7640 Francis Road, Richmond, BC V6Y 1A2

$17,800,000
2
BD
1
BA
1,543
SqFt
List Price
$17,800,000
Status
ACTIVE
MLS® #
R2866141
Days on Market
61
Year Built
1955
Dwelling Type
House/Single Family
Style
1 1/2 Storey
Stories
2
Bedrooms
2
Total baths
1
Living Area
1,543
Area
Richmond
Community
Broadmoor

Property Description

Builder alert! This nearly half acre parcel offers tremendous opportunity for redevelopment potential. The applied zoning for RAM3 allows for up to 6 stories and 90 units building site. Can rent or sell, 8.5% return rate. School catchment: Errington Elementary, Steveston-London Secondary

Additional Information

Lot Size
21,780
Site Influences
Central Location, Recreation Nearby, Shopping Nearby
Acres
0.50
Basement Description
None
Region
Richmond
Title To Land
Freehold NonStrata
Gross Taxes
14664.58
Tax Year
2023
Frontage
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Metro Edge Realty

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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.