1205 E 49TH AVENUE, Vancouver
$1,480,000
This 5,076 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.
***Court-Ordered Sale*** - INVESTOR. BUILDER ALERT! This Beautiful home has 2,800 sf of living space and is situated on a sizeable 5,076 sf lot in the ultra popular Knight area! Upstairs features 3 sizeable bedrooms, a large living room, and a 20' by 15' Sundeck, perfect for the summer season! Downstairs features a separate entry 3 bedroom suite with open floor plan of kitchen and living room. Great holding/ rental income offered on this property! School catchments: Sir Sanford Fleming Elementary, David Thompson Secondary.
How this price compares
This lot asks $292 per square foot of lot. That is 35% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 48 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
- $1,480,000
- Lot size
- 5,076 sqft
- Lot dimensions
- 47 x 108
- Frontage
- 47 ft
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- 1971
- Zoning
- R1-1
- MLS® area
- Knight
- MLS® number
- R3134550
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.