3115 E 49 AVENUE, Vancouver
$1,698,000
This 4,119.3 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.
Situated in the heart of Killarney, a family-oriented pocket of South Vancouver, this home offers exceptional access to everyday conveniences and vibrant community amenities. Enjoy being just minutes to Killarney Park and the scenic Fraserview Golf Course, perfect for recreation and relaxation. Families will appreciate proximity to reputable schools, while commuters benefit from easy transit and major routes. Shopping and dining are close by along Victoria Drive and at Champlain Square. The home also offers potential for an in-law suite or mortgage helper, adding flexibility and value in this well-established neighbourhood. This is the perfect opportunity to make this home your own or build your dream home in the future. Call now for your private viewing. Note some photos virtually staged.
How this price compares
This lot asks $412 per square foot of lot. That is 8% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 299 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
- $1,698,000
- Lot size
- 4,119.3 sqft
- Lot dimensions
- 45 x 91.54
- Frontage
- 45 ft
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1963
- Zoning
- R1-1
- MLS® area
- Killarney VE
- MLS® number
- R3101438
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.