About 750 W 48th Avenue
Massive price reduction. $273k below BC Assessment. Exceptional development opportunity in Vancouver's prestigious Oakridge neighbourhood. This rare 62' x 125' (approx. 7,800 SF) south-facing property is designated Residential Low-Rise under the Oakridge Plan and offers potential for subdivision, multiplex development, and future low-rise redevelopment of approximately 6 to 8 storeys (buyer to verify with the City of Vancouver). The existing 4,700+ sq.ft. home provides strong holding income while redevelopment plans are pursued. An additional advantage is that the neighbouring property may also be available for purchase, creating a compelling land assembly opportunity with expanded frontage and enhanced future development potential. The primary image is a conceptual multiplex rendering.
Features of 750 W 48th Avenue
| MLS® # | R3133167 |
|---|---|
| Price | $3,198,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 3 |
| Half Baths | 1 |
| Square Footage | 4,431 |
| Acres | 0.18 |
| Year Built | 1963 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
| Title To Land | Freehold NonStrata |
Community Information
| Address | 750 W 48th Avenue |
|---|---|
| Area | Vancouver West |
| Subdivision | Oakridge VW |
| City | Vancouver |
| Province | BC |
| Postal Code | V5Z 2R9 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Parking | Garage Double |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric |
|---|---|
| Fireplace | Yes |
| # of Fireplaces | 3 |
| Fireplaces | Wood Burning |
| # of Stories | 1 |
| Stories | One and One Half |
| Heating | Electric |
Exterior
| Exterior Features | Balcony |
|---|---|
| Construction | Frame Wood, Stucco |
Additional Information
| Days on Website | 91 |
|---|---|
| Taxes | $13,941.00 |
| Area | 7,800.00 Sq. Ft. |
| Frontage | 62.00 |
| Depth | 62 x 125 |
Listing Details
| Office | eXp Realty |
|---|