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2396 E 33RD AVENUE, Vancouver

$1,950,000

This 3,737.5 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.

LAND ASSEMBLY - Attention Developers. Builders and Investors. Welcome to the desirable and evolving neighborhood of Norquay. Less than 1km from Nanaimo Station and minutes to Kingsway which offers all the services needed brings the extra value to this development site. The RM-9AN zoning allows for low-rise apartments, 3 to 4-storey multi-family residential buildings. Buyer to verify the OCP and City of Vancouver for zoning permit and all inquiries. Potential of assembling a total of 21,000+ sq.ft.

How this price compares

This lot asks $522 per square foot of lot. That is 17% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 493 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
$1,950,000
Lot size
3,737.5 sqft
Lot dimensions
32.5 x 115.00
Frontage
32.5 ft
Bedrooms
4
Bathrooms
2
Year built
1958
Zoning
RM-9A
MLS® area
Collingwood VE
MLS® number
R2778239

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Listing data via MLS®. Displayed for information only. Zoning RM-9A stamped from the city record on 2026-07-25.