4904 RUPERT STREET, Vancouver
$1,499,000
This 4,356 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.
Opportunity knocks in prime Collingwood! This well-maintained 3-level home sits on a 4,356 sq ft lot and offers exceptional value for both homeowners and investors. Featuring 7 spacious bedrooms and 2 full bathrooms, it boasts a bright, functional layout ideal for large families or strong rental income potential. Enjoy a generous sundeck perfect for entertaining, along with ample street parking. Currently generating approx. $5,500/month, it’s an excellent mortgage helper or cash-flow property. Conveniently located near parks, schools, shopping, dining, and just minutes to Rupert SkyTrain Station. Located within a Transit-Oriented Area under Bill 47, offering exciting future redevelopment and increased density potential.MAX 8 DWELLING UNITS. A must-see!
How this price compares
This lot asks $344 per square foot of lot. That is 23% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 115 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
- $1,499,000
- Lot size
- 4,356 sqft
- Lot dimensions
- 33 x 132
- Frontage
- 33 ft
- Bedrooms
- 7
- Bathrooms
- 2
- Year built
- 1911
- Zoning
- R1-1
- MLS® area
- Collingwood VE
- MLS® number
- R3129028
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-27.