$2,790,000

8220 GILBERT ROAD, Richmond BC V7C 3W7

2 Beds 1.0 Bath 1,972 Sq Ft Built 1948

Detached

Listed by: Nu Stream Realty Inc..

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Description

Prestigious Sunnymede! Rare 15,067 sq. ft. lot (95.27’ x 158’) in one of Richmond’s most desirable neighborhoods. The property offers excellent development potential, with a current City application for 4 duplex homes of approximately 2,100 sq. ft. each. Other possibilities include acquiring the neighboring 8200 Gilbert Road for potential townhouse development, or subdividing the lot to build two approximately 3,500 sq. ft. homes, subject to City approval. Currently rented at $1,400/month on a month-to-month tenancy. No sign on property. Buyer to verify all development potential with the City of Richmond.

Location

Approximate location supplied by the listing data provider.

Property Details

Property Type	Detached
Sub Type	Single Family Residence
Bedrooms	2
Bathrooms	1.0
Living Area	1,972 sq ft
Lot Size	15,067 sq ft
Year Built	1948
Stories	2.0
Listing ID	R3159572

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8220 GILBERT ROAD, Richmond BC V7C 3W7
MLS® R3159572 · $2,790,000

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Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.

Monthly payments use Canadian fixed-rate, semi-annual compounding. The term is the contract length; amortization is the repayment period. Renewal rates may change.

Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.

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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.

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