5769 KNIGHT STREET, Vancouver
$1,499,000
This 4,725 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! Prime Knight & 41st Location!** Rare opportunity on a 43 x 110 ft lot (approx. 4,730 sq ft) in a high demand area. This solid 2-storey bungalow offers approx. 2,500 sq ft of living space with 6 bedrooms and 2 bathrooms, including a separate 3 bedroom suite ideal for strong rental income or extended family living. Zoned RS-1 with excellent redevelopment potential: build a new 3-level home with laneway (buyer to verify with City). The property is currently rented on a month-to-month tenancy. Great holding property with future upside. Live, rent, or build! All measurements approx.; buyers to verify.
How this price compares
This lot asks $317 per square foot of lot. That is 29% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 75 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
- 4,725 sqft
- Lot dimensions
- 43 x 109.9
- Frontage
- 43 ft
- Bedrooms
- 6
- Bathrooms
- 2
- Year built
- 1963
- Zoning
- R1-1
- MLS® area
- Knight
- MLS® number
- R3118659
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.