PRIME INVESTMENT & DEVELOPMENT OPPORTUNITY! Exceptional 75’ x 150’ (11,248 SF) property on Richmond’s Railway Avenue arterial corridor, offering excellent rental income and multifamily redevelopment potential under existing City policies. An ideal holding property with strong rental income potential while exploring future development opportunities. Consider townhouse, multiplex or purpose-built rental development options. Qualifying multifamily rental projects may be eligible for up to 90%+ CMHC financing under MLI Select. Outstanding family location near highly ranked Jessie Wowk Elementary (9.2/10), Richmond Christian School and Steveston-London Secondary. An exceptional opportunity to generate rental income while planning future development!
Data was last updated November 13, 2026 at 06:40 PM (UTC)
Area Statistics
Listings on market:
28
Avg list price:
$2,209,000
Min list price:
$1,188,000
Max list price:
$4,988,000
Avg days on market:
48
Min days on market:
4
Max days on market:
554
Avg price per sq.ft.:
$869.96
These statistics are generated based on the current listing's property type
and located in
Lackner. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.