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1323 W 49TH AVENUE, Vancouver

$3,280,000

This 7,675 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.

Opportunity to purchase a large south facing lot (62.5' x 122.8') in prestigious South Granville neighbourhood. Property needs some TLC. Functional layout throughout. Rl-1 zoning allows multi-plex development on its own or assemble for higher density under Rapid-Transit Area policy. Maple Grove Elementary and Magee Secondary School Catchment. Live-in, hold or build. Plenty of options with this property.

How this price compares

This lot asks $427 per square foot of lot. That is 4% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 340 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
$3,280,000
Lot size
7,675 sqft
Lot dimensions
62.5 x 122.8
Frontage
62.5 ft
Bedrooms
5
Bathrooms
2
Year built
1946
Zoning
R1-1
MLS® area
South Granville
MLS® number
R3072321

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