1294 E 33RD AVENUE, Vancouver
$1,498,800
This 3,894 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.
Attention Investors and Builders! This charming 1957 bungalow boasts a bright, renovated kitchen with modern upgrades that preserve the home's original character. The main floor features three generously sized bedrooms, while the fully finished, full-height basement offers suite potential with a separate entrance and a two-piece bathroom. The property sits on a corner lot between Gray's Park and Kensington Park, with lane access and a nearby bus stop. The neighboring property at 1280 E 33rd Avenue is also available for purchase. Don’t miss out on this rare investment opportunity!
How this price compares
This lot asks $385 per square foot of lot. That is 14% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 234 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
- $1,498,800
- Lot size
- 3,894 sqft
- Lot dimensions
- 33 x 118
- Frontage
- 33 ft
- Bedrooms
- 2
- Bathrooms
- 2
- Year built
- 1957
- Zoning
- R1-1
- MLS® area
- Knight
- MLS® number
- R3106352
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-27.