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!

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features	Storage
Fireplace	3
Heating Type	Forced Air, Natural Gas
Laundry	In Unit
# of Kitchens	4
Flooring	Hardwood, Mixed, Tile, Vinyl
Foundation	Slab

Exterior Features

Exterior Features	Garden, Balcony, Private Yard
Roof	Asphalt
Structures	Multi Family

Building Details

Price	$2,698,000
Total Bedrooms	11
Total Bathrooms	7
Full Bathrooms	7
Half Bathrooms	0
Floor Area Total (sqft)	5003
Year Built	1968
Age Of Building	58
Building Type	Quadruplex
Property Type	Residential Income
Stories	2
Ownership Type	Freehold NonStrata
Utility Type	Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Detached, Tandem, Front Access
Total Parking Spaces	10

Lot & Land

Lot Size	14015
Lot Size Depth	Feet
MLS^® #	R3091654
Area	Richmond
Neighbourhood	Steveston North
City	Richmond
Postal Code	V7E 2K4
Gross Taxes	$10,116.15
Zoning	RS1/E

Property Timeline

Status	Date	Price
R3091654 / Active	02-18-2026	$2,698,000

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.