1243 W 7TH AVENUE, Vancouver
$2,688,000
This 2,750 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.
Welcome to a truly distinctive 1907 character home in the heart of Fairview. Set on a 25' x 110' lot, this rare detached property offers something increasingly difficult to find in such a central Vancouver location: privacy, character and a sense of escape, all just minutes from downtown. Thoughtfully influenced by Japanese design, the home features warm woodwork, custom millwork, & distinctive architectural details, with sweeping downtown & North Shore mountain views. The lower level is configured as office space & rented, providing immediate income, while R3-3 zoning adds versatility, with permitted service-oriented uses & significant long-term potential. A rare opportunity to own a piece of Vancouver history & enjoy a peaceful retreat in one of the city's most connected neighbourhoods.
How this price compares
This lot asks $977 per square foot of lot. That is 121% above the median of $443 across the 717 active lots VanPlex is showing in Vancouver, and puts it 696 of 717 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
- $2,688,000
- Lot size
- 2,750 sqft
- Lot dimensions
- 25 x 110
- Frontage
- 25 ft
- Bedrooms
- 3
- Bathrooms
- 3
- Year built
- 1912
- Zoning
- FM-1
- MLS® area
- Fairview VW
- MLS® number
- R3159350
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Listing data via MLS®. Displayed for information only. Zoning FM-1 stamped from the city record on 2026-08-27.