WELCOME to this *** 50' X 105" LOT*** that is located in the highly sought-after community of Richmond. This spacious 5,252 Sq Ft subdividable lot offers incredible potential for builders and investors. Whether you're looking to renovate the existing home or pursue a multi-unit or multi-dwelling development, this lot provides the perfect opportunity to unlock significant value. With the right vision, you can transform this property into multiple homes or rental units, capitalizing on its prime location and future growth potential. Situated in a well-established, desirable neighborhood, this property provides easy access to a variety of green spaces and community amenities. The Richmond Knob Hill Community Association is just around the corner, offering a range of local events that foster a sense of connection and neighborhood pride. For outdoor enthusiasts, the proximity to both Glenmore Reservoir and Fish Creek Provincial Park offers plenty of recreational activities, just minutes away. This quiet lot is surrounded by mature trees and hedges, creating a private sanctuary perfect for relaxation or entertaining. Additionally, the location offers close access to schools, shopping, and other local amenities, combining convenience with exceptional future growth potential. This property presents an outstanding opportunity for builders and investors looking to capitalize on the growing demand for residential development in this prime area. Whether you plan to renovate the existing home or subdivide and develop, the possibilities are endless. Book your showing today to explore why this subdividable lot is the perfect choice for savvy buyers ready to bring their vision to life!
Data was last updated March 28, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
42
Avg list price:
$912,400
Min list price:
$225,000
Max list price:
$1,649,999
Avg days on market:
23
Min days on market:
1
Max days on market:
189
Avg price per sq.ft.:
$540.4
These statistics are generated based on the current listing's property type
and located in
Richmond. Average values are
derived using median calculations.
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.