2911 E 51ST AVENUE, Vancouver
$2,488,000
This 6,819 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.
Prime Killarney Location!Situated on a rare 49.83' x 143' corner lot,the property offers exceptional potential for homeowners, investors, and developers alike.The spacious home features over 3,000 sq. ft. of living space,including 6 bedrooms upstairs,3 bathrooms,plus a potential 2-bedroom basement suite with excellent mortgage-helper potential.Hold,renovate,or build—a fantastic opportunity with multiplex development potential (buyer to verify with the City).Ideally located within walking distance to Killarney Secondary School,Community Centre,parks,shopping, and transit.The existing home is solid,spacious,&move-in ready,offering possibilities for renovation,investment,or future redevelopment.A rare opportunity to secure a large corner lot in one of Vancouver’s most desirable neighbourhoods
How this price compares
This lot asks $365 per square foot of lot. That is 18% below the median of $447 across the 754 active lots VanPlex is showing in Vancouver, and puts it 171 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
- $2,488,000
- Lot size
- 6,819 sqft
- Lot dimensions
- 49.8 x 143
- Frontage
- 49.8 ft
- Bedrooms
- 7
- Bathrooms
- 3
- Year built
- 1957
- Zoning
- R1-1
- MLS® area
- Killarney VE
- MLS® number
- R3133300
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.