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.
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Exterior Entry to Basement, Two Levels
Ownership:
Freehold NonStrata
Year built:
1959
(Age: 67)
Living Area:
4,095 sq. ft.380 m2
Building Area - Total:
4,095 sq. ft.380 m2
Levels:
Two
Bedrooms:
5
(Above Grd: 5)
Bathrooms:
5.0
(Full:5/Half:0)
Taxes:
$14,627.2 /
2025
Lot Area:
7,368 sq. ft.685 m2
Lot Frontage:
60'18.3 m
Lot Details:
60 x 122.8
Outdoor Area:
Fenced
Plan:
VAP7908
Construction Materials:
Frame Wood, Mixed (Exterior), Wood Siding
No. Floor Levels:
2.0
Floor Area Fin - Above Main:
1,432 sq. ft.133 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
1,772 sq. ft.165 m2
Floor Area Fin - Total:
4,095 sq. ft.380 m2
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
Parking Total/Covered:
2 / 2
Private Yard
Shopping Nearby
1
Dishwasher, Refrigerator
Washer/Dryer, Dishwasher, Refrigerator, Stove
Age Restrictions:
No
Tax Utilities Included:
false
Home Owners Association:
No
Land Lease:
No
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Electricity:
Yes
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Listed by Oakwyn Realty Ltd.
Data was last updated May 15, 2026 at 07:40 PM (UTC)