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1315 W 58TH AVENUE, Vancouver

$2,880,000

This 8,250 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.

Gov’t Assessment Value: $3,289,300 Hold or build! Prime 66' x 125' (8,250 sq ft) south-facing FLAT lot on a quiet & desirable street in South Granville. Zoned R1-1 with strong multiplex redevelopment potential-ideal for builders, investors, or end users. Land value only. 5 bedrooms, 2 bathrooms, and a fully finished basement. Newer roof and double garage. Surrounded by multi-million dollar homes with more new developments underway. Excellent opportunity to hold or build your dream home. Convenient location with easy access to YVR, downtown, and Oakridge Shopping Centre. School catchment: David Lloyd George Elementary and Sir Winston Churchill Secondary.

How this price compares

This lot asks $349 per square foot of lot. That is 22% below the median of $447 across the 756 active lots VanPlex is showing in Vancouver, and puts it 127 of 756 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
$2,880,000
Lot size
8,250 sqft
Lot dimensions
66 x 125
Frontage
66 ft
Bedrooms
5
Bathrooms
2
Year built
1947
Zoning
R1-1
MLS® area
South Granville
MLS® number
R3138895

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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.