2587 YALE STREET, Vancouver
$3,399,999
This 8,705.36 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.
Rare opportunity at 2587 Yale St in desirable Hastings-Sunrise. This 5 bedroom, 3 bathroom, home sts on a large R1-1 corner lot with breathtaking views of Burrard Inlet, the North Shore Mountains, port, and city skyline. A prime holding property, renovation project, or redevelopment opportunity with strong future upside. Current R1-1 zoning may allow for multiplex/strata development, making this an excellent option for builders, investors, or users looking to create something special. quiet tree-lined setting close to New Brighton Park, Hastings amenities, schools, transit, and quick access to Downtown Vancouver and Highway 1. Buyer to verify all measurements, zoning, redevelopment potential, and City requirements.
How this price compares
This lot asks $391 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 246 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
- $3,399,999
- Lot size
- 8,705.36 sqft
- Lot dimensions
- 66 x 131.96
- Frontage
- 66 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1946
- Zoning
- R1-1
- MLS® area
- Hastings Sunrise
- MLS® number
- R3149230
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.