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6457 ONTARIO STREET, Vancouver

$3,289,000

This 5,247 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.

WELL maintained and newly renovated(2022) home situated on a highly desirable 49.5 x 106 ft lot with exciting future medium to high density redevelopment potential. Located in the heart of prestigious Oakridge, this property offers an exceptional long-term opportunity in one of Vancouver's most sought-after growth corridors. Enjoy unmatched convenience with Oakridge Park, world-class shopping, dining, and amenities just a short walk away, along with quick access to the Canada Line at Oakridge Station for effortless travel throughout the city. A rare chance to secure a well-kept home on a prime lot in a rapidly transforming neighbourhood-ideal for end-users, investors, or developers looking ahead to the next wave of urban planning.

How this price compares

This lot asks $627 per square foot of lot. That is 40% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 607 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
$3,289,000
Lot size
5,247 sqft
Lot dimensions
49.5 x 106
Frontage
49.5 ft
Bedrooms
2
Bathrooms
3
Year built
1941
Zoning
RM-8A
MLS® area
Oakridge VW
MLS® number
R3135622

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Listing data via MLS®. Displayed for information only. Zoning RM-8A stamped from the city record on 2026-07-25.