5808 OLYMPIC STREET, Vancouver
$3,198,000
This 7,920 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.
A charming family home in the heart of Dunbar/Southlands, offered for the first time in 40 yrs. A rare opportunity to own an extensively renovated, meticulous home on a sprawling 66x120 ft lot w/ mature landscaping. Natural light pours into each space, throughout lush gardens & landscaping creating a quiet, serene setting. Original architectural details carefully preserved, blending historic charm w/ modern comfort. Renos in 2008 incl. new piping & wiring, new windows & restored hardwood flooring, along w/ custom millwork throughout, custom window coverings & central vacuum. Kitchen finished w/ SS appliances & opens up through double doors to a sun filled patio and and lush backyard. 1 car garage. Close to Dunbar shops/cafes, Crofton, St Georges, Bus Loop, Endowment Lands & more.
How this price compares
This lot asks $404 per square foot of lot. That is 10% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 279 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
- $3,198,000
- Lot size
- 7,920 sqft
- Lot dimensions
- 66 x 120.00
- Frontage
- 66 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1931
- Zoning
- R1-1
- MLS® area
- Southlands
- MLS® number
- R3144471
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.