House
5 Bedrooms
5 Bathrooms
Size: 4,095 sqft
Built in 1959
$2,998,000
About this House in South Granville
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.
Listed by Oakwyn Realty Ltd..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Lynn Le Drew for your convenience.
Disclaimer: 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.
More Details
- MLS®R3103337
- Bedrooms5
- Bathrooms5
- TypeHouse
- Size4,095 sqft
- Lot Size7,368 sqft
- Frontage60.00 ft
- Full Baths5
- Half Baths0
- Taxes$14627.2
- ParkingGarage Double, Lane Access (2)
- BasementFinished, Exterior Entry
- Storeys2 storeys
- Year Built1959
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The Neighbourhood and Accessibility of 1042 W 48th Avenue, South Granville, Vancouver West
More about South Granville, Vancouver West
South Granville is a lively district known for its upscale shopping, art galleries, and dining. Housing includes character homes on side streets, along with modern condos and townhouses closer to Granville Street. Its mix of culture, commerce, and accessibility makes it a highly desirable area for both living and investing.
