5743 ST. MARGARETS STREET, Vancouver
$1,625,000
This 3,283 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.
Charming East Van character home with over 2,100 sq ft of flexible living space, including a mortgage helper suite. This 4 bed, 3 bath home offers 2 kitchens and a detached garage with 2nd floor mezzanine, making it ideal for families, investors, or buyers wanting space with options. Enjoy classic character, a fenced front yard, sunny deck off the main level, laundry room with storage and enclosed rear yard. Thoughtful updates over the years include a newer kitchen, deck, fence, refreshed bathrooms, furnace, hot water tank, windows, and updated living areas. Located on a beautiful tree-lined street close to East Van cafés, restaurants, parks, shops, and everyday conveniences. A rare blend of charm, lifestyle, flexibility, and future potential.
How this price compares
This lot asks $495 per square foot of lot. That is 11% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 450 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
- $1,625,000
- Lot size
- 3,283 sqft
- Lot dimensions
- 33 x 99.48
- Frontage
- 33 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1912
- Zoning
- R1-1
- MLS® area
- Killarney VE
- MLS® number
- R3135732
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-27.