$4,500,000

7195 No. 4 Road

Richmond · MLS® R3091233

4 bed · 3 bath · 2,825 sq ft · 21,172 sq ft lot · 10 parking

House · Single Family · built 1986 · 234 days on market

Listed by Alan Deng, Pacific Evergreen Realty Ltd.

Realtor's description

Investor Alert! 1/2 acre rezoning house. Rezoning is in process. Located in an up-and-coming neighborhood with many new homes nearby, this property offers great potential for investment. Currently, the property features 4 spacious and bright bedrooms with an excellent layout, perfect for a multi-generational family. Situated in a prime location in East Vancouver, this home is close to major roads, parks, schools, and transit, yet remains a quiet and convenient place.

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 3
Living area: 2,825 sq ft
Lot: 21,172 sq ft
Parking: 10
Year built: 1986
Property tax: $16,552 / yr
Days on market: 234
MLS®: R3091233

Features

All
Central Vacuum

Price check

2026 assessment: $3,908,000 · asking is +15%
Price per sq ft: $1,593 vs $758 median for houses in Richmond for sale (600)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 234 days · no price changes so far

The market here

Listed now: 66 days; median for 626 houses for sale; this one 234 days

Houses in Richmond. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$3,908,000	$13,828

The listing shows $16,552 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.

Monthly cost

$20,985/mo

Mortgage $19,606 · Tax $1,379

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$19,606/ monthly

loan $3,600,000

25-year amortization

down payment20% · $900,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 10, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $2,281,821
property transfer tax: $143,000; BC general rate
cash to close: $1,043,000; down + PTT
total paid: $5,881,821

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

Lot outline: 1,977 m² (21,280 sq ft) · PID 002-052-644. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

RichmondGoogle Maps ↗

Location

RichmondGoogle Maps ↗

Schools

Catchment schools, Richmond School District 38

Elementary Henry Anderson Elementaryhomes in this catchment
600 m away · 9460 Alberta Rd, Richmond · 604-668-6355
Secondary A.R. MacNeill Secondaryhomes in this catchment
400 m away · 6611 No. 4 Rd, Richmond · 604-668-6212

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.

Good to know

Wildfire
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.

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