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2968 W 20TH AVENUE, Vancouver

$2,258,000

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.

After years of thoughtful renovations and upgrades, this charming 4-bedroom character home in prime Arbutus is a true gem. Enjoy stunning views of Grouse and Cypress Mountains. Conveniently located within walking distance to public transit and top schools, including Trafalgar Elementary, Carnarvon Elementary, Prince of Wales Secondary, and Lord Byng Secondary. The basement offers excellent potential to be converted into a suite. Contact the listing agent for more details. Open House 2 - 4 PM on Jun 20th and Jun 21st, 2026.

How this price compares

This lot asks $561 per square foot of lot. That is 25% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 541 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
$2,258,000
Lot size
4,026 sqft
Lot dimensions
33 x 122.00
Frontage
33 ft
Bedrooms
4
Bathrooms
2
Year built
1919
Zoning
R1-1
MLS® area
Arbutus
MLS® number
R3075386

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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.