1955 TURNER STREET, Vancouver
$2,179,000
This 6,534 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.
This exceptional 49.5' x 132' RT-5 property boasts a rare, highly coveted dual-frontage design—fronting peaceful Turner Street with rear access on Ferndale Street. Situated on a quiet, traffic-calmed block, you get: unbeatable architectural flexibility and a location nestled right between the iconic energy of Commercial Drive and the trendy charm of Hastings-Sunrise with a quick stroll to Temp Secondary, Bosa Foods, lush green parks, cozy neighborhood cafés, and all your daily essentials. RT-5 zoning opens up a world of lucrative possibilities—build a dream home, OR multi-unit multiplex project (buyer to verify details with the City of Vancouver) OR THIS ALMOST 2300 SQ.FT original-owner 4 BDRM home in excellent condition, this property is ready-made for reliable, top-tier rental income!
How this price compares
This lot asks $333 per square foot of lot. That is 25% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 95 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
- $2,179,000
- Lot size
- 6,534 sqft
- Lot dimensions
- 49.5 x 132
- Frontage
- 49.5 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1966
- Zoning
- RT-5
- MLS® area
- Hastings
- MLS® number
- R3153924
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Listing data via MLS®. Displayed for information only. Zoning RT-5 stamped from the city record on 2026-08-08.