Vancouver Neighbourhood
Buyers entering McLennan should expect mid-to-upper market pricing averaging $2.88 million for homes, with strong market conditions favoring sellers—recent sales have averaged $5 million. This neighbourhood suits established families, downsizers, and investors seeking central Richmond real estate with both residential quality and commercial proximity.
Avg recent sale: $5,000,000
McLennan is a central Richmond neighbourhood that has established itself as a dynamic residential and commercial hub. Strategically positioned along Westminster Highway, the area is renowned for its concentration of furniture and home décor retailers, making it a destination for both local shoppers and regional visitors seeking quality home furnishings. The neighbourhood successfully blends established single-family homes with newer residential developments, creating diverse housing options that appeal to a wide range of buyers. Current McLennan real estate market activity reflects strong buyer interest, with 8 active MLS listings and an impressive sale-to-list ratio of 92.9%, indicating properties are selling near or above asking prices. The average recent sold price of $5,000,000 demonstrates the neighbourhood's appeal to families and investors seeking premium properties, while the average price per square foot of $1,631 provides context for the mid-to-upper market positioning. Beyond residential appeal, McLennan offers convenient access to major transportation corridors, making commuting to Vancouver and other parts of the Lower Mainland straightforward. The neighbourhood's central location means residents enjoy proximity to shopping, dining, and entertainment options along with easy access to regional parks and recreational facilities. Whether you're searching for McLennan homes for sale as a primary residence or investment property, the combination of established infrastructure, commercial vitality, and quality housing stock makes this an attractive destination for discerning buyers.
Listed by RE/MAX Real Estate Services