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$2,199,999

7251 7271 LOMBARD ROAD

Richmond · MLS® R3114664

10 bed · 8 bath · 4,788 sq ft · 10,000 sq ft lot · 6 parking

House · Multi-family · built 1975 · 169 days on market

Listed by Gurdial S. (Dale) Badh, RE/MAX Real Estate Services

Realtor's description

First time on the market since 1999, this rare duplex offers exceptional flexibility for both families and investors. Situated on a generous 10,000 square ft lot, this 4,788 square ft property features a total of 10 bedrooms and 8 bathrooms. Each side offers 3 bedrooms and 2 bathrooms upstairs, along with a legal 2-bedroom suite below-ideal for multi-generational living or generating strong rental income. Live comfortably in one side (or just the upper level) while renting out the remaining units. Located in a quiet, family-friendly neighbourhood with future subdivision potential, just minutes to Richmond Centre, Steveston Village, top-rated schools, parks, and YVR. A unique opportunity to own a versatile property with built-in income in one of Richmond´s most desirable areas.

Property details

Type: House, Multi-family
Bedrooms: 10
Bathrooms: 8
Living area: 4,788 sq ft
Lot: 10,000 sq ft
Parking: 6
Year built: 1975
Property tax: $7,148 / yr
Days on market: 169
MLS®: R3114664

Features

Central location
Cul-de-sac

Price check

Price per sq ft: $459 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 169 days

The market here

Listed now: 65 days; median for 618 houses for sale; this one 169 days

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

Monthly cost

$10,181/mo

Mortgage $9,585 · Tax $596

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

estimated payment

$9,585/ monthly

loan $1,759,999

25-year amortization

down payment20% · $440,00020%+ 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: $1,115,556
property transfer tax: $44,000; BC general rate
cash to close: $484,000; down + PTT
total paid: $2,875,555

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: 928 m² (9,989 sq ft) · PID 003-649-083. 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 Donald E McKay Elementaryhomes in this catchment
200 m away · 7360 Lombard Rd, Richmond · 604-668-6470
Secondary J.N. Burnett Secondaryhomes in this catchment
500 m away · 5011 Granville Ave, Richmond · 604-668-6478

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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