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3813 W 15TH AVENUE, Vancouver

$2,400,000

This 4,024 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.

Exceptional opportunity in the heart of Point Grey. Set in one of Vancouver’s most coveted neighbourhoods, this property offers outstanding potential for builders, developers, or buyers looking to create something special. The existing bungalow offers vintage character and a simple, functional layout, but the true value is in the land, location, and long-term possibilities. Enjoy a prestigious West Side setting just minutes from top-rated schools, parks, transit, UBC, shops, and everyday amenities. A rare chance to secure a property in a highly desirable area with excellent future potential. Buyers to verify redevelopment options with the City of Vancouver.

How this price compares

This lot asks $596 per square foot of lot. That is 34% above the median of $447 across the 756 active lots VanPlex is showing in Vancouver, and puts it 580 of 756 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
$2,400,000
Lot size
4,024 sqft
Lot dimensions
0.01 x
Frontage
0.01 ft
Bedrooms
4
Bathrooms
2
Year built
1918
Zoning
R1-1
MLS® area
Point Grey
MLS® number
R3039508

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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.