3171 Chatham Street, Richmond, V7E 6B8 — photo 1

$1,805,000

3171 Chatham Street, Richmond, V7E 6B8
Active
3 Bedrooms 3 Bathrooms 2,402 sqft Built 1986 Residential
1 Listing Signal Detected
Renovation RequiredNote

Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.

About This Property

Excellent Steveston Village location. Walking distance to all local amenities, shops, pier and harbour. No sign at owners request. Ideal property for renovation future rebuild or development. 3 beds, 3 bath, 2 kitchen. Suite potential separate entry. Possible additional +2 bedrooms. First time on market in over 30 years. Sellers will rent back. Half block to Garry Point park.

None,Unauthorized SuiteFireplace

Property Details

MLS #

R3039113

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

SFR

Bedrooms

3

Full Baths

3

Half Baths

0

Kitchens

2

Fireplaces

1

Living Area

2,402 sqft

Main Floor

1,179 sqft

Above Main

1,223 sqft

Basement

Yes

Lot Size

3,960 sqft

Lot Dimensions

33 x

Frontage

33

Year Built

1986

Age

39 years

Roof

Asphalt

Construction

Frame Wood, Glass (Exterior), Mixed (Exterior)

Structure

Residential Detached

Parking Stalls

3

Carport

1 spaces

Parking Type

Carport Single, Front Access

Original Price

$2,000,000

Taxes

$5,254.34/yr

Listed

2025-09-16

MLS Area

Steveston Village

City

Richmond

Postal Code

V7E 6B8

Features & Finishes

Heating

Forced Air · Natural Gas

Flooring

Laminate · Tile · Carpet

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove

Fireplace

Free Standing · Wood Burning

Patio / Porch

Sundeck

Interior Features

Guest Suite

Building & Community

Transit

1

Schools

1

Lot Features

Lane Access, Recreation Nearby

Fencing

Fenced

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Community, Electricity Connected, Natural Gas Connected, Water Connected

Community

Shopping Nearby

Disclosures

Property Disclosure

Yes

8.3

Good Value

Deal Score out of 10

Priced competitively with some negotiation potential.

Value vs marketSlightly below market $/sqft
Days on market231 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

$1,684,992

6.6% below asking price

Negotiation Range

$1,639,867$1,712,067

$72,200 spread

$1,639,867$1,805,000 ask

Based on 13 recent sales, a starting offer around $1,684,992 (6.6% below ask) is reasonable. Your negotiation range is $1,639,867 – $1,712,067.

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 time231 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

Schedule a Viewing

Contact us to arrange a private showing of this property.

Your information is kept private and never shared with third parties.

Ask a Question

Have questions about this listing? We'll get back to you quickly.

Your information is kept private and never shared with third parties.

More Homes in Steveston Village