For Sale · Richmond · Single Family

$1,578,000

7291 GILBERT ROAD, Richmond

Beds

Baths

1,854

Sq Ft

1957

Built

About This Home

The details.

Value, Convenience & Community. Large buildable lot in the heart of Central Richmond, this property delivers the rare combination investors and builders chase: scale, location, and upside. Solid 4-beds, 1.5-baths, 1854SF split-level home offers a renovation path (original condition; roof required) or a clean slate for future development. Detached garage/workshop adds immediate utility-for storage, trades, or hobbyists. Generous lot size opens the door to multiple value-add strategies, ie: subdivision, coach house, or increased density potential (buyer to verify with the City; Bill 44 considerations). What truly sets this property apart is walk-able convenience. Enjoy quick access to Richmond Centre, transit, shopping, parks. Unbeatable location, real upside. Don't Miss Opportunity! (id:66635)

Summarizing the highlights...

MLS® R3113558Listing courtesy of RE/MAX WestcoastView on map

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Year built: 1957
Size: 1,854 sqft
Lot size: 11,902 square feet
Parking: 2 spaces
MLS number: R3113558
Data source: Greater Vancouver REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$7,380

$1,262,400 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$7,380

Cash flow

-$7,380

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Richmond right now

691

Active listings

729

New this week

$1,060,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Richmond.

Household and demographic stats for Richmond, from the Statistics Canada 2021 Census.

209,937
Population (2021): 43.6
Median age: 81,080
Households: 2.6
Avg household size: 71.3%
Home ownership: $79,000
Median household income

Richmond neighbourhood guide Full census profile Richmond market trends

Source: Statistics Canada 2021 Census, Richmond, City (CY).

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.