3 SE MARINE DRIVE, Vancouver
$3,800,000
This 5,610 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.
Developer & Investor Alerts - Land Assembly for Vancouver Secured Rental Program. Walking distance to Marine Drive Canada Line station, Marine Gateway shopping complex, Winona park, Langara college and Langara Golf course. Excellent Transit. Do not miss the development opportunity for a 3 Lots Assembly with a total of 16,695 SQFT. The project has potential for a 5-6 Storey Secured Rental Policy Building. Potential density of [contact removed] FSR. To be sold as part of a land assembly. (3 Marine Drive SE/ 7970/795 Ontario Street)
How this price compares
This lot asks $677 per square foot of lot. That is 52% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 644 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
- $3,800,000
- Lot size
- 5,610 sqft
- Lot dimensions
- 0 x
- Frontage
- 0 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1956
- Zoning
- R1-1
- MLS® area
- South Vancouver
- MLS® number
- R3075364
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-27.