429 E 50TH AVENUE, Vancouver
$1,899,900
This 5,812 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.
Bungalow with basement on a prime 5,812 sq. ft., 43.89' x 132.43' lot on a quiet street between Main and Fraser, close to Sunset Community Centre and Park. Fantastic location with multiplex development potential. The lot is on the high side of the street which may offer a view to the south from a new dwelling. Modern 3-car garage plus an adjoining driveway off the back lane.
How this price compares
This lot asks $327 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 87 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
- $1,899,900
- Lot size
- 5,812 sqft
- Lot dimensions
- 43.89 x 132.43
- Frontage
- 43.89 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1948
- Zoning
- R1-1
- MLS® area
- South Vancouver
- MLS® number
- R3136791
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.