4377 W 12TH AVENUE, Vancouver
$2,489,000
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.
PRIME Point Grey location. This move-in-ready 4 bedroom, 2 bathroom family home is an excellent starter detached house. Thoughtfully renovated in 2021 featuring updated roof, double pane windows, furnace, engineered hardwood flooring, and a premium chef’s kitchen. Comfortable floorplan with a sunbathable great room, oversized primary bdrm, walk-out patio with views, and a basement set up to be potential mortgage helper or in-law suite. Set on a quiet, walkable street close to UBC, top public and private schools, Pacific Spirit Park, transit, shopping, dining, and future Broadway Plan amenities. Strong school catchment and R1-1 zoning offer flexibility to move in, rent out, hold, or build! Open house: Sun(8/9) from 2-4pm.
How this price compares
This lot asks $618 per square foot of lot. That is 38% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 600 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
- $2,489,000
- Lot size
- 4,026 sqft
- Lot dimensions
- 33 x 122
- Frontage
- 33 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1924
- Zoning
- R1-1
- MLS® area
- Point Grey
- MLS® number
- R3145094
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.