$2,998,000
Sold
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 SUNDAY MAY 10TH: 2-4PM.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Finished, Exterior Entry |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Fireplace | 2 |
| Heating Type | Forced Air, Natural Gas |
| # of Kitchens | 2 |
| Flooring | Mixed |
| Foundation | Concrete Perimeter |
| Exterior Features | Private Yard |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $2,899,000 |
|---|---|
| Total Bedrooms | 5 |
| Total Bathrooms | 5 |
| Full Bathrooms | 5 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 4095 |
| Year Built | 1959 |
| Age Of Building | 67 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Garage Double, Lane Access |
| Total Parking Spaces | 2 |
| Lot Size | 7368 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 60 |
| MLS® # | R3103337 |
| Area | Vancouver West |
| Neighbourhood | South Granville |
| City | Vancouver |
| Postal Code | V6M 2N5 |
| Gross Taxes | $14,627.2 |
| Zoning | R1-1 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 21'2 x 21'2 ft |
| Main Level | Dining Room | 12'4 x 12'4 ft |
| Main Level | Kitchen | 10' x 10' ft |
| Main Level | Eating Area | 9'9 x 9'9 ft |
| Main Level | Family Room | 17' x 17' ft |
| Main Level | Laundry | 4'5 x 4'5 ft |
| Main Level | Foyer | 16'9 x 16'9 ft |
| Main Level | Bedroom | 12'1 x 12'1 ft |
| Above Level | Primary Bedroom | 14'10 x 14'10 ft |
| Above Level | Bedroom | 15'5 x 15'5 ft |
| Above Level | Bedroom | 17'5 x 17'5 ft |
| Above Level | Bedroom | 13'8 x 13'8 ft |
| Below | Kitchen | 11' x 11' ft |
| Below | Storage | 11'11 x 11'11 ft |
| Below | Utility | 12'1 x 12'1 ft |
| Below | Other | 16'10 x 16'10 ft |
| Below | Other | 16'9 x 16'9 ft |
| Below | Other | 11'1 x 11'1 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #4 |
| Above Level | No | #5 |
| Above Level | Yes | #4 |
| Above Level | Yes | #4 |
| Below | No | #4 |
Listed by: Oakwyn Realty Ltd. & Oakwyn Realty Ltd. & Maple Supreme Realty Inc.
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $3,169,000 | $115,000 | $3,284,000 |
-7.1%
|
| 2025 | $3,410,000 | $126,000 | $3,536,000 |
-0.2%
|
| 2024 | $3,409,000 | $135,000 | $3,544,000 |
+2.1%
|
| 2023 | $3,331,000 | $140,000 | $3,471,000 |
-0.1%
|
| 2022 | $3,331,000 | $145,000 | $3,476,000 | — |
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