11771 Thorpe Road, Richmond, V6X 1J5 — photo 1

$1,789,000

11771 Thorpe Road, Richmond, V6X 1J5
Active
3 Bedrooms 3 Bathrooms 1,420 sqft Residential

About This Property

Investors alert! This property located at the Cambie & No 5 Road area is already zoned CC (Community Commercial) which is intended to provide for shopping centres with a wide range of retail uses and services for the community. Currently used as a single family residence, this rectangular shaped site is well suited for development and is located to the immediate south of the Cambie Plaza Shopping Centre.

Property Details

MLS #

R3074106

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

CC

Bedrooms

3

Full Baths

1

Half Baths

2

Kitchens

1

Living Area

1,420 sqft

Main Floor

560 sqft

Above Main

430 sqft

Basement

Yes

Lot Size

8,595 sqft

Lot Dimensions

65 x 0.0

Frontage

65

Age

999 years

Roof

Asphalt

Construction

Frame Wood, Other, Mixed (Exterior)

Structure

Residential Detached

Parking Type

Carport Multiple

Original Price

$1,988,000

Taxes

$5,373.76/yr

Listed

2025-12-15

MLS Area

East Cambie

City

Richmond

Postal Code

V6X 1J5

Features & Finishes

Heating

Forced Air

Exterior Features

Balcony

Building & Community

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Community

Shopping Nearby

Disclosures

Property Disclosure

Yes

Coordinates: 49.183459, -123.093198 · Map data © Google

6.4

Fair Market

Deal Score out of 10

Priced at or near market value in current conditions.

Value vs market62% above market — check if justified
Days on market141 days — significantly stale, strong negotiation position
Price historyPrice dropped 10% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 95% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$1,670,038

6.6% below asking price

Negotiation Range

$1,625,313$1,696,873

$71,560 spread

$1,625,313$1,789,000 ask

Based on 13 recent sales, a starting offer around $1,670,038 (6.6% below ask) is reasonable. Your negotiation range is $1,625,313 – $1,696,873.

What's factored in

Market baseline13 recent Richmond sales closed at median 95.2% of list price
Price already reducedSeller dropped from 10% off original ask — indicates motivation
Extended market time141 days listed — well above market avg of 158 days, increased negotiation leverage

Based on 13 residential sales in Richmond (last 60 days) · Updated May 4

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