Rare income property opportunity in the heart of Steveston! Situated on over 14,000 square 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! (id:44056)

Property Details

Full Address:
4751 - 4771 STEVESTON HIGHWAY, Richmond, British Columbia
Price:
$ 2,888,000
MLS Number:
R3091654
List Date:
February 19th, 2026
Lot Size:
14015 sq.ft.
Year Built:
1968
Taxes:
$ 10,116
Listing Tax Year:
2025

Interior Features

Bedrooms:
11
Bathrooms:
7
Appliances:
All, Dishwasher, Washer & Dryer
Interior Features:
Laundry - In Suite

Building Features

Garage Spaces:
10
Ownership Type:
Freehold
Taxes:
$ 10,116

Floors

Finished Area:
5149 sq.ft.

Land

Lot Size:
14015 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Nicholas Narciso
Rennie & Associates Realty Ltd.

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