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1325/27 LABURNUM STREET, Vancouver

$3,420,000

This 4,723.5 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 Kits Point Opportunity! This side-by-side duplex sits on a coveted 47’ x 100.5’ lot, just half a block from the beach. Each residence is spread over three levels, offering two bedrooms and a full bath upstairs, bright and spacious living and dining areas on the main, and kitchens that flow seamlessly to large private decks—perfect for entertaining or quiet relaxation. The lower level provides a versatile recreation room, an additional bathroom, generous storage, and the option to create a third bedroom. Combining comfort, flexibility, and an unbeatable location, this property is ideal for homeowners and investors alike.

How this price compares

This lot asks $724 per square foot of lot. That is 62% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 672 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
$3,420,000
Lot size
4,723.5 sqft
Lot dimensions
47 x 100.5
Frontage
47 ft
Bedrooms
4
Bathrooms
4
Year built
1926
Zoning
RT-9
MLS® area
Kitsilano
MLS® number
R3039548

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Listing data via MLS®. Displayed for information only. Zoning RT-9 stamped from the city record on 2026-07-25.