2474 E 5TH AVENUE, Vancouver
$2,475,000
This 5,368 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.
Wow, this beautiful character home in East Van, off Nanaimo, is move-in ready and has it all. This great-condition home sits on a beautiful, quiet, treed street on an extra-large lot of 44' by 122', has three suites with the potential to add a fourth, and is zoned for a laneway house. The home has been renovated in the past, along with the roof. It has a beautiful garden, a detached garage, and a workshop/storage area with extra parking. This home has future potential, plus existing mortgage helpers, making it a must-see. Call to book your private appointment.
How this price compares
This lot asks $461 per square foot of lot. That is 3% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 402 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
- $2,475,000
- Lot size
- 5,368 sqft
- Lot dimensions
- 44 x 122
- Frontage
- 44 ft
- Bedrooms
- 5
- Bathrooms
- 4
- Year built
- 1929
- Zoning
- R1-1
- MLS® area
- Renfrew VE
- MLS® number
- R3145832
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.