Mar 28, 2026
02:00 PM
-
04:00 PM
PDT
1042 W 48th Avenue
Vancouver
V6M 2N5
$2,998,000
Residential
beds: 5
baths: 5.0
4,095 sq. ft.
built: 1959
Open House
-
Mar 28, 2026
02:00 PM
-
04:00 PM
PDT
NOTES: Open House on Saturday, March 28, 2026 2:00PM - 4:00PM
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- R3103337
- Bedrooms:
- 5
- Bathrooms:
- 5
- Year Built:
- 1959
- Photos (16)
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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.
- Property Type:
- Residential
- Dwelling Type:
- Single Family Residence
- Home Style:
- Exterior Entry to Basement, Two Levels
- Ownership:
- Freehold NonStrata
- Manufactured Type:
- Signup
- Year built:
- 1959 (Age: 67)
- Living Area:
- 4,095 sq. ft.
- Floor Area - Unfinished:
- Signup
- Floor Area - Detached 2nd Residence:
- Signup
- Building Area - Total:
- 4,095 sq. ft.
- Levels:
- Two
- Rainscreen:
- Signup
- Bedrooms:
- 5 (Above Grd: 5)
- Bathrooms:
- 5.0 (Full:5/Half:0)
- Kitchens:
- Signup
- Rooms:
- Signup
- Taxes:
- $14,627.2 / 2025
- Lot Area:
- 7,368 sq. ft.
- Lot Frontage:
- 60'
- Lot Details:
- 60 x 122.8
- Exposure / Faces:
- Signup
- Rear Yard Exposure:
- Signup
- Outdoor Area:
- Fenced
- Pad Rental:
- Signup
- # or % of Rentals Allowed:
- Signup
- Water Supply:
- Signup
- Plan:
- VAP7908
- Construction Materials:
- Frame Wood, Mixed (Exterior), Wood Siding
- Foundation:
- Signup
- Basement:
- Signup
- Full Height:
- Signup
- Crawl Height:
- Signup
- Roof:
- Signup
- No. Floor Levels:
- 2.0
- Floor Finish:
- Signup
- Floor Area Fin - Above Grade:
- Signup
- Floor Area Fin - Above Main:
- 1,432 sq. ft.
- Floor Area Fin - Above Main 2:
- 0 sq. ft.
- Floor Area Fin - Main:
- 1,772 sq. ft.
- Floor Area Fin - Below Main:
- Signup
- Floor Area Fin - Below Grade:
- Signup
- Floor Area Fin - Basement:
- Signup
- Floor Area Fin - Total:
- 4,095 sq. ft.
- Heating:
- Signup
- Fireplaces:
- 2
- # Of Roughed-in Fireplaces:
- 2
- Fireplace Details:
- Wood Burning
- # Of Garage Spaces:
- 2.0
- Parking Features:
- Garage Double, Lane Access
- Parking:
- Garage Double
- # Of Parking Spaces - Total:
- Signup
- # Of Covered Spaces:
- Signup
- Parking Total/Covered:
- 2 / 2
- Flood Plain:
- Signup
- Suite:
- Signup
- Private Yard
- Shopping Nearby
- 1
- Dishwasher, Refrigerator
- Washer/Dryer, Dishwasher, Refrigerator, Stove
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Council Approval:
- Signup
- Income Per Annum:
- Signup
- Oper. Expenses:
- Signup
- Net Operating Income:
- Signup
- Age Restrictions:
- No
- Tax Utilities Included:
- false
- Dist to Public Trans:
- Signup
- Dist to School Bus:
- Signup
- Property Disclosure:
- Signup
- Fixtures Leased:
- Signup
- Fixtures Removed:
- Signup
- Home Owners Association:
- No
- Land Lease:
- No
- Zoning:
- Signup
- Access to property:
- Signup
- Utilities:
- Electricity Connected, Natural Gas Connected, Water Connected
- Telephone Service:
- Signup
- Electricity:
- Yes
- Fencing:
- Signup
- Sewer:
- Public Sewer, Sanitary Sewer, Storm Sewer
- Plumbing Details:
- Signup
- Sketch Attached:
- Signup
- Restrictions:
- Signup
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Listed by Oakwyn Realty Ltd.
Data was last updated March 25, 2026 at 12:40 AM (UTC)
Area Statistics
- Listings on market:
- 128
- Avg list price:
- $3,534,000
- Min list price:
- $699,000
- Max list price:
- $14,880,000
- Avg days on market:
- 70
- Min days on market:
- 1
- Max days on market:
- 1,057
- Avg price per sq.ft.:
- $1,173.67
These statistics are generated based on the current listing's property type
and located in
South Granville. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- MARCE MILLER, PREC*
- Oakwyn Realty Ltd.
- 778.987.2380
- MMiller@MarceMiller.com
- KymBuna Group
- Keller Williams Ocean Realty VanCentral
- Contact by Email
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.