2503 E 27TH AVENUE, Vancouver
$1,499,900
This 3,630 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.
Exceptional corner-lot opportunity in the highly desirable Collingwood area! The home offers a bright, functional main floor layout, complemented by a fully finished basement that includes a separate entrance and a second kitchen for excellent income potential. Situated in an unbeatable, transit-friendly location, you are merely a 5-minute walk from Nanaimo SkyTrain Station, alongside great local parks, shopping, and excellent school catchments. A perfect property to hold, rent, or eventually rebuild.
How this price compares
This lot asks $413 per square foot of lot. That is 8% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 302 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
- $1,499,900
- Lot size
- 3,630 sqft
- Lot dimensions
- 33 x 110
- Frontage
- 33 ft
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- 1955
- Zoning
- R1-1
- MLS® area
- Collingwood VE
- MLS® number
- R3154034
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-08-10.