Address
750 W 48th Avenue, Vancouver, BC
Price
$ 3,198,000
Property Attributes
  • MLS#R3133167
  • TypeSingle Family
  • Listing Status Active
  • CityVancouver
  • AreaVancouver West
  • NeighbourhoodOakridge VW
  • Postal CodeV5Z 2R9
  • Style
  • Year Built1963
  • Taxes$ 13941
  • Price$ 3,198,000
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage4431
  • Lot Size0.18 Acres
Data Source:
Greater Vancouver REALTORS®
Property Description

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.

General Features

Heating Electric
Garage Spaces 2
Year Built 1963
Stories Count 1
Levels One and One Half
Property Subtype Single Family Residence
Tax Year 2025
Ownership Freehold NonStrata
Property Type Residential
HOA false
Garage Y/N true
Full Baths 3
Status Active
City Vancouver
MLS Area Vancouver West
Lot Size Units Square Feet
Lot Size Square Feet 7800
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 13941
MLS Area Minor Oakridge VW
Structure Type Residential Detached
Standard Status Active

Interior Features

Basement Finished
Total Fireplaces 3
Fireplace Features Wood Burning
Heating Y/N true
Fireplace Y/N true
Half Baths 1
Total Bedrooms 6
Total Baths 4

Exterior Features

Exterior Amenities Balcony
Parking Features Garage Double
Total Parking 2
Lot Size Area 7800
Building Area Total 4431
Lot Dimensions 62 x 125
Lot Size Acres 0.18
Frontage Length 62
Waterfront Y/N false

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in V5Z 2R9