2137 20TH AVENUE, Vancouver
$1,899,000
This 4,831 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.
Rare opportunity in the highly sought-after Trout Lake neighbourhood! This solid 5-bedroom, 1.5-bathroom home offers over 2,000 sq. ft. of living space on a prime corner lot with both side lane and rear lane access, providing excellent flexibility for future plans. While the home could benefit from some TLC, it offers great bones and has seen important mechanical updates, including an on-demand hot water boiler and newer furnace. The spacious lower level features a large recreation room with excellent potential for a mortgage helper or extended family living. Ideal for renovators, investors, or those looking to hold or explore the property's multiplex potential (buyer to verify with the City of Vancouver). Conveniently located just steps to Trout Lake and close to parks, schools, transit,
How this price compares
This lot asks $393 per square foot of lot. That is 12% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 253 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
- $1,899,000
- Lot size
- 4,831 sqft
- Lot dimensions
- 40 x 122
- Frontage
- 40 ft
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1959
- Zoning
- R1-1
- MLS® area
- Grandview Woodland
- MLS® number
- R3145931
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-27.