4520 WELWYN STREET, Vancouver
$1,390,000
This 4,110.61 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.
Conveniently located near Kingsway and Victoria in the Kensington-Cedar Cottage neighborhood. This 32.78 x 125.4, 4110sqft lot sits on a quiet street perfect for builders or investors! To the South, there is Kensington Community Centre and Pool and to the North is Trout Lake with more recreation. School catchment are Lord Selkirk Elementary and Gladstone Secondary.
How this price compares
This lot asks $338 per square foot of lot. That is 24% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 104 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
- $1,390,000
- Lot size
- 4,110.61 sqft
- Lot dimensions
- 32.78 x 125.4
- Frontage
- 32.78 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1957
- Zoning
- R1-1
- MLS® area
- Victoria VE
- MLS® number
- R3124055
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.