8011 LUCAS ROAD, Richmond, British Columbia, V6Y 1G2

MLS® # C8075146

Investment For Sale In Richmond, British Columbia

$8,900,000

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8011 LUCAS ROAD, Richmond, British Columbia, V6Y 1G2

$8,900,000

Property Information:

Prime Investment Opportunity in Broadmoor. A rare chance to acquire 52,444 sq. ft. of holding property in one of Richmond's most sought-after locations. This asset includes five well-maintained duplexes with 10 suites. Strategically positioned just east of No. 3 Road, Laddy Court offers convenient access to Richmond Centre, the Canada Line, schools, and key amenities. This property presents strong potential for future redevelopment or long-term capital appreciation. Listed below assessed value and sold as-is, where-is, this is an outstanding opportunity for investors seeking high-growth potential in a central, high-demand area. Can be purchased with adjoining 8340 No. 3 Road if desired (listing number R3079664). (id:27)

Building Features:

Floor Space: 1357 sqft

Property Features:

Property Type: Multi-family
Built in: 1957
Communication Type: Internet Access
Floor Space (approx): 1357 Square Feet
Irregular: Yes
Lot Size: 52444.00 Square Feet
Utility Type: Sewer - At Lot Line, Telephone - At Lot Line, Hydro - At Lot Line, Natural Gas - At Lot Line, Water - At Lot Line, Cable - At Lot Line
Zoning: ZD6
Sewer: Storm sewer

Courtesy of: Macdonald Realty Westmar, RE/MAX Westcoast

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Market Price Trends

Single family detached

-0.39%

Price change (1 year)

39.86%

Price change (5 years)

All Properties

2.06%

Price change (1 year)

32.33%

Price change (5 years)

Location of 8011 LUCAS ROAD, Richmond, British Columbia, V6Y 1G2

Lifestyle
Neighbourhood

Demographic Information of 8011 LUCAS ROAD, Richmond, British Columbia, V6Y 1G2

Life Stage

Older Families

Employment Type

Service Sector/White Collar

Average Household Income

$105,909.41

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.38 %

High school certificate or equivalent

28.8 %

Apprenticeship trade certificate/diploma

3.83 %

College/non-university certificate

11.15 %

University certificate (below bachelor)

1.26 %

University Degree

41.59 %

Commuter

Travel To Work

By Car

81.2 %

By Public Transit

11.47 %

By Walking

3.36 %

By Bicycle

0.0 %

By Other Methods

3.97 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

15.37 %

Houses

84.63 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Single family detached

All Properties

Location of 8011 LUCAS ROAD, Richmond, British Columbia, V6Y 1G2

Demographic Information of 8011 LUCAS ROAD, Richmond, British Columbia, V6Y 1G2

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

8011 LUCAS ROAD, Richmond, British Columbia, V6Y 1G2

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing