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Land For Sale • 0.42 AC
The property consists of an 18,212-square-foot parcel located on No. 3 Road in Richmond, British Columbia. It is situated across from Aberdeen Station on the Canada Line and falls within the Aberdeen Village Urban Centre T5 designation under the Official Community Plan, which permits high-density development up to 3.0 FSR. The site is currently subject to a long-term ground lease with approximately 65 years remaining, leased to the Radisson Hotel and partially sublet to BMO. The property is zoned for a range of commercial uses and is located in a high-traffic corridor with access to major transportation routes and proximity to Vancouver International Airport.
| Located along Richmond’s Golden Corridor with 148 feet of frontage on No. 3 Road. |
| Directly across from Aberdeen Station on the Canada Line, ensuring strong transit connectivity. |
| OCP designation allows for high-density development up to 3.0 FSR under Aberdeen Village Urban Centre T5. |
| Long-term ground lease in place with Radisson Hotel and partial sublease to BMO, providing stable income. |
| Projected net income of approximately $135,000 in 2026 under an existing triple net lease structure. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Vancouver (Amtrak Cascades - VIA Rail, Vancouver - Toronto - VIA Rail) | 22 min | - | 8.6 mi |
| Waterfront Station Eastbound (West Coast Express - TransLink) | 24 min | - | 9.6 mi |
| Transit/Subway | Drive | Walk | Distance |
| Aberdeen Station (Canada Line - TransLink) | 2 min | 2 min | 0.1 mi |
| Capstan Station (Canada Line - TransLink) | 1 min | 5 min | 0.3 mi |
| Lansdowne Station (Canada Line - TransLink) | 3 min | 15 min | 0.8 mi |
| Bridgeport Station (Canada Line - TransLink) | 3 min | 17 min | 0.9 mi |
| Airport | Drive | Walk | Distance |
| Vancouver International | 15 min | - | 4.4 mi |
Garrett Chu
RE/MAX City Realty
Garrett Chu
RE/MAX City Realty
