1039 E 41ST AVENUE, Vancouver
$1,669,000
This 3,745.5 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.
Attention Investors!!! Great income producing property, you can collect $7,500/m in rental income ($9,500/m if the bsmt is rented) or hold to build a lovely new home in front of the park. Central location, close to all kinds of shops, restaurants, schools and bus. The home has 3 bedrooms & bathroom on the Top Floor, Main Floor has 2 bedrooms, large living room & dining room & bathroom, basement has 2 units, 2 bedroom unit with living room & kitchen & a bachelor with kitchen with separate entrance.
How this price compares
This lot asks $446 per square foot of lot. That is about the same as the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 374 of 758 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
- $1,669,000
- Lot size
- 3,745.5 sqft
- Lot dimensions
- 33 x 113.5
- Frontage
- 33 ft
- Bedrooms
- 8
- Bathrooms
- 4
- Year built
- 1910
- Zoning
- R1-1
- MLS® area
- Fraser VE
- MLS® number
- R3116090
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.