Welcome to 10111 No. 5 Road (To be purchased with 10113 No. 5 Road) - The perfect investment/redevelopment opportunity in the growing Ironwood neighbourhood. Two strata titled duplexes with 4 rental units in total. Stable tenancies with a combined $3,400 monthly income. 14,994 Sq. Ft. lot with a frontage of 104 FT and a depth of 150 FT. Extra wide lane access off Williams to create an attractive redevelopment project aligned with City of Richmond guidelines. The property is designated in Richmond Arterial Road Policy for "Compact Lot Duplex", which allows you to sub-divide the property into three separate parcels with front and back duplexes creating six strata units. The properties are also identified for "Rowhouse" consideration. Please confirm with City of Richmond.
Address
10111 NO. 5 ROAD
List Price
$1,688,000
Property Type
Residential Attached
Type of Dwelling
1/2 Duplex
Style of Home
2 Storey
Area
Richmond
Sub-Area
Ironwood
Bedrooms
3
Bathrooms
2
Floor Area
1,808 Sq. Ft.
Lot Size
14994 Sq. Ft.
Year Built
1973
MLS® Number
R2686898
Listing Brokerage
RE/MAX Westcoast
Basement Area
None
Postal Code
V7A 4E4
Zoning
RS1/E
Tax Amount
$2,844
Tax Year
2021
Site Influences
Central Location, Golf Course Nearby, Lane Access, Marina Nearby, Recreation Nearby, Shopping Nearby