5662 LABURNUM STREET, Vancouver
$3,599,000
This 9,284.2 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.
Rare Second Shaughnessy-area opportunity on a 76.1' x 122' lot, approximately 9,284 sq.ft., with R1-1 zoning and lanes on both the south and east sides. This substantial 3,476 sq.ft. residence offers generous principal rooms, cross hall living/dining, 5 bedrooms plus den, sunroom, recreation room and a 450 sq.ft. garage. A classic West Side home with character, scale and outdoor space, including a large deck and private yard. Excellent potential for multiplex redevelopment or a thoughtful historical renovation in one of Vancouver’s most established neighbourhoods. Close to Kerrisdale, Oakridge, top schools, parks and transit. Some photos have been digitally edited/virtually decluttered; permanent features and finishes have not been altered.
How this price compares
This lot asks $388 per square foot of lot. That is 13% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 244 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
- $3,599,000
- Lot size
- 9,284.2 sqft
- Lot dimensions
- 76.1 x 122
- Frontage
- 76.1 ft
- Bedrooms
- 5
- Bathrooms
- 4
- Year built
- 1928
- Zoning
- R1-1
- MLS® area
- Shaughnessy
- MLS® number
- R3124904
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.