Skip to content
Renanza Realty
For sale

3880 NO. 3 ROAD

Richmond, British Columbia

MLS® C8077201

$4,300,000

Status
Active
Property type
Vacant land
MLS® number
C8077201
Bedrooms
—
Bathrooms
—
Year built
—
PhotosSchedule/EmailSend Listing

Listing description

Stabilized FREEHOLD INVESTMENT opportunity along Richmond's Golden Corridor! 18,212 sq. ft lot with 148' of frontage along No.

3 Rd and across the street from Aberdeen Station on the Canada Line. OCP designated for high density (up to 3. 0 FSR) as part of "Aberdeen Village Urban Centre T5", zoned for a wide range of COMMERCIAL uses.

Land is currently leased long term until 2091 (65 remaining years) to the Radisson Hotel and partially subletted to BMO. Purchaser to assume the existing triple net lease (including multiple escalation clauses) providing a stable return while owning a prime parcel for future redevelopment. The yearly net income for 2026 is approx.

$135,783.

Property summary

MLS® number
C8077201
Property type
Vacant Land
Land size
18212 square feet
Annual property taxes
$63,780.99
Days on market
164 days

What would this home cost you?

Based on the $4,300,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$20,007 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX City Realty, Delta.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.