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6340 NO. 1 ROAD

City: Richmond
MLS® Number: R3174035
$1,958,000
Description

RARE DEVELOPMENT OPPORTUNITY IN WEST RICHMOND! Exceptional 10,642 sq.ft. rectangular lot with 67.7 ft frontage, directly beside Thompson Elementary Park. Potential to build TWO DETACHED HOMES with a combined floor area of approx. 5,846 sq.ft. (2,923 sq.ft. each). Each home could include a legal secondary suite, offering up to FOUR living units, subject to City approval. Existing home features 3 beds/2 baths upstairs and 3 beds/1 bath downstairs, with separate kitchens, generating nearly $5,000/month in rental income. Excellent holding property with outstanding redevelopment potential. Close to schools, shopping and transit. Build, invest or hold! Buyer to verify development potential with City of Richmond. School Catchment: Thompson Elementary & Burnett Secondary. (id:67659)

PROPERTY TYPE
Single Family
BEDROOMS
6
TAXES
$6,149.85 (2025)
DWELLING TYPE
House
BATHROOMS
3
LOT AREA
10642.00 square feet
TOTAL AREA
2,566 square feet
YEAR BUILT
1953
STATUS
Active
Features

Appliances: All

Heating: Hot Water

Parking: Detached Garage

Building: Laundry - In Suite

View: View

Photos
Location
Listing Brokerage
eXp RealtyPowered by REALTOR.ca

Contact Leanne Robb PREC

Call 778-918-4169 or email leanne.robb@westcoasthome.ca, or send a message about this listing.