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$1,099,900

5541 LANARK STREET

Vancouver BC V5P 2Y2 - Knight
8 bd
4 ba
2,667 sqft
Built 1910

About This Property

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…

Features

Private Yard
Garage Single
Rear Access
Shopping Nearby
Room measurements16 rooms
Primary BedroomAbove · 10'6 × 11'0
BedroomAbove · 12'9 × 11'8
StorageAbove · 3'2 × 8'2
KitchenMain · 11'9 × 11'10
Dining RoomMain · 12'0 × 13'1
Living RoomMain · 13'11 × 14'10
BedroomMain · 11'8 × 10'0
BedroomMain · 14'1 × 9'1
KitchenBelow · 6'1 × 11'6
Eating AreaBelow · 8'6 × 4'1
Living RoomBelow · 15'0 × 11'8
BedroomBelow · 9'0 × 9'2
BedroomBelow · 8'0 × 12'1
BedroomBelow · 8'0 × 12'1
BedroomBelow · 10'1 × 8'2
LaundryBelow · 15'1 × 4'11

Property Details

MLS NumberR3141888
Property TypeSingle Family Residence
Bedrooms8
Bathrooms4
Square Feet2,667
Lot Size4,103.22 sqft
Year Built1910
Parking Spaces1
HeatingElectric, Hot Water
StatusClosed
Listed ByLuxmore Realty

School Catchment

Elementary Tecumseh
Secondary Gladstone

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,600,000Median home value
$95,000Median household income
56.3%Owner-occupied
21.9%Single-detached homes
2.8Avg household size
39.6Median age
44.7%Bachelor's degree or higher (25-64)
58.9%Commute under 30 min
64.2%Drive to work
44.7%Foreign-born residents
7,167Neighbourhood population

Age

Under 15: 13.5%15 to 64: 71%65 and over: 15.6%
  • Under 1513.5%
  • 15 to 6471%
  • 65 and over15.6%

Household size

  • 1 person20.8%
  • 229.3%
  • 319.6%
  • 418.4%
  • 5 or more11.9%

Language spoken at home

43.6% English mother tongue

  • Cantonese13.8%
  • Tagalog9.1%
  • English + other6%
  • Punjabi3.9%
  • Vietnamese3.9%
  • Mandarin2.8%
  • All others16.9%

Mother tongue, share of 7,115 residents.

How this pocket differs

  • more Tagalog speakers than Knight 9.1% vs 7.1%
  • Median dwelling value is notably higher than Metro Vancouver $1,600,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Thinking of selling in Knight?

See what your home could be worth and how the local market is moving.

Monthly Cost Calculator

Estimated monthly cost $5,855
Mortgage payment$5,073
Property tax$672
Home insurance$110
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Sep 3

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