1939 E 39TH AVENUE, Vancouver
$1,398,000
This 3,300 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.
Welcome to this lovely single detached home in the sought-after Victoria neighbourhood. Featuring newly updated flooring, double-pane vinyl windows, and a roof replaced in 2015, this home offers a quiet and comfortable living environment. All rooms are generously sized and well-maintained. The property includes a single detached garage with convenient lane access. Enjoy a short stroll to the vibrant Victoria Drive commercial corridor, with shops and restaurants nearby. The basement features a separate entrance with a two-bedroom suite. 1 studio suite at the back on main floor. Centrally located and close to all major amenities, with easy access to transit and key routes. R1-1 zoning, this property presents excellent potential for investors, builders, or end users.
How this price compares
This lot asks $424 per square foot of lot. That is 5% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 332 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
- $1,398,000
- Lot size
- 3,300 sqft
- Lot dimensions
- 35 x 94.31
- Frontage
- 35 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1949
- Zoning
- R1-1
- MLS® area
- Victoria VE
- MLS® number
- R3103111
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.