3302 E 5TH AVENUE, Vancouver
$1,550,000
This 4,026 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.
Investor alert! Location location location! Vancouver special rental property in the new Rupert and Renfrew Station Area Plan with 6 to 8 storeys mixed-use development potential (please consult with the City of Vancouver). Bus stops are less than 100 feet away from the front door. The Rupert Skytrain is 2 bus stops away. Schools, community centres, major parks and shopping are a few minutes way. Easy access to Highway 1.
How this price compares
This lot asks $385 per square foot of lot. That is 14% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 235 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
- $1,550,000
- Lot size
- 4,026 sqft
- Lot dimensions
- 33 x 122
- Frontage
- 33 ft
- Bedrooms
- 10
- Bathrooms
- 5
- Year built
- 1974
- Zoning
- R1-1
- MLS® area
- Renfrew VE
- MLS® number
- R3147604
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.