4751 - 4771 STEVESTON HIGHWAY, Richmond

2026-02-19
 

Quick Summary

Location
4751 - 4771 STEVESTON HIGHWAY, Richmond, British Columbia V7E2K4
Price
$2,888,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
5149 sqft
Bedrooms:
11
Bathrooms:
7
Year of Construction:
1968

MLS®#R3091654

Property Description

Rare income property opportunity in the heart of Steveston! Situated on over 14,000 square ft of prime land, this legal duplex (circa 1970s) is on one of the last large development parcels in this highly sought-after neighborhood. The property is currently tenanted with long-term occupants, providing stable income and immediate holding security. Existing rents are below current market levels, presenting a clear value-add opportunity for future revenue growth over time. Whether held as a steady income property, repositioned for stronger yield, or land-banked for future development, this is a rare chance to acquire scale and upside in charming Steveston - a neighborhood where opportunities of this size are increasingly scarce. A long-term asset with built-in growth potential! (id:32467)

Property Features

Building

  • Amenities: Laundry - In Suite
  • Appliances: Washer & Dryer, All, Dishwasher
  • Fireplace: No
  • Interior Size: 5149 sqft
  • Building Type: Fourplex

Features

  • Feature: Central location

Land

  • Land Size: 14015 sqft

Ownership

  • Type: Freehold

Information entered by Rennie & Associates Realty Ltd.
Listing information last updated on: 2026-02-19 20:57:44


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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same. Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.

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