By car (off-peak)
Sold
Calling all investors and developers! Land Value Only (33' x 124.34') R1-1 Zoning, Redevelopment potential for Duplex, or fourplex or Single family home w/ Laneway and Secondary Suite. Buyer to verify with City of Vancouver. Exceptional opportunity ideally situated within walking distance to Kensington Community Centre & Kensington Park. Walking distance to Knight and 41st Ave E, close Victoria Square Shopping Centre and School Catchments: Tecumseh Elementary & John Oliver Secondary. Nearby transit and rapid bus service R4 line providing direct access to UBC, Expo Line and Canada Skytrain Line. Easy access to Richmond and Downtown. Rare opportunity in a prime central location—don’t miss out! Fire Damaged Property. DO NOT WALK ON PROPERTY WITHOUT SUPERVISION. Sold As Is Where Is
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Finished |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Fireplace | 1 |
| Heating Type | Electric, Hot Water |
| # of Kitchens | 2 |
| Foundation | Concrete Perimeter |
| Exterior Features | Private Yard |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $1,099,900 |
|---|---|
| Total Bedrooms | 8 |
| Total Bathrooms | 4 |
| Full Bathrooms | 4 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 2667 |
| Year Built | 1910 |
| Age Of Building | 116 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Garage Single, Rear Access |
| Total Parking Spaces | 3 |
| Rental Suites | Unauthorized Suite |
| Lot Size | 4103.22 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 33 |
| MLS® # | R3141888 |
| Area | Vancouver East |
| Neighbourhood | Knight |
| City | Vancouver |
| Postal Code | V5P 2Y2 |
| Gross Taxes | $8,065.4 |
| Zoning | R1-1 |
| Floor | Type | Dimensions |
|---|---|---|
| Above Level | Primary Bedroom | 11'0 x 11'0 ft |
| Above Level | Bedroom | 11'8 x 11'8 ft |
| Above Level | Storage | 8'2 x 8'2 ft |
| Main Level | Kitchen | 11'10 x 11'10 ft |
| Main Level | Dining Room | 13'1 x 13'1 ft |
| Main Level | Living Room | 14'10 x 14'10 ft |
| Main Level | Bedroom | 10'0 x 10'0 ft |
| Main Level | Bedroom | 9'1 x 9'1 ft |
| Below | Kitchen | 11'6 x 11'6 ft |
| Below | Eating Area | 4'1 x 4'1 ft |
| Below | Living Room | 11'8 x 11'8 ft |
| Below | Bedroom | 9'2 x 9'2 ft |
| Below | Bedroom | 12'1 x 12'1 ft |
| Below | Bedroom | 12'1 x 12'1 ft |
| Below | Bedroom | 8'2 x 8'2 ft |
| Below | Laundry | 4'11 x 4'11 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Above Level | No | #3 |
| Below | No | #5 |
| Below | No | #3 |
Listed by: Luxmore Realty & Luxmore Realty
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
5541 Lanark Street has a sell-speed score of 56/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5P 2Y2, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~2.9 km). Annual avg AQHI 2.2 — Low Risk.
Vancouver currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.
Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
5541 Lanark St, Vancouver, BC is ideally located for commuters. The property is 2.1 km from Nanaimo, with a 40 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Knight St @ E 39 Ave (0.09 km). Walk Score Transit rating: Good Transit (65/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,593,000 | $10,000 | $1,603,000 |
-5.7%
|
| 2025 | $1,689,000 | $10,000 | $1,699,000 |
-7.6%
|
| 2024 | $1,682,000 | $157,000 | $1,839,000 |
+2.6%
|
| 2023 | $1,637,000 | $156,000 | $1,793,000 |
+8.4%
|
| 2022 | $1,491,000 | $163,000 | $1,654,000 | — |
Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $2,037,200 across 2 active listings — this listing is 46% below the Vancouver average. This property is flagged as a Hot Deal (Land Value only) based on its competitive pricing and market demand.
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