12331 Gilbert Rd, Richmond BC - Single Family Residence for Sale - MLS# R3082653

$3,980,000
Est. Mortgage $17,607/mo
2 Beds
2 Baths
1078 sqft
3692 $ /sqft
1927 built
$3,980,000
Est. $17,607/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 12331 Gilbert Road

INCREDIBLE GREAT PRICE! Centrally located 10 Acres (434,134 sf) AG1 farmland on prestigious Gilbert Road w/ 353’ East frontage (N 1,288.6’ x W 328’). Usages include HOBBY FARM; ANIMAL BREEDING, BOARDING, DAY CARE, GROOMING & SHELTER or an EQUESTRIAN CENTRE & more. Build a new home of 4,306 sf (current by-law) or renovate this solid 1,078 sf 2-bdrm+ den up 1.5 baths two-level home & enjoy having your secondary usages include: childcare, home business, winery (farm-based) etc. all right close to all amenities in Central Richmond, yet just 3 minutes’ drive to Dyke Road & Bark Park.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Refrigerator, Stove
Fireplace 0
Heating Type Forced Air
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features No Outdoor Area
Roof Other
Structures Residential Detached

Building Details

Price $3,980,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 1078
Year Built 1927
Age Of Building 99
Building Type Single Family Residence
Property Type Residential
Stories 1
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Public
Parking Type Open, Front Access

Lot & Land

Lot Size 10
Lot Size Depth Feet
Lot Size Frontage 353
MLS® # R3082653
Area Richmond
Neighbourhood Gilmore
City Richmond
Postal Code V7E 2H7
Gross Taxes $992.45
Zoning AG1

Property Timeline

Status Date Price
R3082653 / Active 01-23-2026 $3,980,000
R2997532 / Expired 05-02-2025 $3,980,000
R2838520 / Expired 12-27-2023 $5,000,000
Rooms
Floor Type Dimensions
Main Level Living Room 11'0 x 11'0 ft
Main Level Kitchen 11'0 x 11'0 ft
Main Level Eating Area 11'0 x 11'0 ft
Main Level Family Room 11'0 x 11'0 ft
Above Level Bedroom 8'3 x 8'3 ft
Above Level Walk-In Closet 9'9 x 9'9 ft
Above Level Bedroom 13'5 x 13'5 ft
Above Level Walk-In Closet 13'3 x 13'3 ft
Above Level Den 4'0 x 4'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Above Level No #2

Listed by: RE/MAX Westcoast

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Secondary
Steveston-London Secondary School
1.7 km
Elementary
Maple Lane Elementary School
1.7 km
Elementary
Maple Lane Elementary School
Above Average
1.7 km
7.5/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Pacific Rim Montessori Academy
0.9 km
Elementary, Secondary
Richmond Christian School
Above Average
4.6 km
9.3/10

Closest Transit

Bus Stop
Eastbound Moncton St @ No. 2 Rd
0.65 km
Skytrain
Skytrain @ Brighouse Stn
5.00 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Above Average
39%
No Certificate/Degree
Below Average
8.9%
Owner Occupied
Below Average
55.7%
Employment Rate
Average
60.1%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Possible
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

44 / 100
Overall sell-speed score
May take longer
Price competition grade
No comparable data
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 5.00 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
Yes — in ALR
How GILMORE compares
This property
167 DOM
Slower than area
Gilmore avg
47 DOM
Average
Richmond avg
47 DOM
Faster market

12331 Gilbert Road has a sell-speed score of 44/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. The local market is currently a Buyer's Market with a sales-to-active ratio of 9.5% and an area average of 47 days on market — buyers have more leverage. With only 475 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V7E 2H7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7E 2H7, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.3 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Richmond South, Richmond (~3.7 km). Annual avg AQHI 2 — Low Risk.

Heat Low

Richmond currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.8 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Typical for region

Annual precipitation ~1117 mm (1981–2010 baseline), projected ~1159 mm by the 2050s. Extreme 1-day rainfall: ~39.9 mm baseline, ~44.4 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~25 days baseline, ~27 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 12331 Gilbert Road

Pre-computed routes from 12331 Gilbert Rd, Richmond, BC

By transit (Skytrain)

  • Downtown Vancouver via Brighouse → Waterfront
    88 min
  • Metrotown, Burnaby via Brighouse → Metrotown
    106 min
  • SFU Burnaby via Brighouse → Production Way
    113 min
  • Richmond Centre
    63 min
  • YVR Airport via Brighouse → YVR-Airport
    76 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    22 min
  • Metrotown, Burnaby via Lougheed Hwy
    19 min
  • SFU Burnaby via Gaglardi Way
    27 min
  • Richmond Centre via No. 3 Rd
    6 min
  • YVR Airport via Bridgeport / Sea Island
    10 min

Calculate your commute

12331 Gilbert Rd, Richmond, BC is ideally located for commuters. The property is 5.0 km from Brighouse, with a 88 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Moncton St @ No. 2 Rd (0.65 km). Walk Score Transit rating: Some Transit (29/100).

Walkability & Transit Near 12331 Gilbert Road

Walk Score Badge
Car-Dependent 4

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 29

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
45

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 12331 Gilbert Road

/month
Principal & Interest
Property Taxes $83
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $15,284/month in total housing costs on this $3,980,000 property — $15,201 mortgage payment, $83 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $8,870/month estimated rent and $15,574/month in total housing costs, this property has a -$6,704/month cashflow. Break-even down payment: approximately 56%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Gilmore, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $3,980,000
Richmond Loading...
Gilmore Loading...

No active comparable properties are currently available for this property type in Richmond. The price evaluation chart will update as similar listings enter the market.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 12331 Gilbert Road

Walk Score Badge
Car-Dependent 4

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 29

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
45

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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