House for sale
1042 W 48th Avenue, South Granville, Vancouver
$2,998,000
Features
Style
Two Storey
Year Built
1959
Floor Area
4,095 sqft
Lot Size
7,368 sqft
Lot Frontage
60 ft
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Exterior Features
Private Yard
Fireplace Features
Wood Burning
Community
Shopping Nearby
Parking Features
Garage Double, Lane Access
Parking Spaces
2
Property Taxes
$14,627 (2025)
Description
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.
MLS® Number R3103337