Multi-family for sale
8011 Lucas Road, Garden City, Garden City, Richmond
$8,900,000
Features
Year Built
1957
Floor Area
1,357 sqft
Lot Size
52,444 sqft
Gross Property Tax
$38,554.70 /year
Building Type
Mul Tenant/MultiPlex (5+), See Realtor Remarks
Building / Complex Name
Laddy Court
Zoning
ZD6
Subject Property Width
197.9 ft
Subject Property Depth
305.51 ft
Suite Mix Information
10 x 3 ½
Total no. of Units
10
Financial Summary
$159,952
Description
Prime Investment Opportunity in Broadmoor. A rare chance to acquire 52,444 sq. ft. of holding property in one of Richmond’s most sought-after locations. This asset includes five well-maintained duplexes with 10 suites. Strategically positioned just east of No. 3 Road, Laddy Court offers convenient access to Richmond Centre, the Canada Line, schools, and key amenities. This property presents strong potential for future redevelopment or long-term capital appreciation. Listed below assessed value and sold as-is, where-is, this is an outstanding opportunity for investors seeking high-growth potential in a central, high-demand area. Can be purchased with adjoining 8340 No. 3 Road if desired (listing number R3079664).
MLS® Number C8075146