LOT39 &40 Gazetted Rd, Richmond, BC

$568,000
Est. Mortgage /mo

MLS# R3069390

0 sqft
$568,000
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

Prime holding opportunity in Richmond’s McLennan area—1.225 acres, AG1-zoned, ideally situated near Shell Road and Granville Avenue. This two-lot property sits within Central Richmond, offering strategic, long-term potential for future development. Current zoning allows for agricultural and farming uses only, and the construction of any buildings or structures is not presently permitted unless directly related to approved agricultural operations. This land is best suited for buyers seeking agricultural use now, with an eye to development possibilities as city planning and zoning policies evolve in coming years

General Info

Price $568,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 1.23
Lot Size Depth Feet
Lot Size Frontage 0
Basement -

Property Metrics

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

Additional Details

MLS® # R3069390
Building Name -
Area Richmond
Neighbourhood McLennan
City Richmond
Postal Code V0V 0V0
Price per Sqft -
Gross Taxes $1,765
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer Nearby, Storm Sewer Nearby, Electricity Nearby, Natural Gas Nearby, Phone Nearby, Cable 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
R3069390 / Active 11-19-2025 $568,000
Listed by: Royal Regal 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

Elementary
Kingswood Elementary School
Average
1.71 km
6.8/10
Secondary
Matthew McNair Secondary School
2.17 km
Elementary
Kingswood Elementary School
1.71 km

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

Private Schools

Elementary
Cornerstone Christian Academy
Above Average
0.94 km
10/10
Elementary, Secondary
Richmond Christian School
Above Average
2.61 km
9.3/10

Closest Transit

Bus Stop
Northbound No. 5 Rd @ 7300 Block
0.76 km
Skytrain
Skytrain @ Brighouse Stn
2.62 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
25.9%
No Certificate/Degree
Above Average
16.6%
Owner Occupied
Below Average
59.6%
Employment Rate
Above Average
68.8%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Possible
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 $147
Maintenance fee 0
Financing 80% of the $568,000 asking price over 30 years at 4% results in approximately $2,316/month in total estimated carrying costs, $147 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 $2,201/month in rental income, leaving a -$209/month cashflow at current carrying costs. Investors targeting break-even would need roughly 28% 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 $568,000
Richmond Loading...
McLennan Loading...
2 comparable Lands are currently active in McLennan, with a median asking price of $1,714,000. This property is listed 66.9% below the local average and 66.9% below the Richmond average.
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 LOT39 &40 Gazetted Road, Richmond, BC?
The closest top-rated schools are Kingswood Elementary School and Matthew McNair Secondary School.
Is LOT39 &40 Gazetted Road, Richmond, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for LOT39 &40 Gazetted Road, Richmond, BC?
With a standard down payment, the estimated monthly mortgage is approximately $3,408.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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