1329 E 12TH AVENUE, Vancouver
$1,549,000
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.
Exceptional opportunity to own a character home in a highly accessible East Vancouver location. Renovated to the studs in 2004 with permits, electrical, plumbing and drainage upgrades, this home blends modern functionality with timeless charm. Offering 5 bedrooms and 3 bathrooms, the flexible layout features 3 bedrooms up and 2 down. The main floor showcases 9' ceilings, refreshed kitchen, heritage details and select original stained-glass windows. Enjoy a fenced yard with patio space for relaxing or entertaining and secure gated parking for 2 vehicles. Only a short walk to vibrant Commercial Drive. RM-11N zoning allows multiple-dwelling development, offering excellent future upside. Currently tenanted with strong holding income. Please do not walk the property without an appointment.
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 231 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
- $1,549,000
- Lot size
- 4,026 sqft
- Lot dimensions
- 33 x 122
- Frontage
- 33 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1910
- Zoning
- RM-11
- MLS® area
- Grandview Woodland
- MLS® number
- R3140055
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Listing data via MLS®. Displayed for information only. Zoning RM-11 stamped from the city record on 2026-07-25.