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Similar Homes in Steveston North
Subject: $2,698,000 · $539/sqft
Subject: $2,698,000 · $539/sqft
$2,698,000
Listed by: Rennie & Associates Realty Ltd. · MLS®
BC tenancy law requires proper notice periods. Confirm tenant status and end-of-tenancy timelines with your agent.
Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.
Rare income property opportunity in the heart of Steveston! Situated on over 14,000 sq 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!
MLS #
R3091654
Status
Active
Type
Residential Income
Sub-type
Quadruplex
Ownership
Freehold NonStrata
Zoning
RS1/E
Bedrooms
11
Full Baths
7
Half Baths
0
Kitchens
4
Fireplaces
3
Living Area
5,003 sqft
Main Floor
841 sqft
Above Main
1,204 sqft
Lot Size
14,015 sqft
Year Built
1968
Age
58 years
Roof
Asphalt
Construction
Frame Wood, Stucco, Wood Siding
Structure
Multi Family
Parking Stalls
10
Parking Type
Detached, Tandem, Front Access
Taxes
$10,116.15/yr
MLS Area
Steveston North
City
Richmond
Postal Code
V7E 2K4
Heating
Forced Air · Natural Gas
Flooring
Hardwood · Mixed · Tile · Vinyl
Appliances
Washer/Dryer · Dishwasher · Refrigerator · Stove · Microwave
Laundry
In Unit
Fireplace
Electric · Wood Burning
Security
No Fire Sprinkler System · No Smoke Detector(s)
Patio / Porch
Patio · Deck
Interior Features
Storage
Exterior Features
Garden · Balcony · Private Yard
Transit
One Block
Schools
8 Blocks
Lot Features
Central Location
Fencing
Fenced
Water Source
Public
Sewer
Public Sewer, Sanitary Sewer
Utilities
Community, Electricity Connected, Natural Gas Connected, Water Connected
Property Disclosure
Yes
Fixtures Removed
Yes
Fixtures Removed
Electric F/P
Coordinates: 49.133930, -123.171409 · Map data © Google
MLS® R3090299 · Listed by RE/MAX Crest Realty
Building permit history is currently available for City of Vancouver properties only.
