Vancouver Dossier

3232 Wallace St, Vancouver, BC

A freehold property, built 1966 on a 348 m² R1-1 lot. Newer than 58% of the buildings on Wallace St.

Assessed 2026

$2,208,000

Zoning

R1-1

Lot

≈ 348 m²

Built

1966

1 to check7 notes2 clear

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What the records show for 3232 Wallace St

Note

R1-1 lot: fits a duplex, up to 2 suites

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What the record says: Lot about 348 m², 10.4 m wide and 33.6 m deep, measured from the City lot outline. Rear lane: not found.
What it means: Lot size, width and lane access decide what can be built under R1-1.
What to do: If redevelopment is part of the price, order a survey and ask the City before you remove subjects.

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Check

Combined sewer on this block

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Note

No building permits on record since 2017

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Note

Assessed at $2,208,000, +20% since 2021

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Note

Value is almost all land

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Note

Built before 1990: asbestos survey before renovating

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Note

18 new buildings and 9 demolitions within 300 m

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Note

Short-term rentals: only in your principal residence

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Clear

Not on the Heritage Register

Clear

Outside the City floodplain

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What it means for a buyer
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Street view

About 3232 Wallace St

Assessed at $2,208,000 for 2026 (−7% on 2025). One of the lowest assessed houses on Wallace St. The land is 96% of the value. The lot is smaller than 95% of the lots in Dunbar-Southlands. School catchment: Queen Elizabeth Elementary and Byng Secondary.

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Each finding explained, full permit and value history, questions for the seller and a PDF for your agent.

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Assessment history of 3232 Wallace St

2026$2,208,000

Up 20% since 2021

Permits on this lot · none since 2017

The City has issued no building permits for this lot since 2017.

The lot and zoning

Area≈ 348 m²

Rear laneNo lane found

Frontage and depth

What the zoning allows

Schools and parks near 3232 Wallace St

Elementary catchmentQueen Elizabeth Elementary

Secondary catchmentByng Secondary

Lord Byng Secondary259 m

Ecole Jules Quesnel Elementary260 m

Queen Elizabeth Elementary768 m

Almond Park576 m

Quadra West Park718 m

How catchments work

Transit near 3232 Wallace St

Nearest SkyTrain: Yaletown-Roundhouse (Canada Line)5.3 km

Westbound W 16 Ave @ Wallace St · 25, 3393 m

Eastbound W 16 Ave @ Crown St · 25, 33185 m

Eastbound W 16 Ave @ Highbury St · 25, 33220 m

Bus routes within 400 m: 7, 25, 33

Street, trees and terrain

City street trees in front3 · Night Purple Leaf Plum

Ground elevation≈ 78 m above sea level

Slope across the lotFlat

Nearest arterial roadW 16th Ave, 43 m

Crime near 3232 Wallace St

Incidents within 400 m in the last 12 months, by type: in the full report.

Rezoning and development nearby

Within 300 m in the last two years: 18 new-building permits and 9 demolition permits.

New buildings nearby:

Rezoning applications within 800 m: in the full report.

In Dunbar-Southlands, the City issued 199 new-building permits and 126 demolition permits in the last two years. About the neighbourhood

Questions about 3232 Wallace St

What is 3232 Wallace St assessed at?

$2,208,000 for 2026, from BC Assessment through the City’s property tax report.

When was 3232 Wallace St built?

In 1966, according to BC Assessment. A major improvement is recorded in 1971.

What is the zoning of 3232 Wallace St?

It is zoned R1-1 under the Vancouver Zoning and Development By-law. More

What can be built at 3232 Wallace St?

Under R1-1 the lot appears to fit a duplex, up to 2 suites. No rear lane was found, so a laneway home is unlikely. More

Is 3232 Wallace St in a floodplain?

No. It is outside the floodplains designated by the City of Vancouver. More

Is 3232 Wallace St on the Heritage Register?

No. It is not listed on the Vancouver Heritage Register. More

Can 3232 Wallace St be rented short term (Airbnb)?

Only as the owner’s or tenant’s principal residence, with a City business licence and a provincial registration number; a second home or investment unit cannot be rented for less than 90 days. More

What building permits has 3232 Wallace St had?

None since 2017, when the City’s open permit records begin. More

Which schools serve 3232 Wallace St?

Elementary: Queen Elizabeth Elementary. Secondary: Byng Secondary. Placement depends on space: confirm with the school.

How far is the nearest SkyTrain station from 3232 Wallace St?

Yaletown-Roundhouse Station is 5.3 km away in a straight line.

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Other addresses on Wallace St

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Checked against City of Vancouver open data on October 25, 2026. How we check · Data sources · Glossary