Situated on a 50’ lot with a sunny south-facing backyard, this beautifully renovated bungalow offers exceptional versatility—perfect for investors, developers, or homeowners looking for additional income from the legal basement suite.
The main floor boasts a bright and open layout featuring two bedrooms with built-in storage, a stylish 4-piece bathroom, and a spacious living and dining area accented by a feature wall. The modern kitchen is designed for both style and functionality, offering ample storage, sleek finishes, and stainless steel appliances. Recessed lighting and new millwork add to the home’s contemporary appeal.
The legal basement suite provides a large bedroom, 4-piece bath, private laundry, and a fully equipped kitchen—ideal for rental income or multi-generational living. A separate storage room and laundry area are reserved for the main floor unit.
Outside, the fully fenced backyard features garden beds and a patio, while the single detached garage and long driveway provide ample off-street parking.
This property has strong rental potential with estimated income of $2,500/month upstairs and $1,600/month downstairs. Its elevated lot offers potential for stunning city views from a future new build, with the possibility of a reverse walkout design. Currently zoned for a duplex or single-family home, this is an excellent holding property with quick access to 17th Ave SW, downtown, and all essential amenities.
Don’t miss out on this prime inner-city opportunity—whether you're looking to live, invest, or develop!
Data was last updated March 27, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
40
Avg list price:
$899,900
Min list price:
$225,000
Max list price:
$1,649,999
Avg days on market:
25
Min days on market:
2
Max days on market:
188
Avg price per sq.ft.:
$535.57
These statistics are generated based on the current listing's property type
and located in
Richmond. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.