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For Sale · Richmond

$1,850,000

7131 WILLIAMS ROAD, Richmond

Tour this home

Bedrooms

Bathrooms

2,172

Size

1956

Year built

About This Home

The details.

Rare opportunity to purchase a large 8,970 square ft lot (69' x 130') in a highly desirable Richmond neighborhood. This property offers excellent potential for redevelopment, investment or building your dream home. The existing 2,172 square ft residence built in 1956 features - 3 bedrooms, 1.5 bathrooms and basement had potential for further developed. Close to elementary school (John T. Errington), high school...

Summarizing the highlights...

MLS® R3134586Listing courtesy of Saba Realty Ltd.View on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Year built: 1956
Size: 2,172 sqft
Lot size: 8,970 square feet
Parking: 5 spaces
MLS number: R3134586
Data source: Greater Vancouver REALTORS®

Market intelligence

Statistics and history.

Days on market

Typical in Richmond: 12 days

Richmond median asking

$900K

1,129 active listings

Est. rent / month

$3,500

From live asking rents in this market

Est. rental yield

2.27%

Gross, asking price vs asking rents

Price per sqft

$852

Based on 2,172 sqft interior

How fast is this listing moving?

FastSlow

Market demandBalanced

QuietHot

105 new this week of 1,129 active listings in Richmond, blended with typical days on market.

Where this price sits in Richmond

$375KThis listing$2.2M

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this homeComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

July Value

What this home is worth.

Calculating a July Value estimate...

Location

Where it sits.

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Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization25 yr

Monthly mortgage payment

$8,652

$1,480,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$8,652

Cash flow

-$8,652

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Richmond right now

1,129

Active listings

105

New this week

$899,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Richmond.

Household and demographic stats for Richmond, from the Statistics Canada 2021 Census.

209,937
Population (2021): 43.6
Median age: 81,080
Households: 2.6
Avg household size: 71.3%
Home ownership: $79,000
Median household income

Richmond neighbourhood guide Full census profile Richmond market trends

The immediate block around this home (right here): about 409 residents in 133 homes, 4,086 people/km² (dense urban).

Source: Statistics Canada 2021 Census, Richmond, City (CY); block-level figures from dissemination area 59151125.

Schools

Nearby schools

K-12 schools closest to this home, with straight-line distances.

8.6of 10
Maple Lane Elementary
500 m
public · elementary
Rank 181 of 1,272 in BC (2025/2026) · FSA literacy + numeracy
Performance history
- 2025/2026 · elementary · Score 8.6 · Rank 181/1,272
- 2024/2025 · elementary · Score 9.0 · Rank 128/1,269
- 2023/2024 · elementary · Score 8.9 · Rank 146/1,267
8.7of 10
William Bridge Elementary
1.0 km
public · elementary
Rank 161 of 1,272 in BC (2025/2026) · FSA literacy + numeracy
Performance history
- 2025/2026 · elementary · Score 8.7 · Rank 161/1,272
- 2024/2025 · elementary · Score 8.6 · Rank 178/1,269
- 2023/2024 · elementary · Score 8.8 · Rank 155/1,267

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Rental Market

Rentals nearby

Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.