For Sale: 3880 No. 3 Road, Richmond, BC - REW
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$4,300,000
0 bd • ba • sf • Land/Lot
3880 No. 3 Road
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$4,300,000
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3880 No. 3 RoadRichmond, BC, V6X 2C1

West Cambie
  • 0 Bed
  • Bath
  • Sqft
  • Land/Lot

About this home

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 until 2091 (65 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 2026 is approx. $135,783. (id:63626)
Listed by: Garrett Chu PREC*, Personal Real Estate Corporation, RE/MAX City Realty

Home facts and features

Price details
List Price
$4,300,000
Get Pre-Approved
Gross Taxes for 2023
$63,781
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
18212 ft²
Depth
Features
Street Lighting
Community
Agent details
Primary Agent
Garrett Chu PREC*
Primary Broker
RE/MAX City Realty
Listing details
Days on REW
78 Days
Property Views
908
MLS® Number
C8077201
Source
Canadian Real Estate Association
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25 Years
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3.99%

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Property Insights

R. C. Talmey Elementary School
  • Public
  • K - 7
  • In Catchment
A.R. MacNeill Secondary School
  • Public
  • 8 - 12
  • In Catchment
Pythagoras Academy
  • Independent
  • K - 7
City Vancouver Academy
  • Independent
  • 10 - 12
St Anthony of Padua School
  • Independent
  • K - 7
Vancouver Montessori School
  • Independent
  • K
Canada Star Secondary School
  • Independent
  • 11 - 12
Vancouver Hebrew Academy
  • Independent
  • K - 7
St Paul School
  • Independent
  • K - 7
Glen Eden School
  • Independent
  • 9
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Garrett Chu PREC*
Phone:
604-789-6405
Cell:
604-789-6405
Office:
604-943-8080
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This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.