1042 W 48th Avenue

South Granville, Vancouver West

$2,998,000

price

5

bedroom

5

bathroom

4,095

sqft

About this House in South Granville

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..

Listing Details
  • MLS®: R3103337
  • Bedrooms: 5
  • Bathrooms: 5
  • Type: House
  • Size: 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

A Closer Look at the Location

South Granville, Vancouver West

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