About 4771 Steveston Highway
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 of 4771 Steveston Highway
| Price | $2,498,000 |
|---|---|
| Year Built | 1968 |
| Stories in Building | 2 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Floor Levels | 2 |
| Main Floor | 841 sqft |
| Total Size | 5,003 sqft |
| Bedrooms | 11 |
| Full Baths | 7 |
| Fireplaces | 3 |
| Heating | Forced Air, Natural Gas |
| Basement | None |
| Title to Land | Freehold NonStrata |
| Property Taxes | $10,116 |
Amenities and Features
| Parking Type | Detached, Tandem, Front Access |
|---|---|
| Parking Total | 10 |
| Site Influences | Central Location |
| Has Pool | No |
| Is Waterfront | No |
Lot Size
| Lot Area | 14,015 |
|---|
Listing Details
| MLS® # | R3143284 |
|---|---|
| Status | Active |
| Listing Date | July 6th, 2026 |
| Address | 4771 Steveston Highway |
| Subdivision | Steveston North |
| Area | Richmond |
| Province | BC |
| Listing Office | Rennie & Associates Realty Ltd. |