About This Property
Prime Richmond Development Lot | 9,300 square ft | $8,800/Month Rental Income A 66' x 141', 9,300 square ft south-facing lot near Aberdeen SkyTrain Station. Zoning supports up to 4,000 square ft of interior buildable space. Existing home generates up to $8,800/month in rental income while you plan and permit. Centrally located near Supermarkets, Aberdeen Centre, and Yaohan Centre with quick access to Highway 99 and the Canada Line. (id:64973)
The property at 8331 Brownell Road in Richmond, BC, offers a compelling value proposition at $816 per square foot, slightly below the average for the area. This sizable 9,302-square-foot lot with an existing rental-generating home is well-suited for investors seeking a development opportunity in a prime location near public transit and major amenities. This property's strong rental income potential and development upside make it an attractive option for real estate investors looking to capitalize on the thriving Richmond market.
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