6987 BALMORAL STREET, Vancouver
$1,899,999
This 5,208.48 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 lovely home would be blessed by a good family. A solid bungalow with big lot 5208sqft and it has a potential of over 3600 sqft home plus 700 sqft laneway home or multiple family dwellings for investors. Close to all level of shcool and transit, shopping is just steps away. Don't let tis one pass you by, only because this location in Vancouver is second to one, so central thatyou everywhere is whitn munites. Call me for your private tour. Virtual staging and glutter removed in some pictures.
How this price compares
This lot asks $365 per square foot of lot. That is 18% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 169 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
- $1,899,999
- Lot size
- 5,208.48 sqft
- Lot dimensions
- 48 x 108.51
- Frontage
- 48 ft
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1964
- Zoning
- R1-1
- MLS® area
- Killarney VE
- MLS® number
- R3135661
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.