3707 ARBUTUS STREET, Vancouver
$2,698,000
This 5,500 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 Vancouver’s prestigious Arbutus neighbourhood, this exceptional 5,500 sq. ft. corner property presents a rare opportunity to own in one of Vancouver West’s most sought-after communities. Existing house (3 bed 2 bath) is well-maintained and move-in ready, providing flexibility for immediate occupancy, rental income. Residents will enjoy proximity to top-ranked public and private schools, the University of British Columbia (UBC), upscale shopping, parks, and excellent transit connections. With redevelopment possibilities including a duplex, triplex, or up to six dwelling units (subject to applicable approvals and regulations), this property represents an outstanding opportunity for homeowners, investors, and developers alike.
How this price compares
This lot asks $491 per square foot of lot. That is 10% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 447 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
- $2,698,000
- Lot size
- 5,500 sqft
- Lot dimensions
- 44 x 125
- Frontage
- 44 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1918
- Zoning
- R1-1
- MLS® area
- Arbutus
- MLS® number
- R3134601
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.