806 W 47TH AVENUE, Vancouver
$2,999,000
This 7,103.26 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.
Exceptional West Side land value opportunity! Situated on a desirable tree-lined street in the prestigious Oakridge area, this property offers a large lot and an outstanding location in one of Vancouver's most sought-after neighbourhoods. The existing home requires substantial renovation and is being sold primarily for its land value and future potential. Surrounded by quality homes and conveniently located near Oakridge Centre, Cambie Corridor amenities, parks, transit, and top-ranked schools, this is an excellent opportunity for builders, investors, or buyers looking to create their dream home in a prime location.
How this price compares
This lot asks $422 per square foot of lot. That is 6% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 329 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
- $2,999,000
- Lot size
- 7,103.26 sqft
- Lot dimensions
- 58 x 122.47
- Frontage
- 58 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1962
- Zoning
- R1-1
- MLS® area
- Oakridge VW
- MLS® number
- R3132778
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.