4678 W 3RD AVENUE, Vancouver
$5,803,000
This 11,088 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.
Please note that it should be emphasized that if redeveloping, the top floor the ocean & sea & water view will be an excellent, direct view. Ocean / Sea / Water view property on a rare 66x168 ft (approx. 11,088 sqft) lot in prestigious Point Grey, offering stunning mountain, ocean, sea, water and city views. This traditional family home features over 5,100 sqft of living space with a south-facing backyard and lance access. Updates include a new kitchen, hardwood floors, double-glazed windows (2015), roof (2014), furnace (2018) and hot water tank (2019). Excellent WPGA, Queen Mary and Lord Byng catchments. Steps to UEL trails, 10th Avenue shops, UBC and the beach. Exceptional opportunity to hold, rebuild, or explore multi-unit, duplex or single-family options.
How this price compares
This lot asks $523 per square foot of lot. That is 17% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 496 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
- $5,803,000
- Lot size
- 11,088 sqft
- Lot dimensions
- 66 x 168
- Frontage
- 66 ft
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- 1920
- Zoning
- R1-1
- MLS® area
- Point Grey
- MLS® number
- R3119847
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.