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761 E 15TH AVENUE, Vancouver

$2,298,000

This 4,109.97 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.

Beautifully maintained property on a 32.58' x 126.15' lot in one of Mount Pleasant's most desirable neighbourhoods. Over 3,000 sqft character home w/4 self-contained suites, this exceptional revenue property provides strong income & outstanding flexibility w/versatile accommodation options for investors or owner-occupiers. 4 well-designed suites incl: top flr, 2 level 2-bdrm w/mountain views, junior 1 bdrm, main flr 2 bdrm w/lrg N-facing deck, & two-level 1 bdrm. Generating approx. $96,012 in gross annual income w/future upside potential. Lovely, private mature yard offers a peaceful retreat. Detached 2-car garage w/power & heat - great storage & rental potential. Florence Nightingale & Sir Charles Tupper catchmnt. Located just steps to Fraser & Main St popular restaurants, cafes, & shops.

How this price compares

This lot asks $559 per square foot of lot. That is 25% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 539 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
$2,298,000
Lot size
4,109.97 sqft
Lot dimensions
32.58 x 126.15
Frontage
32.58 ft
Bedrooms
6
Bathrooms
4
Year built
1912
Zoning
RT-5
MLS® area
Mount Pleasant VE
MLS® number
R3153155

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Listing data via MLS®. Displayed for information only. Zoning RT-5 stamped from the city record on 2026-08-06.