4025 GRANVILLE STREET, Vancouver
$4,500,000
This 12,000 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.
Prime First Shaughnessy land value. Set on a rare 100 ft x 120 ft (12,000 sq ft) lot, this classic Tudor home offers exceptional underlying land value and strong land assembly potential — ideal for a future custom estate, redevelopment, or senior/elderly housing project, subject to City of Vancouver zoning, heritage, and municipal approvals. Buyer to verify all development and assembly possibilities.
How this price compares
This lot asks $375 per square foot of lot. That is 16% below the median of $445 across the 757 active lots VanPlex is showing in Vancouver, and puts it 220 of 757 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
- $4,500,000
- Lot size
- 12,000 sqft
- Lot dimensions
- 100 x 120
- Frontage
- 100 ft
- Bedrooms
- 2
- Bathrooms
- 4
- Year built
- 1918
- Zoning
- FSD
- MLS® area
- Shaughnessy
- MLS® number
- R3175780
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Listing data via MLS®. Displayed for information only. Zoning FSD stamped from the city record on 2026-10-15.