2323 W 23RD AVENUE, Vancouver
$2,958,000
This 6,527 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.
Gorgeous south-facing home on a large 53.5 x 122 (6,527 SF) lot in the highly sought-after Arbutus neighbourhood. Beautiful street appeal, this 4 Bed + 2 Bath residence offers bright, spacious living with air conditioning, quality hardwood floors, and a gourmet kitchen with elegant wood cabinetry, granite countertops and separate wok kitchen. The thoughtfully designed layout includes a recreation room on the lower level, with a large patio and private garden perfect for outdoor living. Ideally located steps to Prince of Wales Secondary and Trafalgar Elementary, with easy access to top private schools including York House and Little Flower Academy, UBC, shopping, restaurants, and transit.
How this price compares
This lot asks $453 per square foot of lot. That is about the same as the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 388 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
- $2,958,000
- Lot size
- 6,527 sqft
- Lot dimensions
- 53.5 x 122
- Frontage
- 53.5 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1951
- Zoning
- R1-1
- MLS® area
- Arbutus
- MLS® number
- R3124374
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.