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136 W 12TH AVENUE, Vancouver

$2,288,000

This 3,142 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.

RENOVATED home on Vancouver’s Mount Pleasant Westside! Rare opportunity to own this gem on an RT-6 duplex lot in the sought-after Cambie corridor. This 7-bedroom, 4-level property features 2 spacious suites with private entries—ideal for rental income or Airbnb revenue machine potential, or multi-generational living. Includes 3 parking, 2 large storage areas, and a private garden. Flexible to hold or rebuild. Prime West 12th location between Main & Cambie—walk to VGH, Canada Line, City Hall, Broadway Corridor, and top cafés and shops. BONUS: City-approved development plans available—offering a valuable opportunity to reinstate and expand the home, enhancing both livability and overall size to suit a larger or family-focused lifestyle. Perfect for investors or live + rent strategy!

How this price compares

This lot asks $728 per square foot of lot. That is 63% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 676 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
$2,288,000
Lot size
3,142 sqft
Lot dimensions
25.75 x 122
Frontage
25.75 ft
Bedrooms
7
Bathrooms
2
Year built
1910
Zoning
RT-6
MLS® area
Mount Pleasant VW
MLS® number
R3126309

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Listing data via MLS®. Displayed for information only. Zoning RT-6 stamped from the city record on 2026-07-25.