750 W 48 AVENUE, Vancouver
Exceptional development opportunity in Vancouver's prestigious Oakridge neighbourhood. This rare 62' x 125' (approx. 7,800 SF) south-facing property is designated Residential Low-Rise under the Oakridge Plan and offers potential for subdivision, multiplex development, and future low-rise redevelopment of approximately 6 to 8 storeys (buyer to verify with the City of Vancouver). The existing 4,700+ sq.ft. home provides strong holding income while redevelopment plans are pursued. An additional advantage is that the neighbouring property may also be available for purchase, creating a compelling land assembly opportunity with expanded frontage and enhanced future development potential. The primary image is a conceptual multiplex rendering. (id:62865)
Status
Active
Year Built
1963
Property Type
House
Ownership
Freehold
Parking Spaces
2
Annual Tax
$13,941
Tax Year
2025
Parcel Number
009-221-824
Data Source
Greater Vancouver REALTORS®
Bedrooms
6
Bathrooms
4
Living Area
4431 square feet
Basement
Finished
Lot Size
7800.0 sqft
Frontage
62.0 feet
Heating
Electric
$3,798,000
Office
eXp Realty
Loan Amount:
$3,038,400
Estimated Monthly Payment:
$14,807
This is an estimate for informational purposes only. Consult with a financial advisor.
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