Situated on a massive 85 ft x 120 ft lot in a highly sought-after location, this property presents an exceptional opportunity for homeowners, investors, and developers alike. With incredible redevelopment potential and a versatile layout, this home offers endless possibilities in an area surrounded by growth and future value. The main floor features a bright and functional design with three generously sized bedrooms, all conveniently located near a well-appointed 4-piece bathroom. Large windows throughout the home flood the living spaces with natural light, creating an open and welcoming atmosphere. The spacious living room is warm and inviting, seamlessly connecting to the dining area, making it ideal for both everyday living and entertaining guests. The kitchen is thoughtfully laid out with plenty of workspace and cabinetry, highlighted by a window above the sink overlooking the expansive backyard. Whether preparing meals or enjoying your morning coffee, the view of the private outdoor space adds to the charm of this home. Adjacent to the kitchen is a cozy eating nook that opens directly into both the kitchen and living room, creating a natural flow throughout the main living area. Adding to the practicality of the home, the main floor laundry room is located just off the kitchen and includes a sink as well as direct access to the outdoor patio. This convenient setup makes day-to-day living easy while also providing quick access to the backyard for summer gatherings, gardening, or future expansion plans. The fully developed basement includes an illegal suite with its own separate access from the backyard and alley, offering excellent flexibility for extended family, guests, or potential rental income. The lower level features a full kitchen that opens into a combined living and dining area, creating a comfortable and self-contained space. In addition, the basement offers one bedroom, a den that could easily function as a home office or guest room, a 4-piece bathroom, and its own dedicated laundry area. Outside, the oversized lot provides exceptional outdoor space and incredible future development potential. Whether you are considering renovating, holding as an investment property, or exploring redevelopment opportunities, the size and location of this parcel make it a rare find in today’s market. This is an outstanding opportunity to own a property with strong current functionality and significant long-term upside in a prime location close to amenities, schools, shopping, transit, and major routes. Properties with lots of this size and potential rarely become available.
Data was last updated May 28, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
41
Avg list price:
$1,030,000
Min list price:
$169,900
Max list price:
$2,399,900
Avg days on market:
30
Min days on market:
4
Max days on market:
73
Avg price per sq.ft.:
$501.43
These statistics are generated based on the current listing's property type
and located in
Richmond. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.