2280 E 54TH AVENUE, Vancouver
$1,999,000
This 6,138.72 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.
Over sized 49 X 125.28 lot (6,138 sq ft) at prestigeous Fraserview sub-area, this old timer has 3 bedroom 1 bath upstairs and 2 bedroom 1 bath downstairs for mortgage helper, good holding property for investment property or take advantage of the new government zoning to build multiplexes or your dream house. This is an estate sale and no court approval required, the property is being sold "as is, where is". Open house May 3, 2026 (Sun) 2-4PM, DRPO offer by 4PM on May 5, 2026 (Tue).
How this price compares
This lot asks $326 per square foot of lot. That is 27% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 86 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
- $1,999,000
- Lot size
- 6,138.72 sqft
- Lot dimensions
- 49 x 125.28
- Frontage
- 49 ft
- Bedrooms
- 0
- Bathrooms
- 2
- Year built
- 1952
- Zoning
- R1-1
- MLS® area
- Fraserview VE
- MLS® number
- R3116546
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.