1320 Lancaster Cres, Richmond BC - Single Family Residence for Sale - MLS# R3156428

2 days on the market
$1,098,000
Est. Mortgage $4,858/mo
Listing updated:
EstateBlock checked:
Burkeville
3 Beds
1 Baths
1386 sqft
792 $ /sqft
1944 built
NEW Below Assessment Value
2 days on the market
$1,098,000
Est. $4,858/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 1320 Lancaster Crescent

Below Assessment Value

DEVELOPMENT OPPORTUNITY in one of Greater Vancouver's safest, most tight-knit communities. 1320 Lancaster Cr, Richmond — Sea Island/Burkeville. 6,498 SF lot, 46' frontage. Zoned RSM/L, permitting UP TO 4 UNITS (fourplex) under Richmond's Small-Scale Multi-Unit Housing bylaw (Bill 44). Burkeville is a true time-capsule village of just 800 residents on a quiet, low-speed streets safe enough for kids to play street hockey, and one of the lowest crime rates in the Lower Mainland. A rare, family-friendly retreat inside the city, minutes to YVR and Vancouver via Arthur Laing Bridge. Buyer to confirm entitlement with City of Richmond Zoning. POWER OF ATTORNEY PRICE BELOW ASSESSMENT!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Heating Type Forced Air
# of Kitchens 2
Flooring Mixed
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $1,098,000
Total Bedrooms 3
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1386
Year Built 1944
Age Of Building 82
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Name Burkeville
Ownership Type Freehold NonStrata
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Additional Parking, RV Access/Parking, Front Access, Rear Access, Driveway
Total Parking Spaces 3

Lot & Land

Lot Size 6498.09
Lot Size Depth Feet
Lot Size Frontage 46
MLS® # R3156428
Area Richmond
Neighbourhood Sea Island
City Richmond
Postal Code V7B 1C5
Gross Taxes $4,200
Zoning RSM/L

Property Timeline

Status Date Price
R3156428 / Active 08-17-2026 $1,098,000
Rooms
Floor Type Dimensions
Main Level Living Room 0'00 x 0'00 ft
Main Level Kitchen 0'00 x 0'00 ft
Main Level Kitchen 0'00 x 0'00 ft
Main Level Laundry 0'00 x 0'00 ft
Main Level Bedroom 0'00 x 0'00 ft
Above Level Bedroom 0'00 x 0'00 ft
Above Level Bedroom 0'00 x 0'00 ft
Bathrooms
Floor Ensuite Pieces
Above Level No #4

Listed by: Real Broker

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Private Schools

Elementary
Pythagoras Academy
Above Average 1.46 km 8.4/10
Secondary
City Vancouver Academy
Average 1.51 km 4.3/10

Closest Transit

Bus Stop
Northbound Cessna Dr @ Hudson Ave
0.18 km
Skytrain
Skytrain @ Aberdeen Stn
0.75 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Average 27.7%
No Certificate/Degree
Average 13.9%
Owner Occupied
Average 67.3%
Employment Rate
Above Average 67.4%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Possible
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

48 / 100
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.75 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Possible — near airport
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How SEA ISLAND compares
This property
2 DOM
Very fast
Sea Island avg
42 DOM
Average
Richmond avg
42 DOM
Slower market

1320 Lancaster Crescent has a sell-speed score of 48/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. The local market is currently a Buyer's Market with a sales-to-active ratio of 10.7% and an area average of 42 days on market — buyers have more leverage. With only 653 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V7B 1C5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7B 1C5, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.1 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Vancouver International Airport #2, Richmond (~0.6 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Richmond currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.8 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Typical for region

Annual precipitation ~1117 mm (1981–2010 baseline), projected ~1159 mm by the 2050s. Extreme 1-day rainfall: ~39.9 mm baseline, ~44.4 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~25 days baseline, ~27 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Restaurants (37 nearby)

  • The deck kitchen + bar · 524 m · Restaurant
  • Lanxuan restaurant · 798 m · Restaurant
  • Red star seafood restaurant · 806 m · Restaurant

Shopping (17 nearby)

  • Mr rent a car · 601 m · Car Rental
  • Bmo · 768 m · Bank
  • Rbc · 770 m · Bank

Groceries (10 nearby)

  • Oui patisserie · 614 m · Bakery
  • Unique bakery · 795 m · Bakery
  • Little fox bakehouse · 835 m · Bakery

Cafes (7 nearby)

  • Car's dessert · 816 m · Cafe
  • Paragon tea room · 935 m · Cafe
  • Soytalk · 955 m · Cafe

Gyms (5 nearby)

  • Clearone badminton centre · 833 m · Gym
  • Top 147 snooker · 837 m · Gym
  • Q1 billiards · 852 m · Gym

Transit (3 nearby)

  • Skytrain @ aberdeen stn station · 751 m · Transit
  • Skytrain @ templeton stn station · 944 m · Transit
  • Bus stop eastbound sea island way @ no. 3 rd · 989 m · Transit

Healthcare (1 nearby)

  • Cap pharmacy · 854 m · Healthcare

Schools NearBy

17 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Station Stretch

Public

Grades Served

4, 8-12

Catchment Info

4.2 / 10

Distance

1.40 KM

Pythagoras Academy

Independent

Grades Served

K-7

Catchment Info

8.4 / 10

Distance

1.46 KM

City Vancouver Academy

Independent

Grades Served

10-12

Catchment Info

4.3 / 10

Distance

1.51 KM

St. Anthony of Padua

Independent

Grades Served

K-7

Catchment Info

9.4 / 10

Distance

1.92 KM

R. C. Talmey Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

1.95 KM

Tomsett Elementary School

Public

Grades Served

K-7

Catchment Info

7.5 / 10

Distance

2.21 KM

Vancouver Montessori School

Independent

Grades Served

K

Catchment Info

9.6 / 10

Distance

2.21 KM

Maple Hill School

Independent

Grades Served

Catchment Info

5.6 / 10

Distance

2.42 KM

Samuel Brighouse Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

2.45 KM

Virtuelle

Public

Grades Served

Catchment Info

0

Distance

2.52 KM

David Lloyd George Elementary School

Public

Grades Served

K-7

Catchment Info

6.5 / 10

Distance

2.56 KM

Robert J. Tait Elementary School

Public

Grades Served

K-7

Catchment Info

7.7 / 10

Distance

2.58 KM

William Cook Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

2.78 KM

Continuing Ed SD 38

Public

Grades Served

Catchment Info

2.6 / 10

Distance

2.80 KM

Royal Canadian College

Independent

Grades Served

9-12

Catchment Info

5.6 / 10

Distance

2.88 KM

Archibald Blair Elementary

Public

Grades Served

Catchment Info

8.5 / 10

Distance

2.95 KM

Richmond Secondary

Public

Grades Served

Catchment Info

8.1 / 10

Distance

2.98 KM

Pre-computed routes from 1320 Lancaster Cres, Richmond, BC

By transit (Skytrain)

  • Downtown Vancouver via Aberdeen → Waterfront
    33 min
  • Metrotown, Burnaby via Aberdeen → Metrotown
    51 min
  • SFU Burnaby via Aberdeen → Production Way
    58 min
  • Richmond Centre via Aberdeen → Brighouse
    16 min
  • YVR Airport via Aberdeen → YVR-Airport
    21 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    13 min
  • Metrotown, Burnaby via Lougheed Hwy
    13 min
  • SFU Burnaby via Gaglardi Way
    22 min
  • Richmond Centre via No. 3 Rd
    3 min
  • YVR Airport via Bridgeport / Sea Island
    3 min

Calculate your commute

1320 Lancaster Cres, Richmond, BC is ideally located for commuters. The property is 0.8 km from Aberdeen, with a 33 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Cessna Dr @ Hudson Ave (0.18 km). Walk Score Transit rating: Good Transit (65/100).

Walkability & Transit Near 1320 Lancaster Crescent

Walk Score Badge
Car-Dependent 35

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 65

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
77

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 1320 Lancaster Crescent

/month
Principal & Interest
Property Taxes $350
Maintenance fee 0
Financing 80% of the $1,098,000 asking price over 30 years at 4% results in approximately $4,544/month in total estimated carrying costs, $350 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $4,331/month in rental income, leaving a -$353/month cashflow at current carrying costs. Investors targeting break-even would need roughly 27% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1320 Lancaster Crescent, Richmond

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Sea Island, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $1,098,000
Richmond Loading...
Sea Island Loading...

No active comparable properties are currently available for this property type in Richmond. The price evaluation chart will update as similar listings enter the market. This property is flagged as a Hot Deal (Below Assessment Value) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 1320 Lancaster Crescent

Walk Score Badge
Car-Dependent 35

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 65

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
77

Bike Score - Very Bikeable

Biking is convenient for most trips

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