Outstanding Redevelopment Potential - Situated on a level 7,969 Sq. Ft lot with RSM/L zoning, this spacious basement-entry home offers exceptional redevelopment opportunities. Recent changes to density regulations now allow for up to four dwelling units on the property, making it an ideal candidate for multi-family development. The existing home features a functional 3-bedroom layout upstairs and a 1-bedroom suite below, providing immediate rental income potential. While the interior needs TLC, the home is entirely livable, offering a great holding property as you plan your next steps in this high-demand area.
Address
11820 King Road
List Price
$1,650,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Area
Richmond
Sub-Area
Ironwood
Bedrooms
5
Bathrooms
3
Half Bathrooms
1
Floor Area
2,415 Sq. Ft.
Main Floor Area
1305
Lot Size
7969 Sq. Ft.
Lot Size Dimensions
60 x 132.87
Lot Size (Acres)
0.18 Ac.
Lot Features
Central Location, Recreation Nearby
Lot Size Units
Square Feet
Total Building Area
2415
Frontage Length
60
Year Built
1973
MLS® Number
R3000579
Listing Brokerage
RE/MAX Westcoast
| Johnston Meier Insurance Agencies & Realty Ltd.
Basement Area
None
Postal Code
V7A 3B6
Zoning
RS1/E
Ownership
Freehold NonStrata
Parking
Garage Double, Front Access
Parking Places (Total)
4
Tax Amount
$5,085.87
Tax Year
2024
Site Influences
Balcony, Central Location, Recreation Nearby, Shopping Nearby
Community Features
Shopping Nearby
Exterior Features
Balcony
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air, Natural Gas
Fireplace
Yes
Fireplace Features
Gas
Number of Fireplaces
2
Garage
Yes
Garage Spaces
2
Laundry Features
In Unit
Levels
Two
Number Of Floors In Property
2
Window Features
Window Coverings