Quick Summary

Location: 1215 E 48TH AVENUE, Vancouver, British Columbia V5W2E8
Price: $1,828,000 CAD
Status:: For Sale
Property Type:: Single Family
Area:: 2740 sqft
Bedrooms:: 5
Bathrooms:: 3
Garages:: 4
Year of Construction:: 1970

MLS®#R3168439

Property Description

Prime development opportunity in VancouverÂ´s sought-after Knight neighbourhood. Situated on an approximately 50' x 108' lot, this property offers exciting potential for multi-unit redevelopment in an area where new multiplex projects are already taking shape. The existing home provides functional upper-level living space, creating potential for interim rental income or occupancy while redevelopment plans and permits are pursued. With multiplex development increasingly visible throughout the surrounding East Vancouver neighbourhoods, this is an opportunity to secure a substantial lot and explore the potential for a five-unit multiplex under the City of VancouverÂ´s R1-1 zoning framework, subject to design, permitting and City approval. Conveniently located near schools, parks, shopping, transit and everyday amenities. An excellent opportunity for Developers looking to participate in the evolution of this established East Vancouver Knight community. Call for more information. (id:32467)

Property Features

Ammenities Near By

Ammenities Near By: Recreation, Shopping

Building

Architectural Style: 2 Level
Basement Development: Partially finished
Basement Features: Unknown
Basement Type: Unknown (Partially finished)
Construction Style: Detached
Fireplace: Yes
Interior Size: 2740 sqft
Building Type: House

Land

Land Size: 5400 sqft

Ownership

Type: Freehold

Information entered by Century 21 In Town Realty
Listing information last updated on: 2026-09-22 21:58:49

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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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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!

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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

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1215 E 48TH AVENUE, Vancouver

Quick Summary

MLS®#R3168439

Property Description