Richmond · V6Y 2E3
$21,056/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Prime Redevelopment Opportunity on No. 3 Road! A rare 18,943 sq. ft. lot with 132 feet of frontage in a highly sought-after location, ideal for developers and investors. Situated on No. 3 Road, this property offers exceptional potential for townhouse development. The existing home is livable, providing flexibility for interim use while planning redevelopment. This property must be sold in conjunction with 8011 Lucas Road, which is listed under Commercial listing number C8080038, further expanding development possibilities. Don’t miss this high-growth opportunity in a Prime Richmond location.
4
Beds
2 full
Baths
2,808 ft²
Floor area
18,943 ft²
Lot size
1944
Year built
2
Storeys
5
Parking
$12,192/yr
Gross tax
Single Family Residence
Type
Partial
Basement
No
Carport
Richmond
Area
Garden City
Sub-area
Basement
Partial
Structure
Residential Detached
Property highlights
In-suite laundry
Features & inclusions
Heating
Other
Parking
Open, Front Access, Asphalt
Lot
Central Location
Laundry
In Unit
Community
Shopping Nearby
Levels
Two
Main floor (ground)
1,170 ft²
Tax year
2025
Nearby & Commute
7 min
walk to Blundell Market
8 min
bike to Richmond–Brighouse
27 min
walk to Richmond–Brighouse
35 min
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Condo / Apartment · 52%
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$21,056
Principal and interest
Calculated estimate
$19,890
Property tax
Listing data
$1,016/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$4,300,000
Down payment
Calculated estimate
$860,000 (20%)
Estimated mortgage
Calculated estimate
$3,440,000
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
$21,056
/mo
Rate
%
Amortization
Principal and interest
$19,890
Property tax
$1,016
P&I
Tax
Down payment
$860,000 (20%)
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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 $860,000 down (20%) on $4,300,000, 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 | 649 | 52.0% |
| Detached | 335 | 26.9% |
| Townhouse | 232 | 18.6% |
| Land | 14 | 1.1% |
| Duplex | 7 | 0.6% |
| Other | 10 | 0.8% |
| Under $5,000 | 5 | 1.9% |
| $5,000 to $9,999 | 10 | 3.8% |
| $15,000 to $19,999 | 5 | 1.9% |
| $20,000 to $24,999 | 10 | 3.8% |
| $25,000 to $29,999 | 10 | 3.8% |
| $30,000 to $34,999 | 5 | 1.9% |
| $35,000 to $39,999 | 10 | 3.8% |
| $40,000 to $44,999 | 10 | 3.8% |
| $45,000 to $49,999 | 10 | 3.8% |
| $50,000 to $59,999 | 25 | 9.4% |
| $60,000 to $69,999 | 15 | 5.7% |
| $70,000 to $79,999 | 20 | 7.5% |
| $80,000 to $89,999 | 15 | 5.7% |
| $90,000 to $99,999 | 15 | 5.7% |
| $100,000 to $124,999 | 25 | 9.4% |
| $125,000 to $149,999 | 25 | 9.4% |
| $150,000 to $199,999 | 20 | 7.5% |
| $200,000 and over | 30 | 11.3% |
$4,500,000
7195 No. 4 Road
Richmond · Residential
4 bd
3 ba
2,825 sqft
$1,593/sqft
Built 1986
MLS® R3091233
Pacific Evergreen Realty Ltd.
$3,880,000
6689 Granville Street
Vancouver · Residential
4 bd
2 ba
2,429 sqft
$1,597/sqft
Built 1946
MLS® R3111374
RE/MAX Crest Realty
$4,300,000
438 45th Avenue
Vancouver · Residential
3 bd
2 ba
2,551 sqft
$1,686/sqft
Built 1949
MLS® R3135552
Sutton Premier Realty
