1989 W KING EDWARD AVENUE, Vancouver
$3,499,000
This 13,072 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.
Discover a trophy investment at 1989 W King Edward Ave. Situated on a sprawling 13,000+ sq. ft. lot within the prestigious First Shaughnessy District, this property offers a rare "buy and hold" opportunity. Currently configured as four distinct units, this character-filled residence combines heritage charm with modern rental utility. Standing tall on the high side of the street, the property offers impressive views and a commanding presence. Whether you are looking to add a high-yield asset to your portfolio or explore a long-term heritage revitalization project, this massive lot provides the ultimate canvas in Vancouver's most exclusive enclave. Call for more details!
How this price compares
This lot asks $268 per square foot of lot. That is 40% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 30 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
- $3,499,000
- Lot size
- 13,072 sqft
- Lot dimensions
- 95 x 137.6
- Frontage
- 95 ft
- Bedrooms
- 9
- Bathrooms
- 5
- Year built
- 1920
- Zoning
- FSD
- MLS® area
- Shaughnessy
- MLS® number
- R3075949
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Listing data via MLS®. Displayed for information only. Zoning FSD stamped from the city record on 2026-07-25.