3791 INVERNESS STREET, Vancouver
$1,980,000
This 6,039 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.
Calling all investors, developers, and builders! Seize this exceptional and rare offering—a highly sought-after CORNER LOT in a rapidly evolving and desirable East Vancouver neighborhood. This is the ideal opportunity for those looking to capitalize on a premiere location. The property boasts a large, flat 6,039 Sq Ft lot setting the stage for significant future development. The site offers great development opportunities including, but not limited to, the potential for detached residence with coach house or 4-PLEX (Buyer to verify with City of Vancouver) The location is superb, offering residents quick access to schools, shopping, parks, and trails, ensuring strong future demand for any completed project. Don't miss out on this standout investment. Contact us today for more details.
How this price compares
This lot asks $328 per square foot of lot. That is 27% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 89 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
- $1,980,000
- Lot size
- 6,039 sqft
- Lot dimensions
- 49.5 x 122
- Frontage
- 49.5 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1920
- Zoning
- RT-10
- MLS® area
- Knight
- MLS® number
- R3106649
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Listing data via MLS®. Displayed for information only. Zoning RT-10 stamped from the city record on 2026-07-25.