568 W KING EDWARD AVENUE, Vancouver
$5,500,000
This 9,000 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.
Positioned along the prestigious Cambie Corridor, 568 W. King Edward Avenue offers a prime redevelopment and investment opportunity. The site is exceptionally located within 200m of the King Edward Station, providing immediate access to the Canada Line and rapid transit. Within one of Vancouver’s most sought-after growth areas located just off Cambie Street—one of the city’s most active densification corridors—the property benefits from ongoing rezoning initiatives and transit-oriented development that continue to drive strong land values and investor demand. The Cambie Corridor remains a key focus of city planning, supporting a range of development potential from multiplex housing to high-rise towers, reinforcing long-term growth and value.
How this price compares
This lot asks $611 per square foot of lot. That is 37% above the median of $447 across the 754 active lots VanPlex is showing in Vancouver, and puts it 592 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
- $5,500,000
- Lot size
- 9,000 sqft
- Lot dimensions
- 0 x
- Frontage
- 0 ft
- Bedrooms
- 0
- Bathrooms
- 0
- Year built
- 1945
- Zoning
- R1-1
- MLS® area
- Cambie
- MLS® number
- R3118170
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.