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156 W 47TH AVENUE, Vancouver

$2,880,000

This 6,041.5 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.

Prime OAKRIDGE opportunity to Build or Hold! Ideally situated on a quiet, tree-lined street just steps to Oakridge Park, Canada Line SkyTrain, Langara Golf Course, parks and sought-after schools. This 4 Bedroom+Den family home sits on a generous 49.5' x 122' lot and features updated windows and roof. Located in the desirable Jamieson Elementary and Sir Winston Churchill Secondary (IB program) catchments. Move in, renovate, hold, or build your dream home, with excellent redevelopment potential. An exceptional opportunity in one of Vancouver's most desirable West Side neighborhoods, offering outstanding lifestyle and long-term investment value.

How this price compares

This lot asks $477 per square foot of lot. That is 7% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 424 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
$2,880,000
Lot size
6,041.5 sqft
Lot dimensions
49.5 x 122.05
Frontage
49.5 ft
Bedrooms
4
Bathrooms
2
Year built
1947
Zoning
R1-1
MLS® area
Oakridge VW
MLS® number
R3143030

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