7320 Armstrong St, Richmond BC - Land for Sale - MLS# R3159513

10 days on the market
$1,098,000
Est. Mortgage $4,858/mo
Listing updated:
EstateBlock checked:
Mclennan South
0 sqft
15.4% cheaper than comps
10 days on the market
$1,098,000
Est. $4,858/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 7320 Armstrong Street

15.4% cheaper than comps

Fully Serviced Building Lot in Central Richmond close to Garden City Park. Excellent opportunity for building your dream home or for builders. Can build single family home or a multiplex. All services at the property line and paid for by the developer. Earthwork done and ready to start building.

Exterior Features

Structures Land Only

Building Details

Price $1,098,000
Property Type Land
Building Name Mclennan South
Ownership Type Freehold NonStrata
Community Features Near Shopping
Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Natural Gas Connected, Cable At Lot Line, Cable Connected
Water (WaterSource) Public

Lot & Land

Lot Size 4370
Lot Size Depth Feet
Lot Size Frontage 37.8
MLS® # R3159513
Area Richmond
Neighbourhood McLennan North
City Richmond
Postal Code V6Y 0J1
Gross Taxes $4,650.07
Zoning RSM/S

Property Timeline

Status Date Price
R3159513 / Active 08-27-2026 $1,098,000
to view full Property History (2 earlier records)

Listed by: RE/MAX Westcoast

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

Public Schools

Secondary
R C Palmer Secondary School
Above Average 1.05 km 7.6/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St.Paul School
Above Average 1.21 km 8.4/10
Secondary
Maple Hill School
Average 1.45 km 5.6/10

Closest Transit

Bus Stop
Southbound No. 4 Rd @ 7500 Block
0.31 km
Skytrain
Skytrain @ Brighouse Stn
1.59 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 39.3%
No Certificate/Degree
Below Average 11.7%
Owner Occupied
Average 68.5%
Employment Rate
Above Average 68.8%

Noise/ Power Lines

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

Other

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

Sell Speed & Competition

57 / 100
Overall sell-speed score
Moderate pace expected
A
Price competition grade
Avg comparable: $1,267,092
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.59 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How MCLENNAN NORTH compares
This property
10 DOM
Very fast
McLennan North avg
42 DOM
Average
Richmond avg
42 DOM
Slower market

7320 Armstrong Street has a sell-speed score of 57/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 15.4% below comparable active properties in McLennan North, which is a strong competitive signal. 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 V6Y 0J1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6Y 0J1, 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 4.3 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Richmond South, Richmond (~2.2 km). Annual avg AQHI 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

Shopping (15 nearby)

  • Dany vision · 664 m · Optician
  • Phoenix totem cleaners · 674 m · Laundry
  • Blundell hair salon · 708 m · Hairdresser

Restaurants (14 nearby)

  • Texas chicken · 652 m · Fast Food
  • Subway · 660 m · Fast Food
  • Uncle sal's shawarma · 696 m · Restaurant

Cafes (5 nearby)

  • Blenz coffee · 696 m · Cafe
  • Bubble waffle cafe · 741 m · Cafe
  • Chatime · 763 m · Cafe

Groceries (4 nearby)

  • Garden city bakery · 669 m · Bakery
  • Save-on-foods · 703 m · Supermarket
  • Lennox liquor store · 743 m · Beverages

Healthcare (2 nearby)

  • Shoppers drug mart · 729 m · Healthcare
  • Healthcare pharmacy · 770 m · Healthcare

Gyms (1 nearby)

  • Tmd martial arts · 750 m · Gym

Transit (1 nearby)

  • Bus stop northbound garden city rd @ dayton ave · 999 m · Transit

Schools NearBy

34 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Henry Anderson Elementary School

Public

Grades Served

K-7

Catchment Info

7.8 / 10

Distance

551 m

A.R. MacNeill Secondary School

Public

Grades Served

8-12

Catchment Info

6.9 / 10

Distance

571 m

William Cook Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

976 m

Garden City Elementary School

Public

Grades Served

K-7

Catchment Info

8.3 / 10

Distance

1.01 KM

Howard De Beck Elementary

Public

Grades Served

Catchment Info

7.7 / 10

Distance

1.02 KM

R C Palmer Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
7.6 / 10

Distance

1.05 KM

General Currie Elementary School

Public

Grades Served

K-7

Catchment Info

6.5 / 10

Distance

1.12 KM

St.Paul School

Independent

Grades Served

K-7

Catchment Info

8.4 / 10

Distance

1.21 KM

Virtuelle

Public

Grades Served

Catchment Info

0

Distance

1.36 KM

Maple Hill School

Independent

Grades Served

Catchment Info

5.6 / 10

Distance

1.45 KM

Continuing Ed SD 38

Public

Grades Served

Catchment Info

2.6 / 10

Distance

1.60 KM

Walter Lee Elementary School

Public

Grades Served

K-7

Catchment Info

6.9 / 10

Distance

1.67 KM

Richmond Secondary

Public

Grades Served

Catchment Info

8.1 / 10

Distance

1.75 KM

Matthew McNair Secondary School

Public

Grades Served

8-12

Catchment Info

6.3 / 10

Distance

1.95 KM

Cornerstone Christian Academy

Independent

Grades Served

K-7

Catchment Info

9.5 / 10

Distance

2.02 KM

W D Ferris Elementary School

Public

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

2.03 KM

Az-Zahraa Islamic Academy

Independent

Grades Served

K-7

Catchment Info

7.1 / 10

Distance

2.23 KM

James Whiteside Elementary School

Public

Grades Served

K-7

Catchment Info

7.2 / 10

Distance

2.23 KM

Hugh McRoberts Secondary School

Public

Grades Served

8-12

Catchment Info

8.0 / 10

Distance

2.27 KM

Kingswood Elementary School

Public

Grades Served

K-7

Catchment Info

6.1 / 10

Distance

2.28 KM

BC Muslim School

Independent

Grades Served

Catchment Info

6.5 / 10

Distance

2.30 KM

Richmond Jewish Day School

Independent

Grades Served

K-7

Catchment Info

0

Distance

2.34 KM

Station Stretch

Public

Grades Served

4, 8-12

Catchment Info

4.2 / 10

Distance

2.39 KM

Samuel Brighouse Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

2.47 KM

Tomsett Elementary School

Public

Grades Served

K-7

Catchment Info

7.5 / 10

Distance

2.47 KM

Pythagoras Academy

Independent

Grades Served

K-7

Catchment Info

8.4 / 10

Distance

2.52 KM

Blundell Elementary School

Public

Grades Served

K-7

Catchment Info

6.9 / 10

Distance

2.53 KM

Errington Learning Centre

Public

Grades Served

Catchment Info

8.3 / 10

Distance

2.56 KM

John T Errington Elementary School

Public

Grades Served

K-7

Catchment Info

8.3 / 10

Distance

2.60 KM

City Vancouver Academy

Independent

Grades Served

10-12

Catchment Info

4.3 / 10

Distance

2.66 KM

William Bridge Elementary School

Public

Grades Served

K-7

Catchment Info

8.1 / 10

Distance

2.78 KM

Daniel Woodward Elementary School

Public

Grades Served

K-7

Catchment Info

6.9 / 10

Distance

2.85 KM

Thomas Kidd Elementary School

Public

Grades Served

K-7

Catchment Info

6.7 / 10

Distance

2.89 KM

Maple Lane Elementary School

Public

Grades Served

K-7

Catchment Info

8.1 / 10

Distance

2.99 KM

Pre-computed routes from 7320 Armstrong St, Richmond, BC

By transit (Skytrain)

  • Downtown Vancouver via Brighouse → Waterfront
    47 min
  • Metrotown, Burnaby via Brighouse → Metrotown
    65 min
  • SFU Burnaby via Brighouse → Production Way
    72 min
  • Richmond Centre
    22 min
  • YVR Airport via Brighouse → YVR-Airport
    35 min

By car (off-peak)

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

Calculate your commute

7320 Armstrong St, Richmond, BC is ideally located for commuters. The property is 1.6 km from Brighouse, with a 47 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound No. 4 Rd @ 7500 Block (0.31 km). Walk Score Transit rating: Some Transit (45/100).

Walkability & Transit Near 7320 Armstrong Street

Walk Score Badge
Car-Dependent 64

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 45

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
66

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 7320 Armstrong Street

/month
Principal & Interest
Property Taxes $388
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $4,582/month in total housing costs on this $1,098,000 property — $4,194 mortgage payment, $388 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
Based on $3,191/month estimated rent and $4,722/month in total housing costs, this property has a -$1,531/month cashflow. Break-even down payment: approximately 50%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 7320 Armstrong Street, 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 — McLennan North, Richmond

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

Based on 2 comparable active properties in McLennan North, the average asking price is $1,298,000. This listing is priced 15.4% below the neighbourhood average. This property is flagged as a Hot Deal (15.4% cheaper than comparables) 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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $7,339
0 of 21 missions

Sign up on Estateblock.com

$367 / 5.00%

Buy with us & save on this property

Walkability & Transit Near 7320 Armstrong Street

Walk Score Badge
Car-Dependent 64

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 45

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
66

Bike Score - Bikeable

Some bike infrastructure

Similar Land for Sale in Richmond