Data was last updated 2026-02-23 at 21:56:49 GMT
$2,888,000

4751 - 4771 Steveston Highway   Richmond, British Columbia

MLS®: R3091654
URL:    
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!
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!

Listing Information

Prop. Type:
Quadruplex
Status:
Active
City:
Richmond
Bedrooms:
11
Full Bathrooms:
7
Neighborhood:
Steveston North
Area:
Richmond
Province:
British Columbia
MLS® Number:
R3091654
Listing Price:
$2,888,000
Taxes:
$10,116

General Information

Year Built:
1968
Lot Size (sqft):
14015.0 ft2
Total Square Feet:
5003ft2

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This property is listed by Rennie & Associates Realty Ltd. and provided here courtesy of Todd Pocklington and Donald Watson. For more information or to schedule a viewing please contact Todd Pocklington and Donald Watson.
Todd Pocklington and Donald Watson
Royal LePage Sussex
Phone: 604-607-5888
Mobile Phone: 604-607-5888
Inquire Via Email
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