735 W 54TH AVENUE, Vancouver
$2,990,000
This 7,560 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 builders! Unlike most Cambie phase 3 lots that still require rezoning, this lot has been pre-zoned to RM8A (not RS1 anymore) and is ready for development permit application. Saves 1- 1.5 yr holding cost and utility service fee (at least 350K). Ready to build now or hold for future assembly! Best land deal in the Cambie Corridor. Cambie Phase 3 Plan 1.2 FSR Townhouse development site.
How this price compares
This lot asks $396 per square foot of lot. That is 11% below the median of $445 across the 782 active lots VanPlex is showing in Vancouver, and puts it 277 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
- $2,990,000
- Lot size
- 7,560 sqft
- Lot dimensions
- 63 x 120
- Frontage
- 63 ft
- Bedrooms
- 9
- Bathrooms
- 4
- Year built
- 1958
- Zoning
- RM-8A
- MLS® area
- South Cambie
- MLS® number
- R3155817
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Listing data via MLS®. Displayed for information only. Zoning RM-8A stamped from the city record on 2026-08-14.