7957 COLUMBIA STREET, Vancouver
$3,330,000
This 8,255 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.
Rare RM-8 and TOA development opportunity on an approximately 8,255 sq.ft. lot, walking distance to Marine Gateway, with dual frontage (W 64th & Columbia). The RM-8 designation allows townhouse and rowhouse forms at up to 1.20 FSR, supporting approximately 9,900 sq.ft. of potential TH density. The property ALSO falls within Tier 3 TOA boundaries, conceivably allowing for a 3.0fsr or up to 8 storeys. Buyers should conduct their own due diligence with the City of Vancouver regarding achievable density, unit count and mix, parking, tree retention, servicing and dev approvals. Walk to Marine Station, groceries, banks, restaurants, shops and more. Churchill Sec catchment. 6-bedroom house can provide good rental income. An interesting and opportunistic property for the savvy buyer.
How this price compares
This lot asks $403 per square foot of lot. That is 10% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 277 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
- $3,330,000
- Lot size
- 8,255 sqft
- Lot dimensions
- 98.15 x 130 irregular
- Frontage
- 98.15 ft
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- 1925
- Zoning
- RM-8
- MLS® area
- Marpole
- MLS® number
- R3151315
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only. Zoning RM-8 stamped from the city record on 2026-07-30.