House
5 Bedrooms
5 Bathrooms
Size: 4,095 sqft
Built in 1959
$2,998,000
About this House in South Granville
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.
Listed by Oakwyn Realty Ltd..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Team 3000 Realty Ltd. for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details
- MLS®R3103337
- Bedrooms5
- Bathrooms5
- TypeHouse
- Size4,095 sqft
- Lot Size7,368 sqft
- Frontage60.00 ft
- Year Built1959
More about South Granville, Vancouver West
Latitude: 49.227307958
Longitude: -123.129571458
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