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. (id:4069)
Address
1042 W 48TH AVENUE
List Price
$2,998,000
Property Type
Single Family
Type of Dwelling
Single Family
Style of Home
2 Level
Transaction Type
Sale
Area
British Columbia
Sub-Area
Vancouver
Bedrooms
5
Bathrooms
5
Floor Area
4,095 Sq. Ft.
Lot Size
7368 Sq. Ft.
Year Built
1959
MLS® Number
R3103337
Listing Brokerage
Oakwyn Realty Ltd.
| Maple Supreme Realty Inc.
Basement Area
Unknown (Finished)
Postal Code
V6M2N5
Site Influences
Recreation, Shopping
Features
Central location
Open Houses
- March 28, 2:00 PM - 4:00 PM