Richmond · MLS® R3104143
11910
5,254 sq ft · 11,981 sq ft lot · House · Single Family · built 2019 · 216 days on market
listed by John Tang, Royal Pacific Realty Corp.
Exceptional high-income property with multiple self-contained rental units, offering strong cash flow and outstanding investment potential. Custom-built home on a nearly 12,000 sq. ft. lot in prime East Cambie, with easy access to nearby cities, shopping, schools, and transit. Offering nearly 6,000 sq. ft. of total functional space, the home features 11 bedrooms and 9 bathrooms, ideal for both comfortable living and maximum rental flexibility for long-term tenants or short-term rentals. Includes high-end appliances, three full kitchens plus a wok kitchen, A/C, central vacuum, and an cameras security system for complete peace of mind. 43' x 8' covered deck and large 17' x 27' covered backyard storage provide excellent outdoor living. Perfect for investors or homeowners seeking strong income
20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing.
Costs: mortgage $11,394 · tax $911 · insurance ~$175 · vacancy 3% · upkeep 5%.
Suite rent is today's market rent for a 1-bedroom in Richmond: CMHC's average there ($1,676) raised by what new tenants pay against everyone in the Vancouver area, then down 1.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Catchment schools, Richmond School District 38
600 m away · 12440 Woodhead Rd, Richmond · 604-668-6250
800 m away · 4151 Jacombs Rd, Richmond · 604-668-6430
From the Richmond School District 38's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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| year | assessed | est. tax |
|---|---|---|
| 2026 | $3,151,000 | $11,149 |
The listing shows $10,937 a year in property tax.
Estimate: the BC Assessment value times Richmond's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.
Houses in Richmond. Sale prices register 1 to 3 months after a sale closes.
lot outline: 1,113 m² (11,980 sq ft) · PID 010-587-705. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.
Walkability 82/100 · Very walkable: most errands on foot
Within a 10 minute walk: 14 places to eat or drink, 2 cafes, 16 parks and playgrounds, 5 schools, 2 pharmacies, 8 transit stops.
mihom score from OpenStreetMap places, by straight line distance.
The BC Wildfire Service rates Vancouver's wildland urban interface as risk class 5 of 5 (lowest; 1 is the highest). One wildfire of 10 hectares or more burned within 5 km since 2006: 2018 (13 ha). Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.
Source: BC Wildfire Service, WUI risk class and fire perimeters
From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.