Home Richmond, BC McLennan LOT39 &40 Gazetted Road

LOT39 &40 Gazetted Rd, Richmond BC – Land for Sale – MLS® R3069390

LOT39 &40 Gazetted Road, Richmond, British Columbia V0V 0V0

336 days on the market

$568,000

Est. Mortgage $2,513/mo

Listing updated: Nov 24, 2025 at 12:09pm

EstateBlock checked: Oct 21, 2026 at 05:45am

0 sqft

89.4% cheaper than comps

Photo

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

Exterior Features

Structures	Land Only

Building Details

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 & Land

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

Property Timeline

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.

Map & Neighbourhood

Public Schools

Elementary
Kingswood Elementary School: Average 1.71 km 6.8/10
Secondary
Matthew McNair Secondary School: 2.17 km
Elementary
Kingswood Elementary School: 1.71 km

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

Private Schools

Elementary
Cornerstone Christian Academy: Above Average 0.94 km 10/10
Elementary, Secondary
Richmond Christian School: Above Average 2.61 km 9.3/10

Closest Transit

Bus Stop
Northbound No. 5 Rd @ 7300 Block: 0.76 km
Skytrain
Skytrain @ Brighouse Stn: 2.62 km

Crime Rate

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

Demographics

Post-Secondary Education: Below Average 25.9%
No Certificate/Degree: Above Average 16.6%
Owner Occupied: Below Average 59.6%
Employment Rate: Above Average 68.8%

Noise/ Power Lines

Road/Hwy Noise: Possible
Railway/Sky train Noise: Possible
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

44 / 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

Unlikely — not in floodplain

Railway / Skytrain noise

Possible — near transit

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

Yes — in ALR

How MCLENNAN compares

This property

336 DOM

Slower than area

McLennan avg

44 DOM

Average

Richmond avg

44 DOM

Faster market

LOT39 &40 Gazetted Road has a sell-speed score of 44/100, 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 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 4.3 µg/m³ — meets WHO 2021 guideline. 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 (1 nearby)

Florist on the fifth · 914 m · Florist

Transit (1 nearby)

Bus stop southbound no. 5 rd @ 6400 block · 977 m · Transit

Schools NearBy

31 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Cornerstone Christian Academy	Independent	Grades Served K-7	Catchment Info —	9.5 / 10	Distance 942 m
A.R. MacNeill Secondary School	Public	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 1.01 KM
BC Muslim School	Independent	Grades Served —	Catchment Info —	6.5 / 10	Distance 1.26 KM
Henry Anderson Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 1.31 KM
Az-Zahraa Islamic Academy	Independent	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 1.34 KM
Richmond Jewish Day School	Independent	Grades Served K-7	Catchment Info —	N/A	Distance 1.55 KM
Howard De Beck Elementary	Public	Grades Served —	Catchment Info —	7.7 / 10	Distance 1.64 KM
Kingswood Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.1 / 10	Distance 1.72 KM
Garden City Elementary School	Public	Grades Served K-7	Catchment Info —	8.3 / 10	Distance 1.96 KM
William Cook Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 1.98 KM
R C Palmer Secondary School	Public	Grades Served 8-12	Catchment Info —	7.6 / 10	Distance 2.13 KM
Matthew McNair Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.3 / 10	Distance 2.17 KM
Walter Lee Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.18 KM
General Currie Elementary School	Public	Grades Served K-7	Catchment Info —	6.5 / 10	Distance 2.28 KM
St.Paul School	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 2.29 KM
Virtuelle	Public	Grades Served —	Catchment Info —	N/A	Distance 2.40 KM
Maple Hill School	Independent	Grades Served —	Catchment Info —	5.6 / 10	Distance 2.46 KM
Daniel Woodward Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.51 KM
Richmond Christian School	Independent	Grades Served K-12	Catchment Info —	8.9 / 10	Distance 2.61 KM
Tomsett Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 2.61 KM
James Whiteside Elementary School	Public	Grades Served K-7	Catchment Info —	7.2 / 10	Distance 2.66 KM
Kathleen McNeely Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 2.71 KM
Continuing Ed SD 38	Public	Grades Served —	Catchment Info —	2.6 / 10	Distance 2.74 KM
Thomas Kidd Elementary School	Public	Grades Served K-7	Catchment Info —	6.7 / 10	Distance 2.75 KM
Windsor Hall	Independent	Grades Served —	Catchment Info —	N/A	Distance 2.84 KM
Hugh McRoberts Secondary School	Public	Grades Served 8-12	Catchment Info —	8.0 / 10	Distance 2.86 KM
Canada Star Secondary School	Independent	Grades Served 11-12	Catchment Info —	7.9 / 10	Distance 2.86 KM
Richmond Secondary	Public	Grades Served —	Catchment Info —	8.1 / 10	Distance 2.91 KM
Mitchell Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.92 KM
Cambie Secondary	Public	Grades Served —	Catchment Info —	6.4 / 10	Distance 2.97 KM
Pythagoras Academy	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 3.00 KM

Pre-computed routes from LOT39 &40 Gazetted Rd, Richmond, BC

LOT39 &40 Gazetted Rd, Richmond, BC Brighouse 2.6 km

59 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Brighouse → Waterfront
59 min
Metrotown, Burnaby via Brighouse → Metrotown
77 min
SFU Burnaby via Brighouse → Production Way
84 min
Richmond Centre
34 min
YVR Airport via Brighouse → YVR-Airport
47 min

By car (off-peak)

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

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).

Walkability & Transit Near LOT39 &40 Gazetted Road

Car-Dependent 14

Walk Score - Car-Dependent

Almost all errands require a car

Some Transit 30

Transit Score - Some Transit

A few nearby public transportation options

Somewhat
Bikeable 29

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for LOT39 &40 Gazetted Road

/month

Principal & Interest

Property Taxes $147

Maintenance fee 0

Financing 80% of the $568,000 asking price over 30 years at 4% results in approximately $2,316/month in total estimated carrying costs, $147 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.

Investment Cashflow Calculator

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

This listing generates an estimated $2,091/month in rental income, leaving a -$319/month cashflow at current carrying costs. Investors targeting break-even would need roughly 32% down.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for LOT39 &40 Gazetted Road, Richmond

Buy Vs Rent Calculator

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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.