LOT 31 Westminster Hwy, Richmond BC - Land for Sale - MLS# R3165304

4 days on the market
$199,800
Est. Mortgage $884/mo
Listing updated:
EstateBlock checked:
0 sqft
NEW 57.2% cheaper than comps
4 days on the market
$199,800
Est. $884/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for LOT 31 Westminster Highway

57.2% cheaper than comps

Excellent holding property in sought-after McLennan area of Richmond. Approx. lot size 38.68m wide x 90.52m long (3501 square meters /0.87 acres) Zoned AG-1 Agricultural. Currently mature blueberry bushes. Ideal properties for your Hobby Farm for Blueberries or Vegetable and Fruit. Soil-based farming only. No buildings/structures permitted. No services available. Virtual tour available. Lots 30 & 31 to be sold together.

Exterior Features

Structures Land Only

Building Details

Price $199,800
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer Not Available, Storm Sewer Not Available, Electricity Not Available, Natural Gas Not Available, Phone Not Available, Cable Not Available
Water (WaterSource) None

Lot & Land

Lot Size 37686.76
Lot Size Depth Feet
MLS® # R3165304
Area Richmond
Neighbourhood East Richmond
City Richmond
Postal Code V0V 0V0
Gross Taxes $1,025.18
Zoning AG1

Property Timeline

Status Date Price
R3165304 / Active 09-14-2026 $199,800
to view full Property History (3 earlier records)

Listed by: RE/MAX Westcoast & 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

Elementary
Kingswood Elementary School
Average 7.54 km 6.1/10
Secondary
Matthew McNair Secondary School
Average 8.92 km 6.3/10

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

Private Schools

Elementary,Secondary
Choice School For Gifted Children
Above Average 0.49 km 10/10
Elementary,Secondary
Choice School For Gifted Children
Above Average 0.49 km 10/10

Closest Transit

Bus Stop
Eastbound Westminster Hwy @ McMillan Way
0.43 km
Skytrain
Skytrain @ 22Nd St Stn
5.12 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 24.9%
No Certificate/Degree
Above Average 15.5%
Owner Occupied
Below Average 51.2%
Employment Rate
Above Average 67.2%

Noise/ Power Lines

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

Other

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

Sell Speed & Competition

62 / 100
Overall sell-speed score
Moderate pace expected
A+
Price competition grade
Avg comparable: $314,086
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 5.12 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
Yes — in ALR
How EAST RICHMOND compares
This property
4 DOM
Very fast
East Richmond avg
44 DOM
Average
Richmond avg
44 DOM
Slower market

LOT 31 Westminster Highway has a sell-speed score of 62/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 57.2% below comparable active properties in East Richmond, which is a strong competitive signal. 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 may take several weeks to attract serious offers.

Climate Risk for V0V 0V0

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V0V 0V0, 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 4.4 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Burnaby South, Burnaby (~5.5 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 (1 nearby)

  • Happy break cafe · 664 m · Restaurant

Transit (1 nearby)

  • Bus stop northbound fraserwood place @ gordon way · 971 m · Transit

Schools NearBy

3 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Choice School For Gifted Children

Independent

Grades Served

Catchment Info

10.0 / 10

Distance

490 m

Fraser Park Secondary School Program

Public

Grades Served

Catchment Info

0

Distance

2.37 KM

Hamilton Elementary

Public

Grades Served

Catchment Info

6.8 / 10

Distance

2.53 KM

Pre-computed routes from LOT 31 Westminster Hwy, Richmond, BC

By transit (Skytrain)

  • Downtown Vancouver via 22nd Street → Waterfront
    89 min
  • Metrotown, Burnaby via 22nd Street → Metrotown
    71 min
  • SFU Burnaby via 22nd Street → Production Way
    77 min
  • Richmond Centre via 22nd Street → Brighouse
    114 min
  • YVR Airport via 22nd Street → YVR-Airport
    115 min

By car (off-peak)

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

Calculate your commute

LOT 31 Westminster Hwy, Richmond, BC is ideally located for commuters. The property is 5.1 km from 22nd Street, with a 89 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Westminster Hwy @ McMillan Way (0.43 km). Walk Score Transit rating: Some Transit (38/100).

Walkability & Transit Near LOT 31 Westminster Highway

Walk Score Badge
Car-Dependent 31

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 38

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
48

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for LOT 31 Westminster Highway

/month
Principal & Interest
Property Taxes $85
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $848/month in total housing costs on this $199,800 property — $763 mortgage payment, $85 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
Estimated rental income of $1,316/month exceeds carrying costs by $419/month, making this an income-positive property at 20% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for LOT 31 Westminster Highway, 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 — East Richmond, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $199,800
Richmond Loading...
East Richmond Loading...

Based on 4 comparable active properties in East Richmond, the average asking price is $466,600. This listing is priced 57.2% below the neighbourhood average. This property is flagged as a Hot Deal (57.2% 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

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Walkability & Transit Near LOT 31 Westminster Highway

Walk Score Badge
Car-Dependent 31

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 38

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
48

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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