2325 W 8TH AVENUE, Vancouver
$2,685,000
This 6,000 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.
Nestled in Kitsilano, this 4-bed, 3-bath multi-unit home offers incredible potential on a generous 50 x 120 foot lot. This well-maintained 3-plex presents an excellent investment opportunity with steady rental income and holding possibilities, or move into the main floor to eventually combine with the top floor to make a wonderful family home. Updates include newer paint, updated kitchen, bathrooms, and light fixtures for main floor and lower suite. Located in a peaceful neighborhood, you'll enjoy proximity to convenient amenities, and top schools. The property’s re-development potential combined with its desirable location makes this a rare find in one of Vancouver's most sought-after communities. Perfect for families or savvy investors looking for long-term value.
How this price compares
This lot asks $448 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 381 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
- $2,685,000
- Lot size
- 6,000 sqft
- Lot dimensions
- 50 x 120
- Frontage
- 50 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1925
- Zoning
- RT-8
- MLS® area
- Kitsilano
- MLS® number
- R3122625
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Listing data via MLS®. Displayed for information only. Zoning RT-8 stamped from the city record on 2026-07-25.