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106 N TEMPLETON DRIVE, Vancouver

$2,098,000

This 6,146 sqft property in Vancouver is a detached single-family home on a lot the new rules make suitable for a multiplex. In Vancouver, most single-family lots fall under the R1-1 zone, which allows a multiplex of up to six units on many lots, and more on larger or corner sites. The final count depends on lot area, frontage, and whether you keep any existing character home, so each lot should be checked against the city's rules.

Rare opportunity to acquire a flat 49.5' X 122' corner lot with lane access and over 6,000 sqft of land in a sought-after Hastings Sunrise neighbourhood. Zoned RM-3A, this property offers exceptional long term potential. The existing family home provides excellent flexibility for those looking to live in, rent out, renovate, or hold while exploring future possibilities. Large corner parcels of this size are increasingly difficult to find, making this a compelling opportunity for homeowners, investors, and builders alike. Buyers are encouraged to independently verify development potential with the city of Vancouver.

How this price compares

This lot asks $341 per square foot of lot. That is 24% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 111 of 758 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.

Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.

Lot and property details

Price
$2,098,000
Lot size
6,146 sqft
Lot dimensions
50 x 122
Frontage
50 ft
Bedrooms
3
Bathrooms
2
Year built
1954
Zoning
RM-3A
MLS® area
Hastings
MLS® number
R3130697

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Listing data via MLS®. Displayed for information only. Zoning RM-3A stamped from the city record on 2026-07-25.