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2530 7TH AVENUE, Vancouver

$1,575,000

This 4,026 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.

Attention builders and investors! 33 x122ft (4026 sqft) Exceptional opportunity in the highly sought-after East Vancouver. This property is being offered at land value, perfect for redevelopment or long-term holding. Situated on a desirable lot with convenient lane access, this property offers excellent potential under current zoning. Centrally located just minutes from Commercial Drive, parks, schools, transit, and everyday amenities.

How this price compares

This lot asks $391 per square foot of lot. That is 12% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 248 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
$1,575,000
Lot size
4,026 sqft
Lot dimensions
33 x 122
Frontage
33 ft
Bedrooms
4
Bathrooms
2
Year built
1944
Zoning
R1-1
MLS® area
Renfrew VE
MLS® number
R3109373

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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.