7480 SCHAEFER AVENUE 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. (id:203)