Prime holding opportunity in Richmond’s McLennan area—1.225 acres, AG1-zoned, ideally situated near Shell Road and Granville Avenue. This two-lot property sits within Central Richmond, offering strategic, long-term potential for future development. Current zoning allows for agricultural and farming uses only, and the construction of any buildings or structures is not presently permitted unless directly related to approved agricultural operations. This land is best suited for buyers seeking agricultural use now, with an eye to development possibilities as city planning and zoning policies evolve in coming years
| Structures | Land Only |
|---|
| Price | $568,000 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Utility Type | Sanitary Sewer Nearby, Storm Sewer Nearby, Electricity Nearby, Natural Gas Nearby, Phone Nearby, Cable Available |
| Water (WaterSource) | None |
| Lot Size | 1.23 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 0 |
| MLS® # | R3069390 |
| Area | Richmond |
| Neighbourhood | McLennan |
| City | Richmond |
| Postal Code | V0V 0V0 |
| Gross Taxes | $1,765 |
| Zoning | AG1 |
| Status | Date | Price |
|---|---|---|
| R3069390 / Active | 11-19-2025 | $568,000 |
Listed by: Royal Regal 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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
LOT39 &40 Gazetted Road has a sell-speed score of 66/100, placing it in the "Expected to sell within weeks" band. The listing is priced 89.4% below comparable active properties in McLennan, 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 likely to sell within a few weeks.
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).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
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.
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.
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.
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.
31 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Cornerstone Christian Academy |
Independent |
Grades ServedK-7
|
Catchment Info—
|
9.5 / 10 |
Distance942 m
|
A.R. MacNeill Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
6.9 / 10 |
Distance1.01 KM
|
BC Muslim School |
Independent |
Grades Served—
|
Catchment Info—
|
6.5 / 10 |
Distance1.26 KM
|
Henry Anderson Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
7.8 / 10 |
Distance1.31 KM
|
Az-Zahraa Islamic Academy |
Independent |
Grades ServedK-7
|
Catchment Info—
|
7.1 / 10 |
Distance1.34 KM
|
Richmond Jewish Day School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
0 |
Distance1.55 KM
|
Howard De Beck Elementary |
Public |
Grades Served—
|
Catchment Info—
|
7.7 / 10 |
Distance1.64 KM
|
Kingswood Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
6.1 / 10 |
Distance1.72 KM
|
Garden City Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
8.3 / 10 |
Distance1.96 KM
|
William Cook Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.2 / 10 |
Distance1.98 KM
|
R C Palmer Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
7.6 / 10 |
Distance2.13 KM
|
Matthew McNair Secondary School |
Public |
Grades Served8-12
|
Catchment InfoIn Catchment
|
6.3 / 10 |
Distance2.17 KM
|
Walter Lee Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.9 / 10 |
Distance2.18 KM
|
General Currie Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.5 / 10 |
Distance2.28 KM
|
St.Paul School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
8.4 / 10 |
Distance2.29 KM
|
Virtuelle |
Public |
Grades Served—
|
Catchment Info—
|
0 |
Distance2.40 KM
|
Maple Hill School |
Independent |
Grades Served—
|
Catchment Info—
|
5.6 / 10 |
Distance2.46 KM
|
Daniel Woodward Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.9 / 10 |
Distance2.51 KM
|
Richmond Christian School |
Independent |
Grades ServedK-12
|
Catchment Info—
|
8.9 / 10 |
Distance2.61 KM
|
Tomsett Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
7.5 / 10 |
Distance2.61 KM
|
James Whiteside Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
7.2 / 10 |
Distance2.66 KM
|
Kathleen McNeely Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
7.5 / 10 |
Distance2.71 KM
|
Continuing Ed SD 38 |
Public |
Grades Served—
|
Catchment Info—
|
2.6 / 10 |
Distance2.74 KM
|
Thomas Kidd Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.7 / 10 |
Distance2.75 KM
|
Windsor Hall |
Independent |
Grades Served—
|
Catchment Info—
|
0 |
Distance2.84 KM
|
Hugh McRoberts Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
8.0 / 10 |
Distance2.86 KM
|
Canada Star Secondary School |
Independent |
Grades Served11-12
|
Catchment Info—
|
7.9 / 10 |
Distance2.86 KM
|
Richmond Secondary |
Public |
Grades Served—
|
Catchment Info—
|
8.1 / 10 |
Distance2.91 KM
|
Mitchell Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
5.9 / 10 |
Distance2.92 KM
|
Cambie Secondary |
Public |
Grades Served—
|
Catchment Info—
|
6.4 / 10 |
Distance2.97 KM
|
Pythagoras Academy |
Independent |
Grades ServedK-7
|
Catchment Info—
|
8.4 / 10 |
Distance3.00 KM
|
Calculate your commute
LOT39 &40 Gazetted Rd, Richmond, BC is ideally located for commuters. The property is 2.6 km from Brighouse, with a 59 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound No. 5 Rd @ 7300 Block (0.76 km). Walk Score Transit rating: Some Transit (30/100).
Buy Vs Rent Calculator
Rent vs own
—
Comparable data is unavailable at the neighbourhood level. City-wide in Richmond, similar properties average $5,359,667 across 2 active listings — this listing is 89.4% below the Richmond average. This property is flagged as a Hot Deal (89.4% cheaper than comparables) based on its competitive pricing and market demand.
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