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 Vancouver’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 Vancouver’s multiplex program. Premium location to hold, renovate, or redevelop.

Listed by Oakwyn Realty Ltd..

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Disclaimer: 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.