48 E 57th Ave, Vancouver BC - Single Family Residence for Sale - MLS# R3122414

$2,988,000
Est. Mortgage $13,219/mo
9 Beds
8 Baths
3584 sqft
834 $ /sqft
2024 built
$2,988,000
Est. $13,219/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

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Property Details for 48 E 57th Avenue

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!

Interior Features

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

Exterior Features

Roof Other
Structures Residential Detached

Building Details

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 & Land

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

Property Timeline

Status Date Price
R3122414 / Active 05-11-2026 $2,988,000
Rooms
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
Bathrooms
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.

Map & Neighbourhood

Public Schools

Elementary
J.W. Sexsmith Community Elementary School
0.39 km
Secondary
Sir Winston Churchill Secondary School
1.5 km
Elementary
J.W. Sexsmith Community Elementary School
0.39 km

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

Private Schools

Elementary
St. Andrew's
1.19 km
Secondary
Royal Canadian College
1.58 km

Closest Transit

Bus Stop
Southbound Main St @ E 56 Ave
0.23 km
Skytrain
Skytrain @ Langara-49Th Stn
1.19 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
36.9%
No Certificate/Degree
Average
12.6%
Owner Occupied
Below Average
47.5%
Employment Rate
Average
65.3%

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 48 E 57th Avenue

BC Assessment Value — 48 E 57th Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 013-766-902).
Total Assessed Value (2026)
$2,867,000
+44.5% YoY
+15.9%/yr over 4 yr
2022 Value Trend 2026
Land
$1,691,000
Buildings
$1,176,000
Year Built
1947
Class
Residential Inclusive
Zoning
R1-1
Property Tax
$10,273
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

Mortgage Calculator for 48 E 57th Avenue

/month
Principal & Interest
Property Taxes $552
Maintenance fee 0
Financing 80% of the $2,988,000 asking price over 30 years at 4% results in approximately $11,964/month in total estimated carrying costs, $552 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%
This listing generates an estimated $9,571/month in rental income, leaving a -$2,642/month cashflow at current carrying costs. Investors targeting break-even would need roughly 39% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — South Vancouver, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $2,988,000
Vancouver Loading...
South Vancouver Loading...

No active comparable properties are currently available for this property type in Vancouver. The price evaluation chart will update as similar listings enter the market.

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

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