1042 W 48th Avenue Vancouver, British Columbia V6M 2N5

5 Bedroom 5 Bathroom 4,095 ft2
2 Level Fireplace Forced Air

$2,998,000

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. (id:63476)

Property Details

MLS® Number R3103337
Property Type Single Family
Amenities Near By Recreation, Shopping
Features Central Location
Parking Space Total 2

Building

Bathroom Total 5
Bedrooms Total 5
Appliances All
Architectural Style 2 Level
Basement Development Finished
Basement Features Separate Entrance
Basement Type Unknown (finished)
Constructed Date 1959
Construction Style Attachment Detached
Fireplace Present Yes
Fireplace Total 4
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 4,095 Ft2
Type House

Parking

Garage 2

Land

Acreage No
Land Amenities Recreation, Shopping
Size Frontage 60 Ft
Size Irregular 7368
Size Total 7368 Sqft
Size Total Text 7368 Sqft

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