4514 BELLEVUE DRIVE, Vancouver
$8,900,000
This 7,985.29 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 one of Point Grey’s most coveted locations, north of 4th Avenue. Situated on a prime corner lot in a quiet, exclusive enclave, this property offers breathtaking, unobstructed views of the ocean, city, and North Shore mountains. The well-maintained 5-bedroom, 2-bathroom home offers endless possibilities—move in, renovate, or build your dream home on the expansive 7,985.29 sq. ft. lot. The main floor features spacious principal rooms, a kitchen and eating area opening to a large back deck. Upstairs offers 4 generous bedrooms, while the lower level includes a living room, laundry, and ample storage. Just moments from beaches, parks, top schools, and West 4th amenities. A remarkable offering with exceptional future potential.
How this price compares
This lot asks $1,115 per square foot of lot. That is 149% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 742 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
- $8,900,000
- Lot size
- 7,985.29 sqft
- Lot dimensions
- 77.6 x 104.8
- Frontage
- 77.6 ft
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1954
- Zoning
- R1-1
- MLS® area
- Point Grey
- MLS® number
- R3130398
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.