Incredibly priced at $1,668,000 for this 1,904 sq.ft., 4-bedroom, 2-bath, 1975-built rancher on a 7,195 sq.ft. (61. 5’ x 117’) lot with sunny, south-facing backyard. Located north of Francis Rd, neighbouring prestigious Sunnymede in central Richmond. Ferris Elementary & Richmond High catchment. First time on market since 1996. With some basic upgrades, home will be perfect for starting, retiring or investment. Better yet, under Small-Scale Multi-Unit Housing (SSMHU) zoning, redevelop (without rezoning) into 3–4 units, up to a total of 4,519.5 sq.ft.. Preferred completion November 16, 2026.

Room Type	Level	Dimensions

Date	Status	Price	Change
2024-Dec-15	Listed	$1,250,000	-2.0%
2024-Nov-28	Price Change	$1,275,000	-1.8%
2024-Nov-01	Listed	$1,299,000	-
R2847392 - Royal LePage West Real Estate Services
2023-Aug-22	Sold	$1,150,000	-2.1%
2023-Aug-10	Price Change	$1,175,000	-2.0%
2023-Jul-15	Listed	$1,199,000	-
R2798456 - Sutton Group West Coast Realty
2022-Mar-18	Sold	$985,000	-1.4%
2022-Mar-05	Listed	$999,000	-
R2654321 - RE/MAX Crest Realty
2021-Sep-12	Sold	$825,000	-2.8%
2021-Aug-28	Listed	$849,000	-
R2587123 - Century 21 In Town Realty

Date	Status	Price	Change

Rate

Provider

Payment

3.79%

Coast Capital

$6,188

4.09%

Manulife

$6,413

4.19%

CIBC

$6,490

4.39%

National Bank

$6,643

4.49%

BMO

$6,720

4.59%

RBC

$6,798

4.59%

$6,798

4.84%

CWB

$6,995

5.59%

Community Trust

$7,598

Date	Status	Price	Change
2024-Dec-15	Listed	$1,250,000	-2.0%
2024-Nov-28	Price Change	$1,275,000	-1.8%
2024-Nov-01	Listed	$1,299,000	-
R2847392 - Royal LePage West Real Estate Services
2023-Aug-22	Sold	$1,150,000	-2.1%
2023-Aug-10	Price Change	$1,175,000	-2.0%
2023-Jul-15	Listed	$1,199,000	-
R2798456 - Sutton Group West Coast Realty
2022-Mar-18	Sold	$985,000	-1.4%
2022-Mar-05	Listed	$999,000	-
R2654321 - RE/MAX Crest Realty
2021-Sep-12	Sold	$825,000	-2.8%
2021-Aug-28	Listed	$849,000	-
R2587123 - Century 21 In Town Realty

Pricing
Asking Price	$1,668,000
Price per Floor SqFt	$876
Taxes & Fees
Property Taxes

More Details
Additional Info
Hidden Field
Private Data

Year	Land	Impr.	Total	YoY%
2026	$1,851,000	$96,100	$1,947,100	-3.0%
2024	$1,939,000	$68,100	$2,007,100	-0.3%
2023	$1,939,000	$74,300	$2,013,300	+10.3%
2022	$1,754,000	$70,600	$1,824,600	+8.2%
2021	$1,620,000	$65,900	$1,685,900	+3.4%
2020	$1,562,000	$68,900	$1,630,900	-

Year	Land	Impr.	Total	YoY%	Taxes

Asking Price:	$1,699,000
Listing Date:	2026-Sep-16
Maint. Fee:	-
Bedrooms:	4
Bathrooms:	3
Floor Area:	2,276 sqft
Price / SqFt:	$746
Age:	50 years
Land Size:	0.16 ac. (7,020 sqft)
Days on Market:	3
MLS® Number:	R3166758
Distance:	116 m

Property Photos

7480 Schaefer Avenue, Richmond, BC V6Y 2W8

7480 Schaefer Avenue, Richmond, BC V6Y 2W8

Description

Property Details

Room Information

See this home in person

Pricing Estimate

MLS® Pricing History

Assessment History

Borhan Farjoo

Borhan Farjoo

Schools

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Schools

Asking Price:	$1,789,000
Listing Date:	2026-Jun-25
Maint. Fee:	-
Bedrooms:	3
Bathrooms:	2
Floor Area:	1,571 sqft
Price / SqFt:	$1,139
Age:	41 years
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Days on Market:	86
MLS® Number:	R3140426
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Asking Price:	$1,750,000
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Price / SqFt:	$874
Age:	58 years
Land Size:	0.19 ac. (8,319 sqft)
Days on Market:	12
MLS® Number:	R3162262
Distance:	623 m

Asking Price:	$1,438,000
Listing Date:	2026-Jul-30
Maint. Fee:	-
Bedrooms:	3
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Floor Area:	1,873 sqft
Price / SqFt:	$768
Age:	49 years
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Days on Market:	52
MLS® Number:	R3151312
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Asking Price:	$1,590,000
Listing Date:	2026-Jul-15
Maint. Fee:	-
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Floor Area:	2,139 sqft
Price / SqFt:	$743
Age:	22 years
Land Size:	0.09 ac. (3,746 sqft)
Days on Market:	67
MLS® Number:	R3146601
Distance:	866 m

Sold Price:	$850,000
Sold Date:	-
Maint. Fee:	-
Bedrooms:	3
Bathrooms:	2.5
Floor Area:	1,850 sqft
Price / SqFt:	-
Age:	-
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Days on Market:	26
MLS® Number:	12345678
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Sold Price:	$920,000
Sold Date:	-
Maint. Fee:	-
Bedrooms:	4
Bathrooms:	3
Floor Area:	2,100 sqft
Price / SqFt:	-
Age:	-
Land Size:	-
Days on Market:	31
MLS® Number:	23456789
Distance:	-

Sold Price:	$780,000
Sold Date:	-
Maint. Fee:	-
Bedrooms:	2
Bathrooms:	2
Floor Area:	1,650 sqft
Price / SqFt:	-
Age:	-
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Days on Market:	21
MLS® Number:	34567890
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