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$1,789,000

7231 LUCAS ROAD

Richmond · MLS® R3140426

3 bed · 2 bath · 1,571 sq ft · 6,027 sq ft lot · 4 parking

House · Single Family · built 1985 · 105 days on market

Listed by Judy Dou, Luxmore Realty

Realtor's description

INVESTORS ALERT! Perfect Square Lot, NO big trees on Lot. Nestled in the prestigious Broadmoor neighbourhood, this well-maintained family home sits on a desirable 6,000 sqft lot with excellent street appeal. Offering 3 bedrooms, 2 bathrooms, and a bright, spacious layout, it's perfect for families, investors, or builders. Whether you're looking to move in, hold as an investment, or build your dream home, this property offers exceptional potential. Conveniently located within the sought-after Richmond Secondary and Ferris Elementary school catchments, and just minutes to Richmond Centre, Canada Line, transit, parks, shopping, and all amenities.

Property details

Type: House, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,571 sq ft
Lot: 6,027 sq ft
Parking: 4
Year built: 1985
Property tax: $6,213 / yr
Days on market: 105
MLS®: R3140426

Features

Price check

2026 assessment: $1,781,500 · asking is +0.4%
Price per sq ft: $1,139 vs $756 median for houses in Richmond for sale (593)

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 105 days · no price changes so far

The market here

Listed now: 65 days; median for 621 houses for sale; this one 105 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,781,500	$6,304

The listing shows $6,213 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

$8,312/mo

Mortgage $7,795 · Tax $518

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

estimated payment

$7,795/ monthly

loan $1,431,200

25-year amortization

down payment20% · $357,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $907,150
property transfer tax: $33,780; BC general rate
cash to close: $391,580; down + PTT
total paid: $2,338,350

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: 560 m² (6,028 sq ft) · PID 000-586-692. 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 W D Ferris Elementaryhomes in this catchment
200 m away · 7520 Sunnymede Cres, Richmond · 604-668-6538
Secondary Richmond Secondaryhomes in this catchment
1.0 km away · 7171 Minoru Blvd, Richmond · 604-668-6400

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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