ActiveVacant Land

$4,300,000

3880 NO. 3 ROAD

Richmond, British Columbia, V6X2C1

Estimated$18,044/mo.Check Eligibility
18,212Lot Sq Ft

About This Property

Stabilized FREEHOLD INVESTMENT opportunity along Richmond's Golden Corridor! 18,212 sq.ft lot with 148' of frontage along No. 3 Rd and across the street from Aberdeen Station on the Canada Line. OCP designated for high density (up to 3.0 FSR) as part of "Aberdeen Village Urban Centre T5", zoned for a wide range of COMMERCIAL uses. Land is currently leased long term (67 remaining years) to the Radisson Hotel and partially subletted to BMO. Purchaser to assume the existing triple net lease (including multiple escalation clauses) providing a stable return while owning a prime parcel for future redevelopment. The yearly net income for 2025 is approx. $135,000. (id:64938)

Quick Info

MLS#

C8071413

Days on Market

217

Listed On

Aug 13, 2025

Aman Nanda

Aman Nanda

Personal Real Estate Corporation

Call Now
Price$4,300,000
MLS#C8071413
StatusActive
Days on Market217
Annual Tax (2023)$63,781

Property Details

Architecture

Property TypeVacant Land

Property Features

Lot Size18,212 sq ft
Lot Dimensions18212

Tax / Financial

Annual Tax$63,781 (2023)

Location

Mortgage Calculator

5-Year Fixed
%
%
Loan $3,440,000
Down $860,000
$18,044Principal & Interest
·
$5,315Tax

Your monthly payment

$23,359

Incl. tax & strata

Aman Nanda

Aman Nanda

DLC AIMI Collective Mortgage Group

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3880 NO. 3 ROAD

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