About this House
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..
Listing 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
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Hossein Pejman 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.
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