$1,798,000
4811 LANCELOT DRIVE
Beds
5
Baths
4
Sqft
—
Year
1978
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
2 BED MORTGAGE HELPER - Beautifully RENOVATED & MOVE-IN READY 3,222 SF 5 BED 4 BATH home sitting on a prime 7,019 SF rectangular lot in a sought-after neighborhood. $200K+ worth of extensive updates including newer roof, windows, paint, engineered hardwood flooring, bathrooms, kitchen + TOO MUCH TO LIST! Private East-facing backyard is fenced with greenbelt view - perfect for kids/pets, BBQs & entertaining! Open-concept living & kitchen with modern cabinetry/countertop space & BOSCH appliances. Spacious bedrooms each with their own bathrooms upstairs. 2 bed mortgage helper potential perfect for rental income / extended family. PRIME LOCATION: STEPS to West Rmd Community Centre, Hugh Boyd, Seafair Shopping Centre, Transit, Golf, Blundell Centre, R.M. GRAUER Elementary. DON'T MISS THIS CHANCE! OPEN HOUSE MAR 28 & 29 SAT & SUN 2-4PM (id:65958)
- Subtype
- Single Family
- Architectural style
- 2 Level
- Structure
- House
- Common interest
- Freehold
- Living area
- 3,222 square feet
- Lot size
- 7,019 square feet
- Lot dimensions
- 7019
- Parking
- 4 total
- Fireplace
- 2
- On market
- Apr 7, 2026
- Status changed
- Apr 13, 2026
- Annual tax
- $5,806.2 (2025)
- Photos
- 40
- MLS#
- R3107828
- Area
- RICHMOND
Features and systems
Parking
Appliances
Heating
Lot
View
Cash on cash
-11.43%
Cap rate
3.60%
GRM
16.6
Break-even rent
$12,606
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Richmond. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.