 min

walk to Richmond–Brighouse

33 min

drive to downtown Vancouver

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Condo / Apartment · 52%

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

$7,992

Principal and interest

Calculated estimate

$7,299

Property tax

Listing data

$543/mo

Home insurance

Assumption

$150/mo

Purchase snapshot

List price

Listing data

$1,578,000

Down payment

Calculated estimate

$315,600 (20%)

Estimated mortgage

Calculated estimate

$1,262,400

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

$7,992

/mo

Rate

%

Amortization

Principal and interest

$7,299

Property tax

$543

P&I

Tax

Down payment

$315,600 (20%)

Stress test this mortgage

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Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $315,600 down (20%) on $1,578,000, 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	637	51.5%
Detached	337	27.3%
Townhouse	231	18.7%
Land	14	1.1%
Duplex	8	0.6%
Other	9	0.7%

Under $5,000	5	3.3%
$10,000 to $14,999	5	3.3%
$20,000 to $24,999	10	6.7%
$25,000 to $29,999	5	3.3%
$30,000 to $34,999	5	3.3%
$35,000 to $39,999	5	3.3%
$40,000 to $44,999	5	3.3%
$45,000 to $49,999	10	6.7%
$50,000 to $59,999	15	10.0%
$60,000 to $69,999	15	10.0%
$70,000 to $79,999	5	3.3%
$80,000 to $89,999	5	3.3%
$90,000 to $99,999	10	6.7%
$100,000 to $124,999	10	6.7%
$125,000 to $149,999	10	6.7%
$150,000 to $199,999	20	13.3%
$200,000 and over	10	6.7%

Condo / Apartment	637	51.5%
Detached	337	27.3%
Townhouse	231	18.7%
Land	14	1.1%
Duplex	8	0.6%
Other	9	0.7%

Under $5,000	5	3.3%
$10,000 to $14,999	5	3.3%
$20,000 to $24,999	10	6.7%
$25,000 to $29,999	5	3.3%
$30,000 to $34,999	5	3.3%
$35,000 to $39,999	5	3.3%
$40,000 to $44,999	5	3.3%
$45,000 to $49,999	10	6.7%
$50,000 to $59,999	15	10.0%
$60,000 to $69,999	15	10.0%
$70,000 to $79,999	5	3.3%
$80,000 to $89,999	5	3.3%
$90,000 to $99,999	10	6.7%
$100,000 to $124,999	10	6.7%
$125,000 to $149,999	10	6.7%
$150,000 to $199,999	20	13.3%
$200,000 and over	10	6.7%

7291 Gilbert Road

7291 Gilbert Road

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