2472 E 12TH AVENUE, Vancouver
$2,450,000
This 6,323.11 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.
A rare East Van Vancouver Special offering nearly 4,800 sqft of flexible living. The main floor has a 1528 sqft 3 bedroom, 2 bathroom home and the top floor has another 1539 sqft 3 bedroom, 2 bathroom home. The finished basement with separate entry is another 1689 sqft and adds further options for additional living, income or shared use. This property is exceptionally well suited for co-housing or multi-generational families, offering separate, generous spaces under one roof. Set on a 49.71’ x 127.2’ lot with RM-8A zoning which allows a range of options and 1.2 FSR making it an ideal development site. Loaded with potential and strong future upside! Centrally located near Van Tech Secondary, Trout Lake Community Centre, shopping, schools and Skytrain.
How this price compares
This lot asks $387 per square foot of lot. That is 13% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 240 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
- $2,450,000
- Lot size
- 6,323.11 sqft
- Lot dimensions
- 49.71 x 127.2
- Frontage
- 49.71 ft
- Bedrooms
- 6
- Bathrooms
- 5
- Year built
- 1976
- Zoning
- RM-8A
- MLS® area
- Renfrew Heights
- MLS® number
- R3112682
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Listing data via MLS®. Displayed for information only. Zoning RM-8A stamped from the city record on 2026-07-25.