8271 No. 1 Rd, Richmond BC - Single Family Residence for Sale - MLS# R3168502

3 days on the market
$1,799,800
Est. Mortgage $7,962/mo
Listing updated:
EstateBlock checked:
4 Beds
1 Baths
1585 sqft
1136 $ /sqft
1956 built
NEW
3 days on the market
$1,799,800
Est. $7,962/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 8271 No. 1 Road

Perfect redevelopment opportunity in the highly desirable Seafair neighbourhood of West Richmond. Situated on a 66' x 110' lot with RSM/L zoning, the property offers excellent potential for a duplex, multiplex, or even townhouse development, subject to City approvals.The lot also features the increasingly rare benefit of backlane access, a significant advantage for future redevelopment. There may also be an opportunity for a land assembly with neighbouring properties, providing additional development potential for the right buyer.A rare opportunity to acquire a well-positioned redevelopment site in one of West Richmond’s most sought-after neighbourhoods.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Heating Type Baseboard
# of Kitchens 0
Foundation Concrete Perimeter, Preserved Wood

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $1,799,800
Total Bedrooms 4
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1585
Year Built 1956
Age Of Building 70
Building Type Single Family Residence
Property Type Residential
Stories 1
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Detached, Rear Access, Concrete
Total Parking Spaces 1

Lot & Land

Lot Size 7258
Lot Size Depth Feet
Lot Size Frontage 66
MLS® # R3168502
Area Richmond
Neighbourhood Seafair
City Richmond
Postal Code V7C 1V1
Gross Taxes $5,342.16
Zoning RSM/L

Property Timeline

Status Date Price
R3168502 / Active 09-22-2026 $1,799,800
Rooms
Floor Type Dimensions
Main Level Bedroom 10' x 10' ft
Main Level Primary Bedroom 10' x 10' ft
Main Level Bedroom 10' x 10' ft
Main Level Bedroom 10' x 10' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3

Listed by: Oakwyn Realty Ltd. & Oakwyn Realty Ltd. & Oakwyn Realty Ltd.

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
Hugh Boyd Secondary School
Average 0.84 km 6.8/10
Elementary
James Gilmore Elementary School
Above Average 0.49 km 7.4/10

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

Private Schools

Elementary
St Joseph the Worker
Above Average 1.37 km 8.2/10
Secondary
Maple Hill School
Average 3.8 km 5.6/10

Closest Transit

Bus Stop
Southbound No. 1 Rd @ Pacemore Ave
0.02 km
Skytrain
Skytrain @ Brighouse Stn
3.66 km

Crime Rate

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

Demographics

Post-Secondary Education
Average 31.9%
No Certificate/Degree
Below Average 12.3%
Owner Occupied
Below Average 49.6%
Employment Rate
Above Average 68.9%

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

38 / 100
Overall sell-speed score
May take longer
—
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 — 3.66 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 SEAFAIR compares
This property
3 DOM
Very fast
Seafair avg
44 DOM
Average
Richmond avg
44 DOM
Slower market

8271 No. 1 Road has a sell-speed score of 38/100, placing it in the "May take longer than the area average to sell" 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 7.5% and an area average of 44 days on market — buyers have more leverage. With only 651 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V7C 1V1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7C 1V1, 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 (~4.3 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

Groceries (6 nearby)

  • Sunshine farms · 248 m · Greengrocer
  • Safeway · 389 m · Supermarket
  • Red carrots farm market · 435 m · Greengrocer

Shopping (6 nearby)

  • Touch of class florist · 264 m · Florist
  • Shoppers drug mart · 452 m · Pharmacy
  • Seafair · 452 m · Post Office

Restaurants (6 nearby)

  • Takeya sushi · 417 m · Restaurant
  • Yummy slice pizza · 466 m · Fast Food
  • Shawarma 2 go grill · 483 m · Fast Food

Cafes (2 nearby)

  • Starbucks · 383 m · Cafe
  • Blenz coffee · 483 m · Cafe

Healthcare (1 nearby)

  • Shoppers drug mart · 452 m · Healthcare

Transit (1 nearby)

  • Bus stop northbound railway ave @ lancing rd · 982 m · Transit

Schools NearBy

24 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

James Gilmore Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.4 / 10

Distance

492 m

R M Grauer Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.1 / 10

Distance

533 m

Quilchena Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

705 m

Alfred B Dixon Elementary

Public

Grades Served

—

Catchment Info

—
7.4 / 10

Distance

774 m

Hugh Boyd Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.8 / 10

Distance

835 m

des Navigateurs

Public

Grades Served

—

Catchment Info

—
7.3 / 10

Distance

1.34 KM

St Joseph the Worker

Independent

Grades Served

—

Catchment Info

—
8.2 / 10

Distance

1.37 KM

Donald E McKay Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.9 / 10

Distance

1.38 KM

J.N. Burnett Secondary

Public

Grades Served

—

Catchment Info

—
8.0 / 10

Distance

1.61 KM

James Thompson Elementary

Public

Grades Served

—

Catchment Info

—
7.9 / 10

Distance

1.67 KM

Jessie Wowk Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.5 / 10

Distance

1.68 KM

John G Diefenbaker Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.2 / 10

Distance

1.75 KM

Archibald Blair Elementary

Public

Grades Served

—

Catchment Info

—
8.5 / 10

Distance

1.76 KM

Spul'u'kwuks Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.4 / 10

Distance

1.99 KM

Blundell Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

2.16 KM

James McKinney Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.2 / 10

Distance

2.17 KM

Mia Montessori Academy

Independent

Grades Served

—

Catchment Info

—
0

Distance

2.37 KM

Lord Byng Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.1 / 10

Distance

2.49 KM

Robert A. McMath Secondary

Public

Grades Served

—

Catchment Info

—
8.0 / 10

Distance

2.52 KM

Manoah Steves Elementary

Public

Grades Served

—

Catchment Info

—
7.4 / 10

Distance

2.58 KM

Samuel Brighouse Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

2.69 KM

W D Ferris Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

2.69 KM

Westwind Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.4 / 10

Distance

2.79 KM

Steveston-London Secondary School

Public

Grades Served

8-12

Catchment Info

—
8.1 / 10

Distance

2.81 KM

Pre-computed routes from 8271 No. 1 Rd, Richmond, BC

By transit (Skytrain)

  • Downtown Vancouver via Brighouse → Waterfront
    72 min
  • Metrotown, Burnaby via Brighouse → Metrotown
    90 min
  • SFU Burnaby via Brighouse → Production Way
    97 min
  • Richmond Centre
    47 min
  • YVR Airport via Brighouse → YVR-Airport
    60 min

By car (off-peak)

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

Calculate your commute

8271 No. 1 Rd, Richmond, BC is ideally located for commuters. The property is 3.7 km from Brighouse, with a 72 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound No. 1 Rd @ Pacemore Ave (0.02 km). Walk Score Transit rating: Some Transit (40/100).

Walkability & Transit Near 8271 No. 1 Road

Walk Score Badge
Car-Dependent 62

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 40

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
57

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 8271 No. 1 Road

/month
Principal & Interest
Property Taxes $445
Maintenance fee 0
Financing 80% of the $1,799,800 asking price over 30 years at 4% results in approximately $7,319/month in total estimated carrying costs, $445 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 $4,534/month in rental income, leaving a -$2,972/month cashflow at current carrying costs. Investors targeting break-even would need roughly 55% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 8271 No. 1 Road, 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 — Seafair, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $1,799,800
Richmond Loading...
Seafair 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.

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 $11,374
0 of 21 missions

Sign up on Estateblock.com

$569 / 5.00%

Buy with us & save on this property

Walkability & Transit Near 8271 No. 1 Road

Walk Score Badge
Car-Dependent 62

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 40

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
57

Bike Score - Bikeable

Some bike infrastructure

Similar Single Family Residences for Sale in Seafair

Recently Sold Homes Near 8271 No. 1 Road