271 E 38TH AVENUE, Vancouver
$1,900,000
This 4,000 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.
Priced for immediate sale is this one-owner custom residence situated on a quiet street, one block east of Main, on a 32’ x 125’ lot. This family home boasts the perfect floor plan with three bedrooms up, including a principal bedroom with ensuite, plus a further bedroom on the main floor. The spacious kitchen overlooks the northern sundeck boasting mountain views. This is the first time this house has been on the market in 47 years!
How this price compares
This lot asks $475 per square foot of lot. That is 6% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 423 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
- $1,900,000
- Lot size
- 4,000 sqft
- Lot dimensions
- 32 x 125
- Frontage
- 32 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1978
- Zoning
- R1-1
- MLS® area
- Main
- MLS® number
- R3053816
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.