1042 W 48TH AVENUE, Vancouver BC V6M 2N5 - Photo 1 of 16, Vancouver, British Columbia
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$2,899,000

1042 W 48TH AVENUE, Vancouver BC V6M 2N5

Oakwyn Realty Ltd.
MLS® R3103337
5Beds
5Baths
4,095Sq Ft
2Parking
1959Built
7,368Lot Sq Ft

About This Property

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 Location

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Property Details

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Property Type
Single Family Residence
Bedrooms
5
Bathrooms
5
Building Area
4,095 sqft
Living Area
4,095 sqft
Year Built
1959
Stories
2.0
Status
Active
MLS® Number
R3103337

Location & Neighborhood

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Vancouver Market Snapshot

4,735

Active Listings

$1.4M

Median Price

79

Avg Days on Market

Last updated: May 12, 2026

Listed by

Oakwyn Realty Ltd. · MLS® R3103337

The data relating to real estate on this website comes in part from the MLS® Reciprocity program.

$2,899,000