285 E 48th Ave, Vancouver BC - Single Family Residence for Sale - MLS# R3105319

$1,490,000
Est. Mortgage $6,592/mo
4 Beds
2 Baths
1808 sqft
824 $ /sqft
1949 built
Land Value only, 9.7% price reduction
$1,490,000
$1,650,000
Est. $6,592/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 285 E 48th Avenue

Land Value only 9.7% price reduction

Builder and investor alert. Rare opportunity to secure a 33 x 126 lot in a convenient and established East Vancouver neighbourhood just off Main Street. This is an ideal property for redevelopment. Surrounded by newer construction and ongoing neighbourhood renewal, this property presents excellent potential to build a custom home or hold as a long term investment. Live or rent in this solid 4 bedroom home with separate main and basement units. Well located close to parks, schools, Langara college, transit, and the vibrant shops and restaurants along Main Street. A great chance to secure land value in a highly desirable Vancouver community.

Interior Features

Basement Finished Area (sqft) 904
Basement Features Finished, Exterior Entry
Heating Type Hot Water, Radiant
# of Kitchens 2
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $1,490,000
Total Bedrooms 4
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1808
Year Built 1949
Age Of Building 77
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Additional Parking, Open, Other, Lane Access, Rear Access
Total Parking Spaces 2
Rental Suites Legal Suite

Lot & Land

Lot Size 4158
Lot Size Depth Feet
Lot Size Frontage 33
MLS® # R3105319
Area Vancouver East
Neighbourhood Main
City Vancouver
Postal Code V5W 2C9
Gross Taxes $9,151.08
Zoning R1-1

Property Timeline

Status Date Price
R3105319 / Active 03-31-2026 $1,490,000
Rooms
Floor Type Dimensions
Main Level Living Room 12' x 12' ft
Main Level Kitchen 11' x 11' ft
Main Level Primary Bedroom 11' x 11' ft
Main Level Bedroom 11' x 11' ft
Below Kitchen 8' x 8' ft
Below Laundry 8' x 8' ft
Below Bedroom 10' x 10' ft
Below Bedroom 13' x 13' ft
Bathrooms
Floor Ensuite Pieces
Above Level No #4
Below No #4

Listed by: eXp Realty

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.

Map & Neighbourhood

Public Schools

Secondary
John Oliver Secondary School
0.81 km
Elementary
John Henderson Elementary School
Below Average
0.59 km
2.9/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St. Andrew's
0.32 km
Secondary
King David High School
1.83 km

Closest Transit

Bus Stop
Northbound Main St @ E 49 Ave
0.13 km
Skytrain
Skytrain @ Langara-49Th Stn
1.18 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average
38.9%
No Certificate/Degree
Average
14.1%
Owner Occupied
Below Average
47%
Employment Rate
Above Average
67.9%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 285 E 48th Avenue

BC Assessment Value — 285 E 48th Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 014-382-750).
Total Assessed Value (2026)
$1,764,500
-7.2% YoY
+0.4%/yr over 4 yr
2022 Value Trend 2026
Land
$1,738,000
Buildings
$26,500
Year Built
1949
Class
Residential Inclusive
Zoning
R1-1
Property Tax
$9,244
Year Land Improvements Total Assessed YOY Change
2026 $1,738,000 $26,500 $1,764,500
-7.2%
2025 $1,869,000 $32,400 $1,901,400
+0.2%
2024 $1,863,000 $35,400 $1,898,400
+7.7%
2023 $1,726,000 $36,100 $1,762,100
+1.7%
2022 $1,696,000 $37,100 $1,733,100

Mortgage Calculator for 285 E 48th Avenue

/month
Principal & Interest
Property Taxes $763
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($298,000), the estimated monthly payment for this listing is $6,454/month — $5,691 principal & interest, $763 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $5,670/month, this property runs a $974/month shortfall after mortgage and carrying costs. Break-even requires approximately 34% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Main, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $1,490,000
Vancouver Loading...
Main Loading...

Based on 2 comparable active Single Family Residences in Main, the average asking price is $1,490,000. This listing is priced 0% below the neighbourhood average. This property is flagged as a Hot Deal (Land Value only, 9.7% price reduction) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $9,593
0 of 17 missions

Sign up on Estateblock.com

$480 / 5%

Buy with us & save on this property

Similar Single Family Residences for Sale in Main

Recently Sold Homes Near 285 E 48th Avenue