Multi-family
8011 LUCAS ROAD
Richmond, BC
MLS® C8080038 · 71 days on market
$7,500,000
1.2 acres
1,357 sqft
Description
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 (MLS #R3141447) (id:63159)
Property Details
Property & Lot
- Year built
- 1957
- Lot size
- 1.2 acres
Building & Utilities
- Sewer
- Storm sewer
- Utilities
- Water, Sewer, Natural Gas, Electricity, Cable, Telephone
- Annual property tax
- $38,554.7 (2026)
- Brokerage
- Macdonald Realty Westmar
Location Insights
Population
209,937
(2021 Census)
+5.9% since 2016
- Density
- 1,629.1/km²
- Dwellings
- 85,035
- Median household income
- $79,000
- After-tax
- $71,000
- Immigrant population
- 60.3%
Top countries of origin
- China22.1% · 46,490
- Hong Kong11.6% · 24,340
- Philippines6.5% · 13,570
- Taiwan3.7% · 7,745
- India2.6% · 5,380
- United Kingdom1.1% · 2,210
- United States of America0.8% · 1,600
- Viet Nam0.7% · 1,510
Source: Statistics Canada, 2021 Census of Population.
Weather
20°C
Mostly Cloudy
Humidity 82%
Wind WSW 9 km/h
Today
20°
Tonight
14°
Thursday
20°
Thursday night
13°
Friday
18°
Friday night
14°
Source: Environment and Climate Change Canada.
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