5350 CECIL STREET, Vancouver
$1,488,000
This 3,465 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 redevelopment opportunity! Just steps from the SkyTrain. This well-maintained 4-bedroom, 2-bathroom home offers over 1,800 sq. ft. of living space. Positioned for increased density under Vancouver's TOA zoning framework, the property offers outstanding future redevelopment potential. With neighboring properties also presenting land assembly opportunities, this is an exceptional opportunity for developers, builders, and long-term investors. Enjoy a highly convenient location within walking distance to the SkyTrain, shopping, parks, schools. Don’t miss out on this.
How this price compares
This lot asks $429 per square foot of lot. That is 4% below the median of $447 across the 754 active lots VanPlex is showing in Vancouver, and puts it 346 of 754 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
- $1,488,000
- Lot size
- 3,465 sqft
- Lot dimensions
- 33 x 105
- Frontage
- 33 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1912
- Zoning
- RM-9B
- MLS® area
- Collingwood VE
- MLS® number
- R3141946
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Listing data via MLS®. Displayed for information only. Zoning RM-9B stamped from the city record on 2026-07-25.