2873 E 54TH AVENUE, Vancouver
$1,825,000
This 5,332 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.
Move in ready! Updated 5-bedroom, 3-bathroom home offering 2,100+ sqft on a 5,332 sqft lot with laneway access and a detached garage. This property features flexible living space with a separate-entry basement suite, and thoughtful updates. Conveniently located within walking distance to schools, shopping, retail, and Champlain Square. Live in, hold, or build in this highly desirable location!
How this price compares
This lot asks $342 per square foot of lot. That is 23% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 113 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
- $1,825,000
- Lot size
- 5,332 sqft
- Lot dimensions
- 43 x
- Frontage
- 43 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1954
- Zoning
- R1-1
- MLS® area
- Killarney VE
- MLS® number
- R3146057
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.