FlatKey Realty Ltd. · Licensed B.C. real estate brokerage · Tom Majek Personal Real Estate Corporation, Managing Broker
$2,498,000

4751-4771 STEVESTON HIGHWAY, Richmond BC V7E 2K4

11 Beds 7.0 Bath 5,003 Sq Ft Built 1968
Multi Family
Listed by: Rennie & Associates Realty Ltd..
MLS® Reciprocity This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assume no responsibility for its accuracy.
Copyright © 2026 Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board and/or Greater Vancouver REALTORS®. All rights reserved.
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Description

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!

Location

Approximate location supplied by the listing data provider.

Property Details

Property Type Multi Family
Sub Type Quadruplex
Bedrooms 11
Bathrooms 7.0
Living Area 5,003 sq ft
Lot Size 14,015 sq ft
Year Built 1968
Stories 2.0
Listing ID R3143284

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This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assume no responsibility for its accuracy.

Copyright © 2026 Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board and/or Greater Vancouver REALTORS®. All rights reserved.

This website and its contents are not intended to solicit buyers or sellers currently under contract with another real estate brokerage.