2834 VICTORIA DRIVE, Vancouver
$1,798,000
This 4,026 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.
Huge Character 4 Suite House Plus Coach House on 33’x122’ Lot in choice "Commercial Drive", 1 Blk to Trout Lake. 4 Level, 3462 SF Main House has 4 S/C Units: Top Flr: 2 Lvl 1178 SF 3 Bdrm, Main Flr: 1012 SF, 2 Bdrm, Ground Lvl: 800 SF 2 Bdrm Unit & 300 SF Studio PLUS Rear Yard gorgeous 675 SF 2 Lvl 2 Bdrm Coach House-Total Area 4137 SF. All Suites are in Excellent Condition. The 4 “House” Suites rented to Great Tenants. Income $9,622/mo $115,476/yr, (Coach Hse, Owner Occ est) 5.3% Cap Rate w great upside! All Suites are attractive & the versatile Suite mix & Coach Hse makes this a Very Cool, Special Investment or Perfect for Owner Occ. Don’t Miss! Showing by Appt w 2 Day Notice. Call LS Info Pkg, Flr Plan, To View. Showing Sat Aug 15 @ noon gone by 1:00pm by Appointment Call To Attend.
How this price compares
This lot asks $447 per square foot of lot. That is about the same as the median of $447 across the 754 active lots VanPlex is showing in Vancouver, and puts it 375 of 754 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
- $1,798,000
- Lot size
- 4,026 sqft
- Lot dimensions
- 33 x 122
- Frontage
- 33 ft
- Bedrooms
- 10
- Bathrooms
- 5
- Year built
- 1910
- Zoning
- RT-5
- MLS® area
- Grandview Woodland
- MLS® number
- R3143408
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Listing data via MLS®. Displayed for information only. Zoning RT-5 stamped from the city record on 2026-07-25.