2306 RUPERT STREET, Vancouver
$1,999,000
This 5,392.4 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.
Prime Redevelopment Opportunity! Situated on a large corner lot in a highly desirable location, this property offers incredible potential for future development. Just a short walk to Rupert SkyTrain Station, bus stops, and an elementary school located directly behind the home. High school, parks, and a full range of amenities—including T&T, Walmart, Superstore, Starbucks, banks, restaurants, and even a golf course—are all within minutes. Easy access to Highway 1 makes this location unbeatable for both convenience and connectivity. A rare opportunity to invest in a rapidly evolving neighborhood!
How this price compares
This lot asks $371 per square foot of lot. That is 17% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 192 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
- $1,999,000
- Lot size
- 5,392.4 sqft
- Lot dimensions
- 44.2 x 122
- Frontage
- 44.2 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1950
- Zoning
- R1-1
- MLS® area
- Renfrew VE
- MLS® number
- R3096973
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.