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7271 Lombard Rd 10 Unit Apartment Building $2,199,999 CAD ($220,000 CAD/Unit) Richmond, BC V7C 3N1
Investment Highlights
- Spacious duplex with a total of 10 bedrooms and 8 bathrooms across two units.
- Situated on a 10,000-square-foot lot with future subdivision possibilities.
- Easy access to YVR Airport and main transportation corridors.
- Legal two-bedroom suites on each side provide immediate income potential.
- Close to Richmond Centre, Steveston Village, schools, and parks for convenience.
- Located in a quiet, family-oriented neighborhood with abundant local amenities.
Executive Summary
First time on the market since 1999, this rare duplex offers exceptional flexibility for both families and investors. Situated on a generous 10,000 square ft lot, this 4,788 square ft property features a total of 10 bedrooms and 8 bathrooms. Each side offers 3 bedrooms and 2 bathrooms upstairs, along with a legal 2-bedroom suite below-ideal for multi-generational living or generating strong rental income. Live comfortably in one side (or just the upper level) while renting out the remaining units. Located in a quiet, family-friendly neighbourhood with future subdivision potential, just minutes to Richmond Centre, Steveston Village, top-rated schools, parks, and YVR. A unique opportunity to own a versatile property with built-in income in one of Richmond´s most desirable areas.
Property Facts
| Price | $2,199,999 CAD | Building Class | C |
| Price Per Unit | $220,000 CAD | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 4,788 SF |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1999 |
| Property Subtype | Apartment | Parking Ratio | 1.04/1,000 SF |
| Apartment Style | Low-Rise |
| Price | $2,199,999 CAD |
| Price Per Unit | $220,000 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 4,788 SF |
| No. Stories | 2 |
| Year Built | 1999 |
| Parking Ratio | 1.04/1,000 SF |
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Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100
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7271 Lombard Rd
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