4951 RUPERT STREET, Vancouver
$3,199,900
This 4,415 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.
Development Opportunity! Prime site with a total of 7,750 sq.ft. In 2 lots featuring 4951 and 4939 Rupert St. Located in a highly desirable area, with back lane access, only 482 meters to the SkyTrain! Designated for an 8-storey, 3 FSR mixed-use development under Bill 47 This site offers tremendous potential for future development. Buyers are advised to conduct their own due diligence with the City of Vancouver regarding development possibilities. Properties sold as-is, where-is. For more information on this assembly, contact the listing agent.
How this price compares
This lot asks $725 per square foot of lot. That is 62% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 673 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
- $3,199,900
- Lot size
- 4,415 sqft
- Lot dimensions
- 0 x
- Frontage
- 0 ft
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1961
- Zoning
- R1-1
- MLS® area
- Collingwood VE
- MLS® number
- R3119348
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.