18840 River Rd Rd, Richmond, BC

$2,300,000 Est. Mortgage /mo

MLS® R3071468

0 sqft
$2,300,000
Est. /mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

Discover endless possibilities on this 4.29-acre elevated parcel, raised 8–10 feet above neighbouring properties. Perfectly positioned across from the Fraser River, this rare offering is rich with potential. With a Development Permit nearing approval and plans drawn for a large home, storefront, sizable barn, and lavender farm, it’s an exceptional opportunity for families seeking rural living. Investors will appreciate the strong business prospects this prime location provides. Assessed at: $3,080,000. Don’t miss this incredible opportunity!

General Info

Price $2,300,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 4.29
Lot Size Depth Feet
Lot Size Frontage -
Basement Features -

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Building Features -
Structures Land Only

Additional Details

MLS® # R3071468
Building Name -
Area Richmond
Neighbourhood East Richmond
City Richmond
Postal Code V6V 1M1
Price per Sqft -
Gross Taxes $7,630.5
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer Not Available, Storm Sewer Not Available, Electricity Not Available, Natural Gas Not Available, Phone Not Available, Cable Not Available
Water (WaterSource) None

Parking

Total Parking Spaces -
Strata Restrictions -
Rental Restrictions -
Zoning AG1
Rental Suites -
# of Kitchens -
Locker -
View -
View Description -
Units In Development -

Property Timeline

Status Date Price
R3071468 / Active 12-02-2025 $2,300,000
R2879173 / Sold 01-15-2025 $2,700,000
Listed by: Babych Group Realty Vancouver Ltd.

NOTE: 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood & Transit Info

Public Schools

Elementary
Kingswood Elementary School
Average
7.96 km
6.8/10
Secondary
Cambie Secondary School
5.01 km
Elementary
Kingswood Elementary School
7.96 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Fawkes Academy
3.75 km
Secondary
Glen Eden School
4.8 km

Closest Transit

Bus Stop
Eastbound North Fraser Way @ Fraserton Court
0.74 km
Skytrain
Skytrain @ Royal Oak Stn
3.49 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Below Average
24.9%
No Certificate/Degree
Above Average
15.5%
Owner Occupied
Below Average
51.2%
Employment Rate
Above Average
67.2%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Possible
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $636
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $9,420/month in total housing costs on this $2,300,000 property — $8,784 mortgage payment, $636 property tax.
or Call 778-918-5990
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Based on $5,865/month estimated rent and $9,627/month in total housing costs, this property has a -$3,762/month cashflow. Break-even down payment: approximately 55%.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $2,300,000
Richmond Loading...
East Richmond Loading...
Among 7 similar active listings in East Richmond, the average price is $2,988,000. At $2,300,000, this listing is priced 23% below the local average and 4.7% below the city-wide benchmark.
Data is based on list prices of similar active listings. 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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. 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

Property FAQs

What are the closest top-rated schools to 18840 River Rd Road, Richmond, BC?
The closest top-rated schools are Kingswood Elementary School and Cambie Secondary School.
Is 18840 River Rd Road, Richmond, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 18840 River Rd Road, Richmond, BC?
With a standard down payment, the estimated monthly mortgage is approximately $13,800.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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