About 4771 Steveston Highway
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!
Features of 4771 Steveston Highway
| MLS® # | R3143284 |
|---|---|
| Price | $2,498,000 |
| Bedrooms | 11 |
| Bathrooms | 7.00 |
| Full Baths | 7 |
| Square Footage | 5,003 |
| Acres | 0.32 |
| Year Built | 1968 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
| Title To Land | Freehold NonStrata |
Community Information
| Address | 4771 Steveston Highway |
|---|---|
| Area | Richmond |
| Subdivision | Steveston North |
| City | Richmond |
| Province | BC |
| Postal Code | V7E 2K4 |
Amenities
| Parking Spaces | 10 |
|---|---|
| Parking | Detached, Tandem, Front Access |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Storage |
|---|---|
| Appliances | Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave |
| Heating | Forced Air, Natural Gas |
| Fireplace | Yes |
| # of Fireplaces | 3 |
| Fireplaces | Electric, Wood Burning |
| # of Stories | 2 |
| Stories | Two |
| Heating | Forced Air, Natural Gas |
Exterior
| Exterior Features | Garden, Balcony, Private Yard |
|---|---|
| Lot Description | Central Location |
| Construction | Frame Wood, Stucco, Wood Siding |
Additional Information
| Days on Website | 64 |
|---|---|
| Site influences | Central Location |
| Taxes | $10,116.15 |
| Area | 14,015.00 Sq. Ft. |
Listing Details
| Office | Rennie & Associates Realty Ltd. |
|---|