5521 COLUMBIA STREET, Vancouver
$3,999,000
This 5,635 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.
INVESTORS! DEVELOPERS! To be sold together with 5507 Columbia Street, offering a combined frontage of 98 ft and depth of 115 ft (11,275 sqft)Northwest Corner lot for 14 units Townhomes development! Prime Cambie Corridor. Excellent Investment to Hold Own to Live, Rent Out, Build and Develop. Approved for Townhomes.1.2 FSR. Quiet and Convenient neighbourhood in a very desirable location and future Oakridge Town Centre. Steps to Queen Elizabeth Park, tennis, Pitch and Putt, Oakridge Shopping, Canada Line, Minutes to Downtown, UBC, Richmond, Airport, Langara College, Golf Course. Walk to shops, banks, medical, dental offices. Charming 3 bedroom character home has been lovingly tenanted. Don't Miss this Golden Opportunity to own this attractive piece of Vancouver real estate!
How this price compares
This lot asks $710 per square foot of lot. That is 59% above the median of $447 across the 754 active lots VanPlex is showing in Vancouver, and puts it 658 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
- $3,999,000
- Lot size
- 5,635 sqft
- Lot dimensions
- 49 x 115
- Frontage
- 49 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1946
- Zoning
- R1-1
- MLS® area
- Cambie
- MLS® number
- R3070586
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.