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Extraordinary development opportunity in one of Vancouver's most sought-after locations. Massive 41.9 x 229.25 ft lot offering nearly 9,605 sq.ft. with lane access and exceptional redevelopment potential under the City of Vancouver's multiplex policy and 1.0 FSR guidelines. Ideally located just steps from Main Street and moments to Queen Elizabeth Park and Riley Park. This unique site is surrounded by higher-density redevelopment, including a townhouse project immediately to the west and two adjacent RT-zoned developments to the east, each currently building 6 units. Purchase price includes plans for a 4-unit project designed by the award-winning VictorEric Design + Build team. A rare opportunity with tremendous end-product appeal in a rapidly transforming pocket of the city. Ready for Dev
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Full |
| Interior Features | Storage |
| Heating Type | Forced Air |
| # of Kitchens | 0 |
| Flooring | Mixed |
| Foundation | Concrete Perimeter |
| Exterior Features | Garden, Balcony |
|---|---|
| View Description | CITY & MOUNTAIN VIEWS |
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $3,198,000 |
|---|---|
| Total Bedrooms | 5 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 2105 |
| Year Built | 1964 |
| Age Of Building | 62 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Architecture Style | Rancher/Bungalow w/Bsmt. |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Open, Lane Access, Rear Access |
| Total Parking Spaces | 10 |
| Rental Suites | None |
| Lot Size | 9605 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 41.9 |
| MLS® # | R3126804 |
| Area | Vancouver East |
| Neighbourhood | Main |
| City | Vancouver |
| Postal Code | V5V 2Z8 |
| Gross Taxes | $10,468.5 |
| Zoning | R1-1 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 12'5 x 12'5 ft |
| Main Level | Dining Room | 9'5 x 9'5 ft |
| Main Level | Bedroom | 8'1 x 8'1 ft |
| Main Level | Bedroom | 8'1 x 8'1 ft |
| Basement Level | Bedroom | 8'2 x 8'2 ft |
| Basement Level | Bedroom | 8'3 x 8'3 ft |
| Basement Level | Bedroom | 8'1 x 8'1 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Basement | No | #3 |
Listed by: Engel & Volkers Vancouver & Engel & Volkers Vancouver
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
357 E 33rd Avenue has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5V 2Z8, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~2.6 km). Annual avg AQHI 2.2 — Low Risk.
Vancouver currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.
Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
357 E 33rd Ave, Vancouver, BC is ideally located for commuters. The property is 1.5 km from Oakridge-41st, with a 33 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound E 33 Ave @ Prince Edward St (0.05 km). Walk Score Transit rating: Good Transit (59/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $2,180,000 | $32,800 | $2,212,800 |
-7.1%
|
| 2025 | $2,342,000 | $39,100 | $2,381,100 |
-1.4%
|
| 2024 | $2,373,000 | $42,700 | $2,415,700 |
+7.1%
|
| 2023 | $2,212,000 | $43,500 | $2,255,500 |
+6.8%
|
| 2022 | $2,066,000 | $45,300 | $2,111,300 | — |
Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $2,313,967 across 3 active listings — this listing is 38.2% above the Vancouver average.
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