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4327 W 12TH AVENUE, Vancouver

$2,490,000

This 4,026 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.

Nestled on a quiet, tree-lined street in the heart of prestigious Point Grey, this charming home blends timeless charm with modern family living. The welcoming front veranda and private split-level backyard create the perfect setting for relaxing and entertaining. The main floor features spacious living and dining areas, a gourmet kitchen with premium appliances, a large island, ample pantry storage, and one bedroom. Upstairs offers two bedrooms, including a generous primary bedroom with a walk-in closet. The lower level has a separate entrance and includes a one-bedroom plus flex suite with its own kitchen and living room. Just minutes to Pacific Spirit Park, Spanish Banks Beach, UBC, shopping, transit, and within the sought-after Lord Byng & Queen Elizabeth catchments.

How this price compares

This lot asks $618 per square foot of lot. That is 38% above the median of $447 across the 756 active lots VanPlex is showing in Vancouver, and puts it 601 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
$2,490,000
Lot size
4,026 sqft
Lot dimensions
33 x 122
Frontage
33 ft
Bedrooms
4
Bathrooms
3
Year built
1925
Zoning
R1-1
MLS® area
Point Grey
MLS® number
R3154151

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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-08-10.