750 W 48th Avenue, Vancouver, British Columbia

$3,198,000

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6

Beds

4

Baths

4,431

Square feet

0.18

Acres

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. (id:6289)

Features of 750 W 48th Avenue

Listing # R3133167
Price $3,198,000
Bedrooms 6
Bathrooms 4.00
Square Footage 4,431
Acres 0.18
Year Built 1963
Type Single Family
Sub-Type House

Community Information

Address 750 W 48th Avenue
City Vancouver
Province British Columbia
Postal Code V5Z2R9

Amenities

Parking Spaces 2
Parking Garage
Garages Garage
Is Waterfront No
Has Pool No

Interior

Heating Electric
Fireplace Yes
# of Fireplaces 3
Has Basement Yes
Basement Finished, Unknown, Unknown

Exterior

Lot Description 7800

Listing Details

OfficeeXp Realty

Listing Map

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