1562 W 62ND AVENUE, Vancouver
$3,649,000
This 6,988.9 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.
A beautifully renovated heritage home blending timeless character with elevated modern living, featuring high end appliances and custom cherry wood cabinetry in a layout built for family life and entertaining. The lower level offers a spacious media room, additional bedroom, and a full kitchen, creating excellent flexibility for guests, extended family, or suite potential with exterior entry. Outside, enjoy a meticulously landscaped, fully fenced yard with astroturf, an electric gate, and generous decks and patios for seamless indoor outdoor hosting, plus a custom detached garage with epoxy flooring and upstairs storage for extra convenience. OPEN HOUSE - Saturday March 28 3-5PM
How this price compares
This lot asks $522 per square foot of lot. That is 17% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 494 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
- $3,649,000
- Lot size
- 6,988.9 sqft
- Lot dimensions
- 50 x 140
- Frontage
- 50 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1941
- Zoning
- R1-1
- MLS® area
- South Granville
- MLS® number
- R3099454
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.