A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 1042 48TH AVENUE, Vancouver British Columbia V6M2N5
13 hours on Market

1042 48TH AVENUE, Vancouver, British Columbia V6M2N5

Detached
5
5
~4095 sqft
$2,998,000
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Detached
5
5
~4095 sqft

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Highlights

Property Estimate

Days on market13 hours

Estimated valueNot available

Price/Sqft$732/sqft

Monthly cost

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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. (id:39198)

Property Details

StyleHouse
View-
Age of property1959
SqFt~4095 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberR3103337
Community NameOakridge
Data SourceCREA
Listing byOakwyn Realty Ltd.

Features

Heating: Forced air, Natural gas
Basement: Finished, Separate entrance, Unknown

Parking

Garage spaces -

Garage type -

Total parking spaces 2

Property History

Mar 25, 2026
ListedActive
$2,998,000
13 hours on market
history photo preview16
Listing by crea®
Property listed by Oakwyn Realty Ltd., Brokerage
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Population and Demographics

Overview

Total population 14793
Average household income $152,893

Age (%)

0 to 19
17%
20 to 34
24%
35 to 49
18%
50 to 64
19%
65 and plus
22%

Household composition (%)

Single family
60%
Single person
31%
Multi person
8%
Multi family
1%

Mother tongue (%)

English
38%
Yue (Cantonese)
22%
Mandarin
20%
Others
4%
Punjabi (Panjabi)
3%
Spanish
2%
Korean
2%
Tagalog (Pilipino, Filipino)
2%
Min Nan (Chaochow, Teochow, Fukien, Taiwanese)
2%

House tenancy (%)

Owners
55%
Renters
45%

What’s nearby?Essentials within 5 km

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