$2,998,000

1042 W 48TH AVENUE

Vancouver BC V6M 2N5 - South Granville
5 bd
5 ba
4,095 sqft
Built 1959

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. Open House Saturday March 28 from 2-4pm.

Features

Private Yard
Garage Double
Lane Access
Shopping Nearby

Property Details

MLS NumberR3103337
Property TypeSingle Family Residence
Bedrooms5
Bathrooms5
Square Feet4,095
Lot Size7,368 sqft
Year Built1959
Parking Spaces2
HeatingForced Air, Natural Gas
Days on Market1
StatusActive
Listed ByOakwyn Realty Ltd.

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