$2,300,000

18840 RIVER RD ROAD

Richmond BC V6V 1M1 - East Richmond

About This Property

DEVELOPMENT PERMIT APPROVED - Discover endless possibilities on this 4.29-acre elevated parcel, raised 8–10 feet above neighbouring properties. Perfectly positioned across from the Fraser River, this rare offering is rich with potential. With plans already drawn for a large home, storefront, sizable barn, and lavender farm—offering a clear path forward…

Property Details

MLS NumberR3071468
Lot Size186,872.4 sqft
Days on Market275
StatusActive
Listed ByBabych Group Realty Vancouver Ltd.

School Catchment

Elementary McNeely
Secondary Cambie

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,300,000Median home value
$92,000Median household income
47.3%Owner-occupied
34.6%Single-detached homes
2.8Avg household size
43.6Median age
32.1%Bachelor's degree or higher (25-64)
71.9%Commute under 30 min
82.4%Drive to work
51%Foreign-born residents
4,467Neighbourhood population

Age

Under 15: 13.9%15 to 64: 67.1%65 and over: 19%
  • Under 1513.9%
  • 15 to 6467.1%
  • 65 and over19%

Household size

  • 1 person25.8%
  • 229.3%
  • 315.3%
  • 414.6%
  • 5 or more15%

Language spoken at home

43.2% English mother tongue

  • Cantonese10.6%
  • Punjabi8.2%
  • English + other7.1%
  • Tagalog6%
  • Mandarin5.6%
  • Spanish2.5%
  • All others16.8%

Mother tongue, share of 4,465 residents.

How this pocket differs

  • notably more 5+ person households than Richmond 15% vs 9.2%
  • notably fewer Mandarin speakers than Richmond 5.6% vs 21.1%
  • notably more Punjabi speakers than Richmond 8.2% vs 2.4%
  • notably fewer Cantonese speakers than Richmond 10.6% vs 21.5%
  • notably more Tagalog speakers than Richmond 6% vs 3.7%
  • Median dwelling value is higher than Metro Vancouver $1,300,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

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Estimated monthly cost $11,390
Mortgage payment$10,524
Property tax$636
Home insurance$230
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An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Aug 31

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