2318 MACDONALD STREET, Vancouver
$4,999,000
This 2,904 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.
Investor and developer alert! Macdonald & Broadway! Potential mid-rise zoning on it's way. Perfect opportunity to purchase and hold this property in this Prime Kitsilano neighbourhood for the potential Broadway Subway-Millenium Extension. Hold this property and collect an annual rent of $78,000! Contact listing agent for more information.
How this price compares
This lot asks $1,721 per square foot of lot. That is 285% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 752 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
- $4,999,000
- Lot size
- 2,904 sqft
- Lot dimensions
- 33 x 88
- Frontage
- 33 ft
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- 1912
- Zoning
- RT-8
- MLS® area
- Kitsilano
- MLS® number
- R2951978
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Listing data via MLS®. Displayed for information only. Zoning RT-8 stamped from the city record on 2026-07-25.