6519 CYPRESS STREET, Vancouver
$3,280,000
This 6,500 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.
Charming Craftsman-style home on a 50' x 130' lot in the heart of Kerrisdale. This 6-bedroom home has been continuously renovated over the past 10 years while preserving its timeless character. Features include leaded glass windows, wainscoting, refinished hardwood floors, 9' ceilings on the main floor, spacious living and dining rooms with beautiful woodwork, an updated kitchen and bathrooms, newer furnace, hot water tank, washer/dryer, carpet, and paint. The home also offers a legal 3-bedroom basement suite with a separate entrance, providing excellent mortgage helper potential. Located within the sought-after Magee Secondary and Maple Grove Elementary school catchments. Outstanding development opportunity with the potential to build up to 6 multiplex units.
How this price compares
This lot asks $505 per square foot of lot. That is 13% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 467 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
- $3,280,000
- Lot size
- 6,500 sqft
- Lot dimensions
- 50 x 130
- Frontage
- 50 ft
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- 1921
- Zoning
- R1-1
- MLS® area
- Kerrisdale
- MLS® number
- R3142247
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.