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771 E 41ST AVENUE, Vancouver

$3,300,000

This 5,000 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.

Attn: Developers and investors! Land Assembly. Sold in conjunction with 771, 779, 783 & 789 E 41st ST. A combined frontage of 164 & 122 depth with back lane access, almost 20,000 sqft combined. Along the line of Rapid Transportation (64m away from #41 bus stop and 8 minutes to Oakridge Skytrain Station via transit and 4 minutes via car) for easy access to Downtown. One block away from John Oliver Secondary school and 2 blocks away from Sir Alexander Mackenzie School. Right across Memorial South Park. Great potential for future rental building.

How this price compares

This lot asks $660 per square foot of lot. That is 48% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 630 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
$3,300,000
Lot size
5,000 sqft
Lot dimensions
41 x 122
Frontage
41 ft
Bedrooms
4
Bathrooms
3
Year built
1949
Zoning
R1-1
MLS® area
Fraser VE
MLS® number
R2858417

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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.