Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · Multi-family · Richmond

4751-4771 Steveston Highway

Richmond, BC V7E2K4

$2,498,000

92 days on market

Bedrooms
11
Bathrooms
7
Floor area
5,149 sq ft
Type
Multi-family
Year built
1968
Parking
10
Taxes
$10,116.15 (2025)
MLS®
R3143284

About this home

Rare income property opportunity in the heart of Steveston! Situated on over 14,000 square ft of prime land, this legal duplex (circa 1970s) is on one of the last large development parcels in this highly sought-after neighborhood. The property is currently tenanted with long-term occupants, providing stable income and immediate holding security. Existing rents are below current market levels, presenting a clear value-add opportunity for future revenue growth over time. Whether held as a steady income property, repositioned for stronger yield, or land-banked for future development, this is a rare chance to acquire scale and upside in charming Steveston - a neighborhood where opportunities of this size are increasingly scarce. A long-term asset with built-in growth potential!

  • All
  • Dishwasher
  • Washer & Dryer

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$11,061
Strata fee$0
Property taxannual ÷ 12$843
Est. monthly total$11,904
Down payment + BC property transfer taxbefore any first-time buyer exemption$552,540

Illustration only — rates change daily. Adjust in the full calculator →

Listing courtesy of Rennie & Associates Realty Ltd. View on REALTOR.ca

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Listing data is supplied through the CREA Data Distribution Facility (DDF®) by members of CREA and is deemed reliable but not guaranteed. Information should be independently verified.

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