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5362 CYPRESS STREET, Vancouver

$5,598,000

This 10,627 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.

OH: SUNDAY JULY 26TH 3-4PM. Reimagined by acclaimed designer Gillian Segal and masterfully renovated by EYCO Construction, 5362 Cypress is a one-of-a-kind residence where timeless character and contemporary living exist in perfect balance. Original architectural details, bespoke millwork, and richly layered finishes create interiors that feel both elevated and deeply inviting. The dreamy primary suite opens to a private terrace surrounded by lush greenery, while the lower level offers exceptional family living with flexible lounge space. Outside, enjoy a resort-inspired backyard with pool, expansive entertaining deck, detached gym, and beautifully landscaped gardens. An extraordinary home for those who appreciate exceptional design & craftsmanship. OPEN HOUSE SATURDAY AUGUST 8TH 3-4PM.

How this price compares

This lot asks $527 per square foot of lot. That is 18% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 500 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
$5,598,000
Lot size
10,627 sqft
Lot dimensions
78 x 136.25
Frontage
78 ft
Bedrooms
5
Bathrooms
4
Year built
1926
Zoning
R1-1
MLS® area
Shaughnessy
MLS® number
R3143550

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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-27.