624 W 30TH AVENUE, Vancouver
$3,999,900
This 8,244.88 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.
Live well now, build later, this offers both. A very liveable 2,830 sq ft character home on a 56 ft x 8,245 sq ft lot, one block from Queen Elizabeth Park and minutes to King Edward Station and Oakridge Park. The real story is the land: Tier 3 of the King Edward TOA (up to 3.0 FSR, 8-storey rental potential), inside the Phase 3 Cambie Corridor Plan and the Villages Plan, with outright R1-1 multiplex zoning and RM-8 stacked townhouse potential. Multiple zoning pathways mean multiple exits: hold and rent, build a multiplex, pursue townhouses, or explore assembly with neighbouring lots for a transit-oriented rental project. Family-friendly block, top school catchments, and a land bank that grows more valuable with every policy shift. Opportunities like this rarely surface.
How this price compares
This lot asks $485 per square foot of lot. That is 9% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 439 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
- $3,999,900
- Lot size
- 8,244.88 sqft
- Lot dimensions
- 56 x 147.23
- Frontage
- 56 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1946
- Zoning
- R1-1
- MLS® area
- Cambie
- MLS® number
- R3146830
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.