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14 W 37TH AVENUE, Vancouver

$2,900,000

This 5,605.22 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.

Builder REVENUE potential $5.7 million with side-by-side Duplexes! Directly across from Queen Elizabeth Park with Views of North Shore Mountains, this 47’ x 119.26’ (5,605 sq ft) property offers forever park views in one of Cambie’s most sought-after pockets. Set on a quiet, cherry blossom-lined street, the location alone is exceptional—but the true value lies in its development potential. Zoned R1-1 with no heritage or character restrictions, this is a prime opportunity to build 2 half-duplex homes with potential rental suites, maximizing resale value. New duplex projects in this area are in strong demand, driven by proximity to Oakridge Centre, Canada Line SkyTrain, + more —all within a 15-minute walk. Buildable area approx. 3,924 sq ft (buyer to verify with City Hall). Laneway access.

How this price compares

This lot asks $517 per square foot of lot. That is 16% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 488 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
$2,900,000
Lot size
5,605.22 sqft
Lot dimensions
47 x 119.26
Frontage
47 ft
Bedrooms
3
Bathrooms
1
Year built
1949
Zoning
R1-1
MLS® area
Cambie
MLS® number
R3109520

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