3716 W 16TH AVENUE, Vancouver
$2,299,000
This 3,630 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 Investors and Visionaries! This rare land assembly or holding property offers unique dual-frontage access from both 16th and 17th Avenue—a developer's dream for multifamily housing. Currently, the residence is configured into three functional suites (two 2-bedroom and one 1-bedroom), each featuring a private kitchen to maximize rental yield or provide a substantial mortgage helper. Situated in the heart of a vibrant community, you are steps away from gourmet dining, transit, and essential services. Most notably, this home sits within the prestigious catchment of Lord Byng Secondary and Queen Elizabeth Elementary, both just a short stroll away. With UBC only a 10-minute transit ride from your door, the location is unbeatable for long-term appreciation.
How this price compares
This lot asks $633 per square foot of lot. That is 42% above the median of $445 across the 782 active lots VanPlex is showing in Vancouver, and puts it 631 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
- $2,299,000
- Lot size
- 3,630 sqft
- Lot dimensions
- 0 x
- Frontage
- 0 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1926
- Zoning
- RT-2
- MLS® area
- Dunbar
- MLS® number
- R3119884
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Listing data via MLS®. Displayed for information only. Zoning RT-2 stamped from the city record on 2026-07-25.