438 W 45TH AVENUE, Vancouver
$4,300,000
This 8,342.88 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.
ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Rare opportunity to acquire a 52' x 160.44' (8,342 sq.ft.) property in Vancouver's coveted Oakridge community. Located within the TOD zone and Phase Three of the Cambie Corridor Plan, this site offers significant redevelopment potential, including multiplex and townhouse development opportunities, subject to City approval. Unbeatable location near Oakridge Centre, Canada Line SkyTrain, Queen Elizabeth Park, Langara College, and top-ranking schools. A strategic acquisition in one of Vancouver's fastest-evolving neighbourhoods.
How this price compares
This lot asks $515 per square foot of lot. That is 15% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 486 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
- $4,300,000
- Lot size
- 8,342.88 sqft
- Lot dimensions
- 52 x 160.44
- Frontage
- 52 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1949
- Zoning
- R1-1
- MLS® area
- Oakridge VW
- MLS® number
- R3135552
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.