3425 W 8TH AVENUE, Vancouver
$2,799,999
This 4,638 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! Vancouver’s ideally located Kits Beach and Jericho Beach. Prime RT-7 zoned property allowing for Two-Family Dwelling use, with additional OCP: Residential Multiplex, investment, holding, or future building opportunity in one of the city’s most sought-after neighbourhoods. Extensively updated with a new roof, high-efficiency furnace, instant hot water system, complete rewiring, upgraded plumbing, and advanced waterproofing with new concrete foundation work. Interior improvements include new vinyl flooring, freshly painted interiors, and cabinets, basement has a separate entrance,garden, and fine gravel, back lane. . Buyer to verify zoning, development potential, and City requirement. SHOWING BY APPT ONLY. Open house July 1st-5th/Wed-Sun 2-4pm
How this price compares
This lot asks $604 per square foot of lot. That is 35% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 590 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
- $2,799,999
- Lot size
- 4,638 sqft
- Lot dimensions
- 44 x 105.15
- Frontage
- 44 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1925
- Zoning
- RT-7
- MLS® area
- Kitsilano
- MLS® number
- R3126353
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Listing data via MLS®. Displayed for information only. Zoning RT-7 stamped from the city record on 2026-07-25.