7291 Gilbert Rd, Richmond BC - Single Family Residence for Sale - MLS# R3113558

$1,695,000
Est. Mortgage $7,499/mo
4 Beds
2 Baths
1854 sqft
914 $ /sqft
1957 built
$1,695,000
Est. $7,499/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 7291 Gilbert Road

Value, Convenience & Community. Large buildable lot in the heart of Central Richmond, this property delivers the rare combination investors and builders chase: scale, location, and upside. Solid 4-beds, 1.5-baths, 1854SF split-level home offers a renovation path (original condition; roof required) or a clean slate for future development. Detached garage/workshop adds immediate utility—for storage, trades, or hobbyists. Generous lot size opens the door to multiple value-add strategies, ie: subdivision, coach house, or increased density potential (buyer to verify with the City; Bill 44 considerations). What truly sets this property apart is walk-able convenience. Enjoy quick access to Richmond Centre, transit, shopping, parks. Unbeatable location, real upside. Don't Miss opportunity!

Interior Features

Basement Finished Area (sqft) 0
Basement Features Finished
Appliances Included Washer, Dryer, Refrigerator, Stove
Fireplace 1
Heating Type Forced Air, Natural Gas
# of Kitchens 1
Flooring Vinyl, Carpet
Foundation Slab

Exterior Features

Exterior Features Private Yard
Roof Wood
Structures Residential Detached

Building Details

Price $1,695,000
Total Bedrooms 4
Total Bathrooms 2
Full Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 1854
Year Built 1957
Age Of Building 69
Building Type Single Family Residence
Property Type Residential
Architecture Style 3 Level Split
Stories 3
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Double, Open, Front Access, Asphalt
Total Parking Spaces 0
Rental Suites None

Lot & Land

Lot Size 11902
Lot Size Depth Feet
Lot Size Frontage 68
MLS® # R3113558
Area Richmond
Neighbourhood Granville
City Richmond
Postal Code V7C 3W4
Gross Taxes $6,511
Zoning RSM/L

Property Timeline

Status Date Price
R3113558 / Active 04-20-2026 $1,695,000
R3046700 / Expired 09-10-2025 $2,225,000
Rooms
Floor Type Dimensions
Main Level Living Room 17'7 x 17'7 ft
Main Level Dining Room 10'4 x 10'4 ft
Main Level Kitchen 11'7 x 11'7 ft
Main Level Foyer 6'9 x 6'9 ft
Bathrooms
Floor Ensuite Pieces
Below No #2
Above Level No #4

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

Elementary
Blundell Elementary School
0.6 km
Secondary
Richmond Secondary School
0.45 km
Elementary
Blundell Elementary School
0.6 km

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

Private Schools

Elementary
St.Paul School
1.41 km
Secondary
City Vancouver Academy
3.09 km

Closest Transit

Bus Stop
Southbound Gilbert Rd @ Mang Rd
0.05 km
Skytrain
Skytrain @ Brighouse Stn
1.24 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
37.4%
No Certificate/Degree
Below Average
12.4%
Owner Occupied
Below Average
52.9%
Employment Rate
Above Average
73.6%

Noise/ Power Lines

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

Other

Agricultural Land Reserve (ALR)
Unlikely
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 — 1.24 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How GRANVILLE compares
This property
80 DOM
Slower than area
Granville avg
47 DOM
Average
Richmond avg
47 DOM
Faster market

7291 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 V7C 3W4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7C 3W4, 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 4.1 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Vancouver International Airport #2, Richmond (~3 km). Annual avg AQHI 2.2 — 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 7291 Gilbert Road

Pre-computed routes from 7291 Gilbert Rd, Richmond, BC

By transit (Skytrain)

  • Downtown Vancouver via Brighouse → Waterfront
    43 min
  • Metrotown, Burnaby via Brighouse → Metrotown
    61 min
  • SFU Burnaby via Brighouse → Production Way
    68 min
  • Richmond Centre
    18 min
  • YVR Airport via Brighouse → YVR-Airport
    31 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    17 min
  • Metrotown, Burnaby via Lougheed Hwy
    15 min
  • SFU Burnaby via Gaglardi Way
    24 min
  • Richmond Centre via No. 3 Rd
    1 min
  • YVR Airport via Bridgeport / Sea Island
    5 min

Calculate your commute

7291 Gilbert Rd, Richmond, BC is ideally located for commuters. The property is 1.2 km from Brighouse, with a 43 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Gilbert Rd @ Mang Rd (0.05 km). Walk Score Transit rating: Good Transit (62/100).

Walkability & Transit Near 7291 Gilbert Road

Walk Score Badge
Car-Dependent 54

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 62

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
66

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 7291 Gilbert Road

/month
Principal & Interest
Property Taxes $543
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $7,017/month in total housing costs on this $1,695,000 property — $6,474 mortgage payment, $543 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 $4,270/month estimated rent and $7,193/month in total housing costs, this property has a -$2,923/month cashflow. Break-even down payment: approximately 57%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Granville, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $1,695,000
Richmond Loading...
Granville 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 7291 Gilbert Road

Walk Score Badge
Car-Dependent 54

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 62

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
66

Bike Score - Bikeable

Some bike infrastructure

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