2662 E 49TH AVENUE, Vancouver
$3,000,000
This 5,206 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.
This property is part of a Land Assembly and must be sold in conjunction with 2612 E 49th Ave, 2638 E 49th Ave and 6505 Wales St (all on MLS). A lot size of approx 21,274 SF with a 185 FT frontage generally qualifies for rezoning under the COV's Secured Rental Policy(SRP) with total buildable of approximately 46,000 to 51,000 SF up to 5 storeys. All information, while deemed to be correct, is not guaranteed. Buyer or Buyer's Agent to verify with COV. Great Location across from Killarney Shopping Centre, short stroll to Corpus Christi School, Waverley & Sir Charles Kingsford-Smith Elementary, Killarney Secondary & Community Centre. Minutes to Champlain Mall, shops, cafe's, restaurants along Victoria Dr & Fraserview Golf Course. Transit on doorstep connecting you to the lower mainland
How this price compares
This lot asks $576 per square foot of lot. That is 29% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 556 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
- $3,000,000
- Lot size
- 5,206 sqft
- Lot dimensions
- 46 x 114.62
- Frontage
- 46 ft
- Bedrooms
- 0
- Bathrooms
- 0
- Year built
- 1965
- Zoning
- R1-1
- MLS® area
- Killarney VE
- MLS® number
- R3103995
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.