Tarek Elashi

604-250-4800
Tarek Elashi
Cell:604-250-4800
Office:604-279-9822
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8011 Lucas Road in Richmond: Garden City Land Commercial for sale in "Laddy Court" : MLS®# C8070492

8011 Lucas Road Richmond V6Y 1G2 : Garden City

Main Photo: 8011 Lucas Road in Richmond: Garden City Land Commercial for sale in "Laddy Court" : MLS®# C8070492
$9,999,000
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8070492
Status:
Active
Build. Type:
Mul Tenant/MultiPlex (5+)
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.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Land Commercial, Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Frame Wood
Name of Complex/Subdivision:
Laddy Court
Num Storeys:
2
Building Type:
Mul Tenant/MultiPlex (5+), See Remarks
# Bldgs:
5
# Units Total:
10
# Other Units:
0
# of Apartments:
10
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
0
# of 2 Bedroom Apartments:
0
# of 3 Bedroom Apartments:
10
Year built:
1957 (Age: 68)
Living Area:
Switch units of measure1,357 sq. ft.
Subject Property Depth:
Switch units of measure305'6⅛"
Subject Property Width:
Switch units of measure197'11"
Lot Area:
Switch units of measure1.2 acre(s)
Zoning:
Potential to Redevelop:
Must check with city of Richmond for restrictions/solutions, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Services Connected:
Cable at Lot Line, Electricity at Lot Line, Fully Serviced, Natural Gas at Lot Line, High Speed Internet at Lot Line, Sanitary sewer at LotLine, Storm Sewer at Lot Line, Phone Service at Lot Line, City Water at Lot Line
Sewer:
Public Sewer
Parcel Number:
006031587
Taxes:
$34,873.77 / 2025
No
Water Supply:
Public, City Water at Lot Line
Water Rights:
No
Roof:
Potential to Redevelop:
Must check with city of Richmond for restrictions/solutions, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
Listed by Macdonald Realty Westmar and RE/MAX Westcoast
Data was last updated December 8, 2025 at 10:40 AM (UTC)
Reciprocity Logo
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2025 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.