2635 W 7TH AVENUE, Vancouver
$1,995,000
This 2,997.5 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.
Character 5 Suite Income Property Heart of Kits lovely quiet street w Rear Lane Access. Hse 3241 SF 4 Lvls: Top 1 Bdrm Hskping Suite, Upper Floor 1 Bdrm & Studio Hskping Suites, Main/Down 2 Lvl 2 Bdrm S/C Suite w Laund. Grd Flr 2 Bdrm S/C Suite w sep Entry. Grd Lvl also w shared Laund & sep Storage. Easy to Rent, Long Term Tenants, Gr Inc $85,800/yr w upside. Prime Location Blocks to Famous Kits Beach, Close to Parks, W Broadway, W 4th Shops, Restaurants, Transit. Near Excellent Public & Private Schools, mins to UBC, D/T. Great for Owner Occupiers & Shared Ownership w lots of Mtg Help, Perfect for Investors. Show by Appt w 2 Day Notice. Call LS Info Pkg, Flr Plan To View. Both Main Flr & 1 Upper Suites Available for Buyer Move In or Select next Tenant. Show Wed Aug 5 @ 3:30pm by Appt Call.
How this price compares
This lot asks $666 per square foot of lot. That is 49% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 637 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
- $1,995,000
- Lot size
- 2,997.5 sqft
- Lot dimensions
- 25 x 119/9
- Frontage
- 25 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1912
- Zoning
- RT-8
- MLS® area
- Kitsilano
- MLS® number
- R3139917
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only. Zoning RT-8 stamped from the city record on 2026-07-25.