2520 E 24 AVENUE, Vancouver
$1,680,000
This 3,960 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.
Excellent Renfrew Heights location near Nanaimo Skytrain Station-only 1 minute's walking distance. Within TOA zoning destination Tier 1 for 20-storey building with FSR 5 or multiplex/duplex/single house development. Nice flat lot 33x120 with an existing 2-level home above ground with 7 bedrooms and 2 bathrooms and a detached 1-car garage. Selling as land value. New building will have potential mountain view with south-exposed backyard. Good potential for investment. Please do not walk into the property to disturb the tenants.
How this price compares
This lot asks $424 per square foot of lot. That is 5% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 333 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
- $1,680,000
- Lot size
- 3,960 sqft
- Lot dimensions
- 33 x 120
- Frontage
- 33 ft
- Bedrooms
- 7
- Bathrooms
- 2
- Year built
- 1932
- Zoning
- R1-1
- MLS® area
- Renfrew Heights
- MLS® number
- R3107257
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.