1215 E 48th Ave, Vancouver, BC V5W 2E8

$1,828,000
5
BD
3
BA
2,740
SqFt

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List Price
$1,828,000
Status
ACTIVE
MLS® #
R3168439
Year Built
1970
Subtype
Single Family Residence
Stories
2
Bedrooms
5
Total baths
3
Living Area
2,740
Area
Vancouver East
Community
Knight

Property Description

Excellent Opportunity! Priced well below assessed Value! Approximately 50'X108' lot, this property offers flexibility for buyers looking to renovate and make the home their own, as well as those exploring future redevelopment potential. The existing home features a renovated functional upper-level living space, while the lower level presents an opportunity for a buyer to undertake renovations and create additional living space tailored to their needs. For builders and investors, the lot also offers potential for multi-unit redevelopment under the City of Vancouver’s R1-1 zoning framework, with new multiplex projects already taking shape throughout the surrounding East Vancouver Knight neighbourhood. This property offers multiple possibilities in an established East Vancouver community.

Additional Information

Lot Size
5,400
Amenities
Near Shopping
Site Influences
Recreation Nearby
Levels
Two
Acres
0.12
Fireplaces
1
Region
Vancouver East
Title To Land
Freehold NonStrata

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NOTE: 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.