1042 W 48th Avenue, Vancouver

MLS®: R3103337

$2,998,000

4095 Sq.Ft. 5 Baths 5 Beds 7,368 Lot SqFt 1959 Built

Google Maps Map WalkScore

Swipe the photo for more.

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.

Taxes (2025): $14,627.20

Features

Washer Dryer Dishwasher Refrigerator Stove

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.