Quick Summary

Location: 1042 W 48TH AVENUE, Vancouver, British Columbia V6M2N5
Price: $2,998,000 CAD
Status:: For Sale
Property Type:: Single Family
Area:: 4095 sqft
Bedrooms:: 5
Bathrooms:: 5
Year of Construction:: 1959
Open House:: 28/03/2026 02:00:00 PM to
28/03/2026 04:00:00 PM

MLS®#R3103337

Property Description

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 VancouverÃ‚Â´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 VancouverÃ‚Â´s multiplex program. Premium location to hold, renovate, or redevelop. Open House Saturday March 28 from 2-4pm. (id:32467)

Property Features

Ammenities Near By

Ammenities Near By: Recreation, Shopping

Building

Appliances: All
Architectural Style: 2 Level
Basement Development: Finished
Basement Features: Separate entrance
Basement Type: Unknown (Finished)
Construction Style: Detached
Fireplace: Yes
Interior Size: 4095 sqft
Building Type: House

Features

Feature: Central location

Land

Land Size: 7368 sqft

Ownership

Type: Freehold

Information entered by Oakwyn Realty Ltd.
Listing information last updated on: 2026-03-25 01:01:40

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How much could you save in commission selling with One Percent Realty?

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$500,000

Your One Percent Realty Commission savings^†

$500,000

^† Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same. Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.

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One Percent Realty's top FAQs

What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

What do you charge?

Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950

Are your listings on MLS® and realtor.ca?

Yes, and yes.

Learn more about the One Percent Realty Deal

1042 W 48TH AVENUE, Vancouver

Quick Summary

MLS®#R3103337

Property Description