79 W 12TH AVENUE, Vancouver
$4,300,000
This 5,702 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.
Attention Builders and Developers! Rare opportunity to acquire a three -lot land assembly in prestigious Broadway Plan Area. Excellent proximity to transit, schools, shopping, medical facilities, Hospital and Downtown Vancouver. This area allows secured rental or social housing up to 18 storeys and 5.5 FSR. Buyer to verify all the development possibilities with City of Vancouver.
How this price compares
This lot asks $754 per square foot of lot. That is 69% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 683 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
- $4,300,000
- Lot size
- 5,702 sqft
- Lot dimensions
- 49.51 x 115.13
- Frontage
- 49.51 ft
- Bedrooms
- 1
- Bathrooms
- 0
- Year built
- 1945
- Zoning
- RT-6
- MLS® area
- Mount Pleasant VW
- MLS® number
- R3152394
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only. Zoning RT-6 stamped from the city record on 2026-08-04.