1257 E BROADWAY, Vancouver
$1,999,000
This 4,026 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.
DEVELOPMENT OPPORTUNITY! Prime property in Vancouver's Broadway Corridor, offered individually or with 1243 & 1257 E Broadway as a rare 3-property land assembly totaling approximately 12,078 SF, offered together at $5,998,000. Zoned R5-3 (High-Rise Apartment & Mixed-Use Residential) within the Broadway Plan – Mount Pleasant North Apartment Area (Area A). Potential for up to 6.5 FSR, 20-storey tower form, and approximately 78,507 SF buildable area, subject to City approvals. Phase II Clean Environmental Report available. Sold "As Is, Where Is." Preference given to offers for the complete assembly. Buyer to verify all development potential.
How this price compares
This lot asks $497 per square foot of lot. That is 11% above the median of $447 across the 754 active lots VanPlex is showing in Vancouver, and puts it 452 of 754 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
- $1,999,000
- Lot size
- 4,026 sqft
- Lot dimensions
- 33 x 122
- Frontage
- 33 ft
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1926
- Zoning
- RM-4
- MLS® area
- Mount Pleasant VE
- MLS® number
- R3145256
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Listing data via MLS®. Displayed for information only. Zoning RM-4 stamped from the city record on 2026-07-25.