1042 W 48th Avenue, Vancouver

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MLS®: R3103337

$2,998,000

4095 Sq.Ft. 5 Baths 5 Beds 7,368 Lot SqFt 1959 Built $0.00 Maint. fees

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Open House: Saturday 28th March: 2:00-4:00pm

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. Open House Saturday March 28 from 2-4pm.

Taxes (2025): $14,627.20