266 E 32ND AVENUE, Vancouver
$1,590,000
This 1,921.75 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.
Beautifully renovated Vancouver home in a prime central location, just a 2-minute walk to Main Street's shops, cafés, restaurants and transit, while tucked far enough away to enjoy peace and quiet. Major updates are already done, including roof, gutters, windows, appliances, hot water system and heating, offering true move-in peace of mind. Close to Oakridge, Queen Elizabeth Park and everyday amenities, with a high walk score and sought-after school catchment. The basement was previously rented for $1,800/month, offering excellent mortgage-helper potential. Friendly neighbourhood with an annual block party, plus future upside from recent zoning changes and possible land assembly potential. Buyer to verify. Open house August 16th 2-4PM.
How this price compares
This lot asks $827 per square foot of lot. That is 85% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 698 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
- $1,590,000
- Lot size
- 1,921.75 sqft
- Lot dimensions
- 25.7 x 74.75
- Frontage
- 25.7 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1913
- Zoning
- R1-1
- MLS® area
- Main
- MLS® number
- R3133967
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.