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5433 ASH STREET, Vancouver

$2,999,000

This 8,448 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.

Rancher with basement home on an almost 8500 sq ft lot on a quiet street in a very desirable Cambie neighborhood. Fabulous development potential or build a dream home. Very livable home offers main floor with 3 bedrooms and basement with bedroom, rec room, flex room and more. Nice back yard with laneway access to carport and garage. Walking distance to Oakridge Mall, Cambie skytrain station and QE park. School catchment includes Jamieson Elementary and Eric Hamber Secondary. Month to month tenant but easy to show with some notice.

How this price compares

This lot asks $355 per square foot of lot. That is 21% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 139 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
$2,999,000
Lot size
8,448 sqft
Lot dimensions
61 x 138.5
Frontage
61 ft
Bedrooms
4
Bathrooms
2
Year built
1953
Zoning
R1-1
MLS® area
Cambie
MLS® number
R3152374

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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-08-04.