Renovated on 2018. Excellent opportunity for developers, investors, or homebuyers! This beautifully renovated Quilchena Richmond home sits on a 7,937 sqft lot with 2,329 sqft of living space. Featuring 3 large bedrooms, spacious living areas, and a modern kitchen. Enjoy privacy with a front hedge, wide driveway, and a double garage opening to a serene backyard. Prime location with easy access to transit, shopping, schools, parks, and golf. Under Richmond Arterial Road Townhouse Development Policy, this property offers high potential for assembly with neighboring lots for a large townhouse development. Can be sold individually or as part of a land assembly. OPEN HOUSE: JUL.12, SUN, 2-4PM
Property details
3
Beds
2 full
Baths
2,329 ft²
Floor area
7,937 ft²
Lot size
1972
Year built
2
Storeys
6
Parking
$5,608/yr
Gross tax
Location & structure
Single Family Residence
Type
None
Basement
Richmond
Area
Quilchena RI
Sub-area
Basement
None
Structure
Residential Detached
Property highlights
Balcony
Private yard
Double garage
Golf course
Features & inclusions
Heating
Forced Air, Natural Gas
Parking
Detached
Lot
Central Location, Near Golf Course
Community
Shopping Nearby
Additional details
Levels
Two
Main floor (ground)
1,630 ft²
Tax year
2025
Listed by Evermark Real Estate Services. Data from BCRES. Last updated Jul 8, 2026, 2:45 PM.
This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $337,000 down (20%) on $1,685,000, 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.
Inventory mix
What this area trades in
Within 3 km of this listing · 565 listings
Detached
302
53.5%
Condo / Apartment
133
23.5%
Townhouse
112
19.8%
Half-duplex
7
1.2%
Duplex
6
1.1%
Other
5
0.9%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Richmond · 120 dwellings
Single-detached70 · 58.3%
Apartment in duplex40 · 33.3%
Semi-detached5 · 4.2%
Low-rise apartment5 · 4.2%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59151068· Richmond· Transit 33/100 (3353m to rapid)· 0.10 km²
Median rent here
$1,800
Owner shelter cost
$1,510
Renters
17.4%
30%+ on shelter
43.5%
Population (2021)
366
Median age
47.2
Avg household size
3.3
Avg household income
$84,000
Renters
17.4%
Owners
82.6%
Immigrants
67.5%
Post-secondary
61.7%
Avg home value
$1,840,000
Single status
27.4%
Not in labour force
45.0%
Households with kids
45.5%
Median rent
$1,800
Owner shelter cost
$1,510
30%+ on shelter
43.5%
Breakdown
$25,000 to $29,999
5
5.0%
$30,000 to $34,999
10
10.0%
$50,000 to $59,999
5
5.0%
$60,000 to $69,999
10
10.0%
$70,000 to $79,999
5
5.0%
$80,000 to $89,999
5
5.0%
$90,000 to $99,999
5
5.0%
$100,000 to $124,999
15
15.0%
$125,000 to $149,999
10
10.0%
$150,000 to $199,999
10
10.0%
$200,000 and over
20
20.0%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59151068).
Market story
Rent in Richmond
Census 2021 avg $1,800/mo here · Vancouver 3BR rent (est) trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
Vancouver CMA rental snapshot · 2025
Purpose-built vacancy
3.7%
Avg 2BR rent
$2,363
+2.2% YoY
Condo vacancy
1.5%
Avg 2BR condo rent
$2,900
Source: CMHC Rental Market Report (2025)
CMHCVancouver outlook
From the CMHC Spring 2026 Housing Supply Report · Mar 2026
