518 E 11TH AVENUE, Vancouver
$1,998,000
This 4,013 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.
Mount Pleasant character with a brand new heart! This 1926 home was renovated w/ permits & freshly painted up & down in 2018. 2,399 sf over 3 levels w/ 6 beds & 3 baths. Main offers a covered porch, living rm w/ fireplace & built-ins, French doors to formal dining, quartz kitchen w/ stainless steel appliances & eating area, plus a bedroom, full bath & laundry. Upstairs, a vaulted primary & 2nd bed share a full bath. Below, a bright 3 bed legal garden suite w/its own kitchen, it's own laundry, it's own hydro meter + walk-in storage. Currently $6,400/mo in total rent (up + down). Sunny south yard w/ 222 sf patio, detached garage & lane parking on a 33x122 lot. Next to Florence Nightingale Elem & steps to Main St. Showings start at the OPEN HOUSE THIS SUN OCT 18, 1-3PM!
How this price compares
This lot asks $498 per square foot of lot. That is 12% above the median of $445 across the 757 active lots VanPlex is showing in Vancouver, and puts it 478 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
- $1,998,000
- Lot size
- 4,013 sqft
- Lot dimensions
- 32.91 x 121.94
- Frontage
- 32.91 ft
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- 1926
- Zoning
- RT-5
- MLS® area
- Mount Pleasant VE
- MLS® number
- R3175053
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Listing data via MLS®. Displayed for information only. Zoning RT-5 stamped from the city record on 2026-10-14.