4518 W 12TH AVENUE, Vancouver
$2,150,000
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.
Charming character home in Vancouver’s prestigious Point Grey. Situated on a quiet street in one of the Westside’s most desirable neighbourhoods. 2 bedrooms, 1 bath on main floor with unfinished basement offers 2,062 sq. ft. of interior space on a 33’ x 122’ lot. Presenting exceptional potential to renovate, hold, or build your dream home. Main floor features 2 bedrooms, designated living and dining areas, as well as bright kitchen opening to sun-drenched south-facing backyard featuring a spacious sun deck surrounded by lush greenery, creating a private and serene outdoor setting. Ideally located near top schools, parks, shopping, transit, and easy access to UBC, this is a rare opportunity to own in a premier Westside location.
How this price compares
This lot asks $534 per square foot of lot. That is 19% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 512 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
- $2,150,000
- Lot size
- 4,026 sqft
- Lot dimensions
- 33 x 122
- Frontage
- 33 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1945
- Zoning
- R1-1
- MLS® area
- Point Grey
- MLS® number
- R3125099
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.