12900 Gilbert Road, Richmond, V7E 2H6 — photo 1

$5,990,000

12900 Gilbert Road, Richmond, V7E 2H6
Active
6 Bedrooms 7 Bathrooms 16,289 sqft Built 1996 Residential
1 Listing Signal Detected
As-Is ConditionHigh

Seller will not make repairs. Commission a pre-inspection before removing subjects.

About This Property

Court order sale! 16,000+ sq ft with 6 bedroom and 7 bath custom executive home on 9.07 acres. Perfect for entertaining. Portecochere, grand double high entry foyer & living room, designer kitchen with all the bells and whistles, 40 ft indoor swimming pool, exercise area, library, double family room, recreation room, tennis court, refraction pool, fish pond and many more. Property is in excellent condition but sold as is. Open house on Sunday April 12, 10am-12pm.

Fireplace

Property Details

MLS #

R3074742

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

AG1

Bedrooms

6

Full Baths

6

Half Baths

1

Kitchens

1

Fireplaces

2

Living Area

16,289 sqft

Main Floor

10,166 sqft

Above Main

6,123 sqft

Lot Size

395,089.2 sqft

Lot Dimensions

400 x

Frontage

400

Year Built

1996

Age

30 years

Roof

Concrete

Construction

Frame Wood, Brick (Exterior)

Structure

Residential Detached

Garage Spaces

3

Parking Type

Garage Triple, RV Access/Parking, Guest

Original Price

$6,800,000

Taxes

$15,541.35/yr

Listed

2025-12-22

MLS Area

Gilmore

City

Richmond

Postal Code

V7E 2H6

Features & Finishes

Heating

Radiant

Cooling / A/C

Central Air

Fireplace

Gas

Patio / Porch

Sundeck

Exterior Features

Garden · Balcony

Building & Community

Water Source

Public

Sewer

Septic Tank

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Pool

Indoor

Building Amenities

Sauna/Steam Room

Disclosures

Property Disclosure

Yes

Coordinates: 49.119178, -123.147567 · Map data © Google

9.6

Hot Deal

Deal Score out of 10

Strong value relative to the market with clear seller motivation signals.

Value vs market53% below market $/sqft
Days on market133 days — significantly stale, strong negotiation position
Price historyPrice dropped 12% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 95% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$5,591,230

6.7% below asking price

Negotiation Range

$5,441,480$5,681,080

$239,600 spread

$5,441,480$5,990,000 ask

Based on 13 recent sales, a starting offer around $5,591,230 (6.7% below ask) is reasonable. Your negotiation range is $5,441,480 – $5,681,080.

What's factored in

Market baseline13 recent Richmond sales closed at median 95.2% of list price
Price already reducedSeller dropped from 12% off original ask — indicates motivation
Extended market time133 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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