1042 W 48TH AVENUE, Vancouver
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)
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®
Bedrooms
5
Bathrooms
5
Living Area
4095 square feet
Architectural Style
2 Level
Basement
Finished, Separate entrance
Appliances
Lot Size
7368.0 sqft
Frontage
60.0 feet
Lot Features
Heating
Forced air, Natural gas
$2,998,000
Office
Oakwyn Realty Ltd.
Loan Amount:
$2,398,400
Estimated Monthly Payment:
$11,688
This is an estimate for informational purposes only. Consult with a financial advisor.
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