Luxury Custom-Built Home with 2 Mortgage Helpers in the heart of South Vancouver! This beautifully crafted residence offers elegant design, functional living, and exceptional income potential with a 2-bedroom basement suite currently rented for $2,000/month plus a professionally managed laneway home generating approx. $2,900/month before fees. Main home features bright open-concept living, gourmet kitchen, quality finishings, A/C, radiant heating, and thoughtful family-friendly layout. Enjoy modern curb appeal, private outdoor space, and valuable rental flexibility for multi-generational living or investors. Conveniently located near transit, schools, parks, shopping, and Langara. A rare opportunity offering comfort, style, and strong cash flow potential!
| Basement Finished Area (sqft) | 875 |
|---|---|
| Basement Features | Full |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Fireplace | 1 |
| Heating Type | Baseboard, Natural Gas, Radiant |
| # of Kitchens | 3 |
| Flooring | Mixed |
| Foundation | Concrete Perimeter |
| Roof | Other |
|---|---|
| Structures | Residential Detached |
| Price | $2,988,000 |
|---|---|
| Total Bedrooms | 9 |
| Total Bathrooms | 8 |
| Full Bathrooms | 7 |
| Half Bathrooms | 1 |
| Floor Area Total (sqft) | 3584 |
| Year Built | 2024 |
| Age Of Building | 2 |
| 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 |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Carport Single, Rear Access |
| Total Parking Spaces | 1 |
| Lot Size | 3400 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 33 |
| MLS® # | R3122414 |
| Area | Vancouver East |
| Neighbourhood | South Vancouver |
| City | Vancouver |
| Postal Code | V5X 1S4 |
| Gross Taxes | $6,618.43 |
| Zoning | R1-1 |
| Status | Date | Price |
|---|---|---|
| R3122414 / Active | 05-11-2026 | $2,988,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Porch (enclosed) | 6'2 x 6'2 ft |
| Main Level | Den | 8'1 x 8'1 ft |
| Main Level | Living Room | 12'3 x 12'3 ft |
| Main Level | Dining Room | 12'3 x 12'3 ft |
| Main Level | Family Room | 12'3 x 12'3 ft |
| Main Level | Kitchen | 11'6 x 11'6 ft |
| Above Level | Primary Bedroom | 13'10 x 13'10 ft |
| Above Level | Bedroom | 11'10 x 11'10 ft |
| Above Level | Bedroom | 10'2 x 10'2 ft |
| Basement Level | Kitchen | 10'5 x 10'5 ft |
| Basement Level | Recreation Room | 11'1 x 11'1 ft |
| Basement Level | Bedroom | 7'1 x 7'1 ft |
| Basement Level | Bedroom | 10'5 x 10'5 ft |
| Basement Level | Bedroom | 11'5 x 11'5 ft |
| Main Level | Kitchen | 6'10 x 6'10 ft |
| Main Level | Living Room | 9' x 9' ft |
| Above Level | Bedroom | 11' x 11' ft |
| Above Level | Bedroom | 12'6 x 12'6 ft |
| Above Level | Bedroom | 12'6 x 12'6 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Above Level | Yes | #5 |
| Above Level | No | #3 |
| Basement | No | #3 |
| Basement | No | #3 |
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.
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 |
|---|---|---|---|---|---|
| Schools Near 48 E 57th Avenue | |||||
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,691,000 | $1,176,000 | $2,867,000 |
+44.5%
|
| 2025 | $1,682,210 | $302,000 | $1,984,210 |
+9.3%
|
| 2024 | $1,791,000 | $23,600 | $1,814,600 |
+7.3%
|
| 2023 | $1,668,000 | $23,300 | $1,691,300 |
+6.6%
|
| 2022 | $1,564,000 | $23,200 | $1,587,200 | — |
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