3053 KINGS AVENUE, Vancouver
$2,853,900
This 3,692.7 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.
Attention Developers & Investors! This prime property features Rl-1 zoning, permitting development of up to 12 storeys. Ideally located on a quiet street, just steps from Slocan Park and the 29th Avenue SkyTrain Station, and situated within the Transit-Oriented Areas (TOA) Plan. Enjoy convenient access to Kingsway shops, Metrotown, and Downtown Vancouver . The assembled lot totals approximately more than 30,000 SQFT across 9 properties - a perfect opportunity to hold or redevelop.
How this price compares
This lot asks $773 per square foot of lot. That is 73% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 690 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
- $2,853,900
- Lot size
- 3,692.7 sqft
- Lot dimensions
- 33 x 111.9
- Frontage
- 33 ft
- Bedrooms
- 6
- Bathrooms
- 2
- Year built
- 1948
- Zoning
- R1-1
- MLS® area
- Collingwood VE
- MLS® number
- R3110072
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.