1042 W 48th Avenue, South Granville, Vancouver West

1042 W 48th Avenue, South Granville, Vancouver West

$2,998,000

About this House in South Granville, Vancouver West

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..

  • MLS®: R3103337
  • Type: House
  • Bedrooms: 5
  • Bathrooms: 5
  • Square Feet: 4,095 sqft
  • Lot Size: 7,368 sqft
  • Frontage: 60.00 ft
  • Full Baths: 5
  • Half Baths: 0
  • Taxes: $14627.2
  • Parking: Garage Double, Lane Access (2)
  • Basement: Finished, Exterior Entry
  • Storeys: 2 storeys
  • Year Built: 1959
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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. Trademark owned or controlled by The Canadian Real Estate Association. Used under license.