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..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Mike Bowie 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.
Features
| 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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