7895 GRANVILLE STREET, Vancouver
$1,800,000
This 2,929.5 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.
LAND ASSEMBLY - Prime South Granville development opportunity! Ideally suited for land assembly with outstanding future potential for multiplex or higher-density redevelopment (buyer to verify with the City of Vancouver). Located in one of Vancouver’s most prestigious Westside neighbourhoods, this property offers exceptional value for builders, developers, and investors. The home features a 2-bedroom upper suite and a fully updated 2-bedroom lower suite, providing excellent rental income to offset holding costs while development plans and approvals are underway. Steps to shopping, restaurants, parks, excellent schools, transit, and convenient access to Downtown and YVR. An outstanding opportunity in a rapidly evolving neighbourhood.
How this price compares
This lot asks $614 per square foot of lot. That is 39% above the median of $443 across the 717 active lots VanPlex is showing in Vancouver, and puts it 562 of 717 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
- $1,800,000
- Lot size
- 2,929.5 sqft
- Lot dimensions
- 31.5 x 93
- Frontage
- 31.5 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1949
- Zoning
- RM-9
- MLS® area
- South Granville
- MLS® number
- R3155565
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Listing data via MLS®. Displayed for information only. Zoning RM-9 stamped from the city record on 2026-08-13.