475 W 27TH AVENUE, Vancouver
$3,099,000
This 7,254.6 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.
ATTN Builders & Investors: Transit-Oriented Development Opportunity in Prime Cambie Location! Well maintained, functional home on this exceptional corner lot in the heart of Cambie Village, just steps to King Edward SkyTrain & Queen Elizabeth Park. This 58x125 ft flat lot presents prime redevelopment opportunity under Cambie Corridor Phase 3 plan. Positioned within 400m of rapid transit, the site offers significant density potential, incl stacked townhomes, multi-unit residential or potential mid-rise development subject to City approval. Unmatched Westside location, surrounded by established amenities incl Oakridge Centre, Hillcrest Community Centre, top-ranked schools (General Wolfe & Eric Hamber) & quick access to DT. Rare offering! Secure your position in this high-demand corridor.
How this price compares
This lot asks $427 per square foot of lot. That is 4% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 337 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
- $3,099,000
- Lot size
- 7,254.6 sqft
- Lot dimensions
- 58.06 x 124.95
- Frontage
- 58.06 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1941
- Zoning
- R1-1
- MLS® area
- Cambie
- MLS® number
- R3140153
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.