4691 W 5TH AVENUE, Vancouver
$3,500,000
This 8,094.24 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.
Situated on an exceptional 66' x 122.64' lot in the heart of Point Grey, this rare offering presents an incredible opportunity to hold, renovate, or build your dream home. The existing residence features 4 bedrooms and 1 bathroom. The main level offers a spacious living room, dining room, kitchen with access to the rear porch and private backyard, plus 2 bedrooms. The lower level includes 2 additional bedrooms, a large storage area, and laundry facilities. Enjoy an unparalleled West Side lifestyle just moments from Jericho Beach, Pacific Spirit Park, UBC, and the vibrant shops and restaurants along West 4th Avenue. Surrounded by top-ranked schools in one of Vancouver's most coveted neighbourhoods, this is an exceptional opportunity not to be missed. Call today.
How this price compares
This lot asks $432 per square foot of lot. That is 3% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 351 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
- $3,500,000
- Lot size
- 8,094.24 sqft
- Lot dimensions
- 66 x 122.64
- Frontage
- 66 ft
- Bedrooms
- 4
- Bathrooms
- 1
- Year built
- 1940
- Zoning
- R1-1
- MLS® area
- Point Grey
- MLS® number
- R3145747
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.