5088 GRANVILLE STREET, Vancouver
$4,188,000
This 10,150 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.
Prime Shaughnessy quality family home situated on a large 10,150 sq.ft. corner lot. Completely rebuilt in 1997 and updated in 2014 (foundation excluded). This well-designed and highly functional floor plan features four spacious ensuite bedrooms on the upper level. The main floor offers a bright kitchen with eating area, formal living room, family room, and an oversized bedroom with its own ensuite—ideal for guests or extended family. The basement includes an unauthorized suite, providing excellent mortgage helper or accommodation potential. Located in one of Vancouver’s most desirable neighbourhoods and within the catchment of top-ranked schools, Sir William Osler Elementary School and Eric Hamber Secondary School. Conveniently close to shopping, parks, and transits.
How this price compares
This lot asks $413 per square foot of lot. That is 8% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 300 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
- $4,188,000
- Lot size
- 10,150 sqft
- Lot dimensions
- 70 x 145
- Frontage
- 70 ft
- Bedrooms
- 7
- Bathrooms
- 9
- Year built
- 1946
- Zoning
- R1-1
- MLS® area
- Shaughnessy
- MLS® number
- R3137675
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.