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Renanza Realty
For sale

1215 E 48TH AVENUE

Vancouver, British Columbia

MLS® R3168439

$1,828,000

Status
Active
Property type
House
MLS® number
R3168439
Bedrooms
5
Bathrooms
3
Year built
1970

Listing description

Prime development opportunity in Vancouver´s sought-after Knight neighbourhood. Situated on an approximately 50' x 108' lot, this property offers exciting potential for multi-unit redevelopment in an area where new multiplex projects are already taking shape. The existing home provides functional upper-level living space, creating potential for interim rental income or occupancy while redevelopment plans and permits are pursued.

With multiplex development increasingly visible throughout the surrounding East Vancouver neighbourhoods, this is an opportunity to secure a substantial lot and explore the potential for a five-unit multiplex under the City of Vancouver´s R1-1 zoning framework, subject to design, permitting and City approval. Conveniently located near schools, parks, shopping, transit and everyday amenities. An excellent opportunity for Developers looking to participate in the evolution of this established East Vancouver Knight community.

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Property summary

MLS® number
R3168439
Property type
Single Family
Building type
House
Square footage
2,740 sq ft
Title
Freehold
Land size
5400 square feet
Built in
1970
Annual property taxes
$9,450.95
Parking
4 spaces · Garage
Days on market
1 day

Features & details

Heating
Hot Water
Basement
Partially finished, Unknown, Unknown
Architectural style
2 Level

What would this home cost you?

Based on the $1,828,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$8,505 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Century 21 In Town Realty, Vancouver.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.