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156 E 53RD AVENUE, Vancouver

$1,699,000

This 3,904 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.

Fantastic opportunity for investors or builders in a highly sought-after central location! This charming bungalow sits on flat & north-facing lot and has seen numerous improvements over the years, including an updated kitchen, bathroom, newer laminate flooring, fresh paint, upgraded windows, and a skylight that brings in natural light. The main floor offers 3 bedrooms, while the lower level features a 2-bedroom suite with its own separate entrance-perfect for extended family or as a mortgage helper. Just steps from Sunset Community Centre, Langara Golf Course, and Langara College. Close to transit, the Canada Line at Langara Station, as well as nearby shops, restaurants, cafes, and more!

How this price compares

This lot asks $435 per square foot of lot. That is 3% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 355 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
$1,699,000
Lot size
3,904 sqft
Lot dimensions
32 x 122
Frontage
32 ft
Bedrooms
5
Bathrooms
2
Year built
1918
Zoning
R1-1
MLS® area
South Vancouver
MLS® number
R3102331

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