4355 W 3RD AVENUE, Vancouver
$5,398,000
This 11,127.6 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.
Rare opportunity in the heart of Point Grey, north of 4th Avenue. Set on an expansive 66' x 168.6' lot (2 legal 33' x 168.6' lots), this 3,975 sqft home offers 4 bedrooms, 2.5 baths, and 3 levels of living. Main floor features spacious principal rooms, a formal living & dining room, office, large balcony overlooking the backyard, and a kitchen opening to rear deck. Upstairs offers a lounge, 4th bedroom, and bright solarium. The lower level includes a large rec room, family room, laundry, & storage. Renovate, hold or redevelop. Walk to iconic beaches or bike to West 4th's shops, cafés, and restaurants. Surrounded by parks, waterfront trails, and an abundance of recreational amenities, this exceptional location offers the very best of Point Grey and walking distance to Kitsilano.
How this price compares
This lot asks $485 per square foot of lot. That is 9% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 438 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
- $5,398,000
- Lot size
- 11,127.6 sqft
- Lot dimensions
- 66 x 168.6
- Frontage
- 66 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1940
- Zoning
- R1-1
- MLS® area
- Point Grey
- MLS® number
- R3145463
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.