$2,998,000
5
5
4,095 sqft
About this House
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.
Listed by Oakwyn Realty Ltd..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of The Valley Group for your convenience.
Disclaimer: 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Features
- MLS®: R3103337
- Type: House
- Bedrooms: 5
- Bathrooms: 5
- Square Feet: 4,095 sqft
- Lot Size: 7,368 sqft
- Frontage: 60.00 ft
- Full Baths: 5
- Half Baths: 0
- Taxes: $14627.2
- Parking: Garage Double, Lane Access (2)
- Basement: Finished, Exterior Entry
- Storeys: 2 storeys
- Year Built: 1959
Neighbourhood Intelligence by HoodQ
Here is a brief summary of some amenities close to this listing (1042 W 48th Avenue, South Granville, Vancouver West), such as schools, parks & recreation centres and public transit.
This 3rd party neighbourhood widget is powered by HoodQ, and the accuracy is not guaranteed. Nearby amenities are subject to changes and closures. Buyer to verify all details.
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