3754 INVERNESS STREET, Vancouver

$1,398,000

This 2,025 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.

Turn key, renovated 2 level house w 1 Bed & 1 Bath suite w laundry below located on a quiet street in highly desirable Cedar Cottage neighbourhood walking distance to transit, schools, shopping, restaurants, Glen park, Trout Lake & all amenities. $50K+ spent in last 2 months: new windows & pot lighting on the main. 2 Beds & 1 Bath, renovated kitchen & laundry up. Fully fenced backyard w covered patio, turf & garden beds. New HW tank (2026), Furnace (2024) & 8 yr old Roof. Great curb appeal w ALL NEW siding, gutters & exterior pot lights. Low maintenance front & back yard. Generous storage room. RM-1 zoning, great investment property w strong likelihood of higher density zoning & redevelopment opportunities in the future. Flexible completion dates. **OPEN: SAT & SUN NOV 14th + 15th 2-4PM**

How this price compares

This lot asks $690 per square foot of lot. That is 58% above the median of $436 across the 708 active lots VanPlex is showing in Vancouver, and puts it 619 of 708 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
$1,398,000
Lot size
2,025 sqft
Lot dimensions
27 x 75
Frontage
27 ft
Bedrooms
3
Bathrooms
2
Year built
1912
Zoning
RM-1
MLS® area
Knight
MLS® number
R3177361

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Listing data via MLS®. Displayed for information only. Zoning RM-1 stamped from the city record on 2026-10-21.