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3168 GRANDVIEW HIGHWAY, Vancouver

$3,500,000

This 4,023.28 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.

Seize this rare opportunity to acquire a premium property in one of Vancouver’s most sought-after growth corridors. Strategically located within the Transit-Oriented Area (TOA) Policy and the Renfrew–Rupert Station Area Plan, this site offers exceptional redevelopment potential. Whether as a standalone project or part of a future land assembly, this property presents strong upside for investors and builders looking to capitalize on long-term value.

How this price compares

This lot asks $870 per square foot of lot. That is 95% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 711 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
$3,500,000
Lot size
4,023.28 sqft
Lot dimensions
33 x 122
Frontage
33 ft
Bedrooms
5
Bathrooms
3
Year built
1970
Zoning
R1-1
MLS® area
Renfrew Heights
MLS® number
R3151748

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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-31.