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2095 E 31ST AVENUE, Vancouver

$1,950,000

This 6,558 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.

Incredible opportunity to own a unique and versatile home. This large 2 storey house is ideal for families with 3 beds and 2 baths on the upper level, with many possibilities for the ground floor level. Currently a 1 bed suite, this would also make the perfect in-law suite (no stairs!) or an extension of your family’s living space. Vaulted ceiling with wooden beams and stone fireplace offers a chateau feel to the living room. Large deck off the dining room and kitchen. Outside, is a large yard with south, east and north exposures, perfect for gardening, kids and pets, fully fenced and private. Central to transit, grocery stores, restaurants, shops and parks. Your decorating ideas can transform this space into the home of your dreams. Some photos have been digitally altered.

How this price compares

This lot asks $297 per square foot of lot. That is 33% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 52 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
$1,950,000
Lot size
6,558 sqft
Lot dimensions
0 x 0
Frontage
0 ft
Bedrooms
4
Bathrooms
3
Year built
1975
Zoning
R1-1
MLS® area
Victoria VE
MLS® number
R3145479

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