2997 W 38TH AVENUE, Vancouver
$3,399,000
This 5,692 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.
Extensively Renovated corner lot Craftsman home in Kerrisdale showcasing exceptional quality throughout. Main level features cherry hardwood floors, a renovated kitchen with updated cabinetry, LED lighting, coffered ceilings, custom millwork, engineered beams, surround sound wiring & beautifully redesigned front & rear additions by Formworks Architecture. Upstairs offers a spacious primary ensuite with heated floors, skylight, double shower, custom cabinetry, plus an updated family bath with heated floors. Lower level includes a renovated guest suite, office, playroom, high efficiency furnace & new 50 high efficiency gallon hot water tank. Professionally landscaped with irrigation, composite decking, BBQ, firepit & patio heater, epoxy garage floor, new fencing, & extensive custom ironwork.
How this price compares
This lot asks $597 per square foot of lot. That is 34% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 581 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
- $3,399,000
- Lot size
- 5,692 sqft
- Lot dimensions
- 43.65 x 130.4
- Frontage
- 43.65 ft
- Bedrooms
- 4
- Bathrooms
- 5
- Year built
- 1920
- Zoning
- R1-1
- MLS® area
- Kerrisdale
- MLS® number
- R3148168
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.