4279 W 16TH AVENUE, Vancouver
$2,788,880
This 5,602.8 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.
Point Grey starter home on a 46' Point Grey starter home on a 46' x 121.8' (5,600+ sq. ft.) lot. This 3-bedroom, 2,100 sq. ft. home is mostly in original condition and ready for your renovation ideas, within walking distance to Lord Byng Secondary, Queen Elizabeth Elementary, and St. George's School and more. Excellent holding or redevelopment opportunity with potential for duplex or multiplex development. Strong rental potential with estimated income for 5k/M The property is offered for sale as is.
How this price compares
This lot asks $498 per square foot of lot. That is 11% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 460 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
- $2,788,880
- Lot size
- 5,602.8 sqft
- Lot dimensions
- 46 x 121.8
- Frontage
- 46 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1941
- Zoning
- R1-1
- MLS® area
- Point Grey
- MLS® number
- R3135061
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.