Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · House · Richmond

6340 No. 1 Road

Richmond, BC V7C1T3

$1,958,000

1 day on market

Bedrooms
6
Bathrooms
3
Floor area
2,566 sq ft
Type
House
Year built
1953
Parking
8
Taxes
$6,149.85 (2025)
MLS®
R3174035

About this home

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.

  • All

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$8,670
Strata fee$0
Property taxannual ÷ 12$512
Est. monthly total$9,182
Down payment + BC property transfer taxbefore any first-time buyer exemption$428,760

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Listing courtesy of eXp Realty. View on REALTOR.ca

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