Rare income property opportunity in the heart of Steveston! Situated on over 14,000 sq ft of prime land, this legal duplex (circa 1970s) is on one of the last large development parcels in this highly sought-after neighborhood. The property is currently tenanted with long-term occupants, providing stable income and immediate holding security. Existing rents are below current market levels, presenting a clear value-add opportunity for future revenue growth over time. Whether held as a steady income property, repositioned for stronger yield, or land-banked for future development, this is a rare chance to acquire scale and upside in charming Steveston — a neighborhood where opportunities of this size are increasingly scarce. A long-term asset with built-in growth potential!
Property Details
Property Type
Fourplex
Style
Multi Family
Title to Land
Freehold NonStrata
Year Built
1968
Area
Richmond · Steveston North
Outdoor
Patio,Deck, Garden,Balcony,Private Yard
Heating / Cooling
Forced Air,Natural Gas
Flooring
Hardwood,Mixed,Tile,Vinyl
Construction
Frame Wood,Stucco,Wood Siding
Parking
Detached,Tandem,Front Access (10 stalls)
Water Supply
Public
Kitchens
4
Fireplaces
3
Financial
List Price$2,698,000
Gross Taxes$10,116 · 2025
Rooms 20
Bedroom
Abv Main 212'2 x 10'1
Living Room
Abv Main 216'1 x 13'1
Dining Room
Abv Main 213'4 x 11'2
Kitchen
Abv Main 213'0 x 11'7
Laundry
Abv Main 210'8 x 5'1
Primary Bedroom
Abv Main 216'9 x 10'1
Bedroom
Main16'8 x 10'4
Foyer
Main12'1 x 6'4
Living Room
Main15'9 x 12'4
Kitchen
Main14'8 x 11'7
Bedroom
Main11'2 x 8'8
Eating Area
Above9'11 x 8'4
Kitchen
Above12'3 x 10'1
Dining Room
Above13'2 x 9'0
Living Room
Above15'1 x 12'3
Bedroom
Above11'7 x 10'2
Bedroom
Above9'11 x 8'1
Primary Bedroom
Above13'0 x 11'7
Storage
Main15'1 x 8'3
Foyer
Main7'8 x 4'9
Features & Appliances
✦ Appliances & Features
🧺Washer/Dryer
🧺Dishwasher
🧊Refrigerator
🍳Stove
🍲Microwave
🧯No Fire Sprinkler System
🚨No Smoke Detector(s)
Where this information comes from:
Listing details, room sizes, features and financials are from the active MLS® listing
R3143284, Real Estate Board of Greater Vancouver, listed by Rennie & Associates Realty Ltd. (Nicholas Narciso).
Listed Jul 6, 2026. Feed last updated Jul 17, 2026.
Measurements are provided by the listing brokerage and are approximate — buyer to verify all data.
Book a Showing
4751 4771 STEVESTON HIGHWAY · MLS® R3143284 · with Les Twarog
1428 W 7th Avenue, Vancouver, BC V6H 1C1604.602.1111 | info@bccondos.net
MLS®, REALTOR® and the associated logos are trademarks of The Canadian Real Estate Association
The listing data is provided under copyright by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver.The listing data is deemed reliable but is not guaranteed accurate by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board, Real Estate Board of Greater Vancouver, nor BCCondos.