4751-4771 STEVESTON HIGHWAY, Richmond BC V7E 2K4
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$2,498,000

4751-4771 STEVESTON HIGHWAY, Richmond BC V7E 2K4

11 bed7 bath5,003 sqftQuadruplex

About this home

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!

Price
$2,498,000
Type
Quadruplex
Bedrooms
11
Bathrooms
7
House size
5,003 sqft
Lot size
14,015 sqft
Year built
1968
Days on market
131 days
MLS®
R3143284
Brokerage
Rennie & Associates Realty Ltd.
Construction
Frame Wood, Stucco, Wood Siding
Heating
Forced Air, Natural Gas
Fireplace
Electric, Wood Burning
Parking
10 · Detached, Tandem, Front Access
Appliances included
Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Features
Storage
Property tax
$10,116/yr

Everyday life around this home

Catchment elementary
Diefenbaker Elementary
550 m away
Catchment secondary
Boyd Secondary
685 m away

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$2,498,000
4751-4771 STEVESTON HIGHWAY, Richmond BC V7E 2K4
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