665 W 29TH AVENUE, Vancouver
$4,500,000
This 6,527 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.
Prime Cambie Corridor Phase 3 opportunity on a 56' x 116.55' lot. This well-maintained home offers 4 bedrooms and 2 bathrooms, featuring a spacious main floor with large kitchen and eating area, separate dining room, and an expansive deck ideal for entertaining. The lower level includes a rec room, laundry room, and a self-contained 1-bedroom suite. Additional highlights include a new roof, 2-car garage, and mountain views. Ideally located steps from Queen Elizabeth Park, Oakridge Centre, and the Canada Line. Excellent holding property, investment, or future development opportunity with potential RM-8 rezoning allowing up to 1.2 FSR and approximately 7,832 sq. ft. of multifamily development potential.
How this price compares
This lot asks $689 per square foot of lot. That is 54% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 653 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
- $4,500,000
- Lot size
- 6,527 sqft
- Lot dimensions
- 56 x 116.55
- Frontage
- 56 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1946
- Zoning
- R1-1
- MLS® area
- Cambie
- MLS® number
- R3131196
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.