2966 FRASER STREET, Vancouver
$3,350,000
This 3,979 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.
Attn: Developers! In the heart of the city lies land for sale under the Broadway Plan, zoned for mid to high-rise. With strategic zoning and accessibility, it offers developers a blank canvas for a vertical community integrating both residential & commercial. Close to bustling downtown Vancouver. Embracing sustainability, it promises value appreciation, community enrichment and shaping a vibrant urban future within a new area.
How this price compares
This lot asks $842 per square foot of lot. That is 89% above the median of $445 across the 782 active lots VanPlex is showing in Vancouver, and puts it 726 of 782 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
- $3,350,000
- Lot size
- 3,979 sqft
- Lot dimensions
- 35 x 115.4
- Frontage
- 35 ft
- Bedrooms
- 6
- Bathrooms
- 2
- Year built
- 1956
- Zoning
- RT-5
- MLS® area
- Mount Pleasant VE
- MLS® number
- R2861745
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Listing data via MLS®. Displayed for information only. Zoning RT-5 stamped from the city record on 2026-07-25.