Vancouver Homes
8511 Spires Road, Richmond, V6Y 1W3 — photo 1

$2,699,000

8511 Spires Road, Richmond, V6Y 1W3
Active
3 Bedrooms 2 Bathrooms 1,820 sqft Built 1966 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 investment and holding property in the heart of Richmond with strong future development potential! This single-family home sits on a large 8,307 sqft corner lot in a quiet, central neighborhood. Surrounded by multi-family developments and future redevelopment activity. Walking distance to schools, parks, library, Richmond Centre Mall, restaurants, and public transit. A rare opportunity to own a prime piece of land in a fast-developing area. Don't miss out!

Fireplace

Property Details

MLS #

R3016508

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

RS1/E

Bedrooms

3

Full Baths

2

Half Baths

0

Kitchens

1

Fireplaces

1

Living Area

1,820 sqft

Main Floor

1,820 sqft

Lot Size

8,307 sqft

Lot Dimensions

75.5 x 110

Frontage

75.5

Year Built

1966

Age

60 years

Roof

Asphalt

Construction

Frame Wood, Wood Siding

Structure

Residential Detached

Parking Stalls

1

Carport

1 spaces

Parking Type

Carport Single

Original Price

$2,699,000

Taxes

$6,266.88/yr

Listed

2025-06-16

MLS Area

Brighouse

City

Richmond

Postal Code

V6Y 1W3

Features & Finishes

Heating

Forced Air · Natural Gas

Fireplace

Other

Patio / Porch

Patio

Building & Community

Water Source

Public

Sewer

Public Sewer, Storm Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Disclosures

Property Disclosure

Yes

Location

Open in Google Maps

Coordinates: 49.168817, -123.125708 · Map data © Google

5.3

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market— 90% above market — check if justified
Days on market— 322 days — significantly stale, strong negotiation position
Price history— No price reduction — seller firm on price
Market conditions— Buyer's market — avg 95% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$2,507,111

7.1% below asking price

Negotiation Range

$2,439,636 – $2,547,596

$107,960 spread

$2,439,636$2,699,000 ask

Based on 13 recent sales, a starting offer around $2,507,111 (7.1% below ask) is reasonable. Your negotiation range is $2,439,636 – $2,547,596.

What's factored in

Market baseline— 13 recent Richmond sales closed at median 95.2% of list price
Extended market time— 322 days listed — well above market avg of 158 days, increased negotiation leverage
Above-average DOM— 322d vs market avg of 158d — property may have a pricing or condition issue

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

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