- 1042 W 48th Avenue
-
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$2,998,000
Vancouver, South Granville
- 5 bedrooms
- 5 bathrooms
- 4,095 sqft
- 7,368 lot sqft
- built in 1959
- $14,627 taxes in 2025
- House
- R3103337
- Open House
- Saturday 28th March: 2:00-4:00pm
- Description:
- Prime West Side opportunity on a 60 x 122.8 ft (7,368 sq ft) flat lot with lane access, ideally positioned on a quiet stretch of W 48th Ave. This property offers exceptional redevelopment potential under the City of Vancouver’s R1-1 multiplex zoning, allowing for up to 6 strata units or 8 secured rental units. The existing 4,095 sqft home includes a basement suite, providing solid holding income while you design and permit your project. With multiplex zoning supporting 1.0 FSR and up to 3 storeys, this is a rare chance to capitalize on Vancouver’s multiplex program. Premium location to hold, renovate, or redevelop. Open House Saturday March 28 from 2-4pm.
Listed By: Oakwyn Realty Ltd.
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.
RE/MAX Crest Realty
290-3631 No.3 Rd, Richmond, Richmond BC
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