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1042 W 48TH AVENUE, Vancouver

MLS® #R3103337
About this Property

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. (id:62865)

Property Information

Status

Active

Year Built

1959

Property Type

House

Ownership

Freehold

Parking Spaces

2

Annual Tax

$14,627

Tax Year

2025

Parcel Number

010-301-569

Data Source

Greater Vancouver REALTORS®

Interior Details

Bedrooms

5

Bathrooms

5

Living Area

4095 square feet

Architectural Style

2 Level

Basement

Finished, Separate entrance

Appliances

All
Exterior & Lot

Lot Size

7368.0 sqft

Frontage

60.0 feet

Lot Features

Central location
Building & Utilities

Heating

Forced air, Natural gas

$2,998,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
5Beds
5Baths
4095sqft
Listing Courtesy of

Office

Oakwyn Realty Ltd.

Mortgage Calculator
$599,600

Loan Amount:

$2,398,400

Estimated Monthly Payment:

$11,688

This is an estimate for informational purposes only. Consult with a financial advisor.