4751 - 4771 Steveston Hwy, Richmond, BC

$2,888,000
Est. Mortgage /mo

MLS# R3091654

11 Beds
7 Baths
5003 sqft
577 $ /sqft
1968 built
$2,888,000
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

Rare income property opportunity in the heart of Steveston! Situated on over 14,000 sq 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!

General Info

Price $2,888,000
Total Bedrooms 11
Total Bathrooms 7
Half Bathrooms 0
Floor Area Total (sqft) 5003
Lot Size 14015
Lot Size Depth Feet
Lot Size Frontage -
Basement 0
Basement Features None

Property Metrics

Year Built 1968
Age Of Building 58
Building Type Quadruplex
Property Type Residential Income
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Structures Multi Family

Additional Details

MLS® # R3091654
Building Name -
Area Richmond
Neighbourhood Steveston North
City Richmond
Postal Code V7E 2K4
Price per Sqft -
Gross Taxes $10,116.15
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included 1

Heating & Cooling

Fireplace 3
Heating Type Forced Air, Natural Gas

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Detached, Tandem, Front Access
Total Parking Spaces 10
Strata Restrictions -
Rental Restrictions -
Zoning RS1/E
Rental Suites -
Laundry In Unit
# of Kitchens 4
Flooring Hardwood, Mixed, Tile, Vinyl
Foundation Slab
Interior Features Storage
Locker -
View -
View Description -
Units In Development -
Exterior Features Garden, Balcony, Private Yard
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property Timeline

Status Date Price
R3091654 / Active 02-18-2026 $2,888,000
Rooms
Floor Type Dimensions
Main Level Foyer 7'8 x 7'8 ft
Main Level Storage 15'11 x 15'11 ft
Above Level Primary Bedroom 13'0 x 13'0 ft
Above Level Bedroom 9'11 x 9'11 ft
Above Level Bedroom 11'7 x 11'7 ft
Above Level Living Room 15'1 x 15'1 ft
Above Level Dining Room 13'2 x 13'2 ft
Above Level Kitchen 12'3 x 12'3 ft
Above Level Eating Area 9'11 x 9'11 ft
Main Level Bedroom 11'2 x 11'2 ft
Main Level Kitchen 14'8 x 14'8 ft
Main Level Living Room 15'9 x 15'9 ft
Main Level Foyer 12'11 x 12'11 ft
Main Level Bedroom 16'8 x 16'8 ft
Abv Main 2 Primary Bedroom 16'9 x 16'9 ft
Abv Main 2 Laundry 10'8 x 10'8 ft
Abv Main 2 Kitchen 13'0 x 13'0 ft
Abv Main 2 Dining Room 13'4 x 13'4 ft
Abv Main 2 Living Room 16'1 x 16'1 ft
Abv Main 2 Bedroom 12'2 x 12'2 ft
Abv Main 2 Bedroom 12'2 x 12'2 ft
Main Level Primary Bedroom 16'0 x 16'0 ft
Main Level Kitchen 13'3 x 13'3 ft
Main Level Foyer 9'11 x 9'11 ft
Main Level Bedroom 8'7 x 8'7 ft
Main Level Bedroom 8'8 x 8'8 ft
Main Level Laundry 5'9 x 5'9 ft
Main Level Living Room 15'7 x 15'7 ft
Bathrooms
Floor Ensuite Pieces
Above Level No #4
Above Level Yes #3
Main Level No #4
Above Main 2 No #4
Above Main 2 Yes #4
Listed by: Rennie & Associates Realty 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

Secondary
Hugh Boyd Secondary School
1.41 km
Elementary
John G Diefenbaker Elementary School
Above Average
0.56 km
7.9/10
Elementary
John G Diefenbaker Elementary School
0.56 km

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

Private Schools

Elementary
St.Joseph the Worker School
0.95 km
Elementary, Secondary
Richmond Christian School
Above Average
5.84 km
9.3/10

Closest Transit

Bus Stop
Westbound Steveston Hwy @ Railway Ave
0.08 km
Skytrain
Skytrain @ Brighouse Stn
4.52 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
34.7%
No Certificate/Degree
Below Average
10.7%
Owner Occupied
Below Average
53.5%
Employment Rate
Above Average
68.1%

Noise/ Power Lines

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

Other

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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $843
Maintenance fee 0
Financing 80% of the $2,888,000 asking price over 30 years at 4% results in approximately $11,873/month in total estimated carrying costs, $843 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%
This listing generates an estimated $10,669/month in rental income, leaving a -$1,444/month cashflow at current carrying costs. Investors targeting break-even would need roughly 31% down.
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 $2,888,000
Richmond Loading...
Steveston North Loading...
No active comparables are currently available for this property type in Richmond. Pricing context may be limited at this time.
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 4751 - 4771 Steveston Highway, Richmond, BC?
The closest top-rated schools are Hugh Boyd Secondary School and John G Diefenbaker Elementary School.
Is 4751 - 4771 Steveston Highway, Richmond, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 4751 - 4771 Steveston Highway, Richmond, BC?
With a standard down payment, the estimated monthly mortgage is approximately $17,328.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

Earn Cashback

Potential Cashback for this listing if you buy with us

$0
out of $17,631
0 of 17 missions

Sign up on Estateblock.com

$882 / 5%

Buy with us & save on this property

Similar Quadruplexs for Sale in Richmond

Book a tour

Please complete the form. We will make the arrangements and give you a call, typically within 1-2 hours. Or Call Us 778-918-5990
Thank you Your message has been sent