Great investment opportunity in Richmond's desirable Saunders neighbourhood! RSM/L zoning, this property offers the potential to build 4-6 dwelling units. Nestled on a quiet inner street, this corner-lot home (6,733 sqft lot) features 5 bedrooms, 3 bathrooms, and a den, perfect for living in while generating steady rental income, or for building your dream home. The bright upper floor offers a spacious living area, kitchen, dining room and 3 large bedrooms, with access to a private deck. The lower level includes a generous size living room, 2 bedrooms, a den and a full bathroom, ideal as a rental suite. Conveniently located within walking distance of public transit and just a 5-min drive to Richmond Centre and the Skytrain. Ideal as a holding property or for future development.
Address
8391 Rideau Drive
List Price
$1,849,900
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
sale
Area
Richmond
Sub-Area
Saunders
Bedrooms
5
Bathrooms
3
Floor Area
2,318 Sq. Ft.
Main Floor Area
1285
Lot Size
6733 Sq. Ft.
Lot Size Dimensions
0 x
Lot Size (Acres)
0.15 Ac.
Lot Features
Central Location, Private, Recreation Nearby
Lot Size Units
Square Feet
Total Building Area
2318
Year Built
1975
MLS® Number
R3038965
Listing Brokerage
Sutton Group - Vancouver First Realty
Basement Area
None
Postal Code
V7A 4M6
Zoning
RSM/L
Ownership
Freehold NonStrata
Parking
Garage Double, Front Access
Parking Places (Total)
4
Tax Amount
$5,523.12
Tax Year
2024
Site Influences
Balcony, Central Location, Private, Private Yard, Recreation Nearby, Shopping Nearby
Community Features
Shopping Nearby
Exterior Features
Balcony, Private Yard
Appliances
Washer, Dryer, Refrigerator, Stove
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air, Natural Gas
Fireplace
Yes
Fireplace Features
Wood Burning
Number of Fireplaces
2
Garage
Yes
Garage Spaces
2
Levels
Two
Number Of Floors In Property
2
Window Features
Window Coverings
