4963 RUPERT STREET, Vancouver
$3,499,900
This 4,026.75 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.
Investor Alert! Great investment and holding property with development opportunity. Minutes away from Skytrain, Bus and shopping this property falls within the Bill 47 Transit-Oriented Areas which designates for a 8 Storey 3 FSR mixed use development. Buyers are advised to conduct their own research for development opportunity with the City of Vancouver.
How this price compares
This lot asks $869 per square foot of lot. That is 94% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 708 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
- $3,499,900
- Lot size
- 4,026.75 sqft
- Lot dimensions
- 45.5 x
- Frontage
- 45.5 ft
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- 1960
- Zoning
- R1-1
- MLS® area
- Collingwood VE
- MLS® number
- R2966477
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.