Multiplex Development Opportunity in Mount Pleasant! Investor or Builder Opportunity! Can’t decide between a duplex, multiplex, or rental project? This property offers the flexibility to pursue multiple options under the new R3-3 zoning guidelines. Situated on a 49.5’ x 122’ lot in desirable Mount Pleasant, this home presents a rare chance to redevelop in one of Vancouver’s most sought-after neighbourhoods. Whether you’re looking to build a duplex, multiplex, or rental-focused multiplex following R1 regulations, the possibilities are wide open for the right vision. Just steps from shopping, restaurants, the Seawall, and more, this is a prime opportunity to build for eager buyers in one of Vancouver’s most desirable neighbourhoods. Contact me for more details.
Address
654 E 7th Avenue
List Price
$3,099,999
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Vancouver East
Sub-Area
Mount Pleasant VE
Bedrooms
4
Bathrooms
2
Half Bathrooms
1
Floor Area
3,344 Sq. Ft.
Main Floor Area
951
Lot Size
6039 Sq. Ft.
Lot Size Dimensions
49.5 x 122.00
Lot Size (Acres)
0.14 Ac.
Lot Size Units
Square Feet
Total Building Area
3344
Frontage Length
49.5
Year Built
1909
MLS® Number
R3057677
Listing Brokerage
Oakwyn Realty Ltd.
Basement Area
None
Postal Code
V5T 1P1
Zoning
RM-4
Ownership
Freehold NonStrata
Parking
Garage Single
Tax Amount
$8,521.05
Tax Year
2025
Site Influences
Balcony
Exterior Features
Balcony
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air, Wood
Fireplace
Yes
Fireplace Features
Wood Burning
Number of Fireplaces
1
Garage
Yes
Garage Spaces
1
Levels
Three Or More
Number Of Floors In Property
3