9720 RAILWAY AVENUE
Richmond, British Columbia
MLS® R3155514
$1,990,000
- Status
- Active
- Property type
- House
- MLS® number
- R3155514
- Bedrooms
- 3
- Bathrooms
- 3
- Year built
- 1972
Listing description
PRIME INVESTMENT & DEVELOPMENT OPPORTUNITY! Exceptional 75´ x 150´ (11,248 SF) property on Richmond´s Railway Avenue arterial corridor, offering excellent rental income and multifamily redevelopment potential under existing City policies. An ideal holding property with strong rental income potential while exploring future development opportunities.
Consider townhouse, multiplex or purpose-built rental development options. Qualifying multifamily rental projects may be eligible for up to 90%+ CMHC financing under MLI Select. Outstanding family location near highly ranked Jessie Wowk Elementary (9.
2/10), Richmond Christian School and Steveston-London Secondary. An exceptional opportunity to generate rental income while planning future development!
Property summary
- MLS® number
- R3155514
- Property type
- Single Family
- Building type
- House
- Square footage
- 2,706 sq ft
- Title
- Freehold
- Land size
- 11248 square feet
- Built in
- 1972
- Annual property taxes
- $7,933.23
- Parking
- 6 spaces · Garage
- Days on market
- 91 days
Features & details
- Heating
- Natural gas
- Appliances
- All
- Architectural style
- 2 Level
What would this home cost you?
Based on the $1,990,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Luxmore Realty, Richmond.
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.