Excellent Opportunity! Priced well below assessed value. Situated on an approximately 50'X108' lot, this property offers flexibility for buyers looking to renovate and make the home their own, as well as those exploring future redevelopment potential. The existing home features a renovated functional upper-level living space, while the lower level presents an opportunity for a buyer to undertake renovations and create additional living space tailored to their needs. For builders and investors, the substantial lot also offers potential for multi-unit redevelopment under the City of Vancouver´s R1-1 zoning framework, with new multiplex projects already taking shape throughout the surrounding East Vancouver neighbourhoods. This property offers multiple possibilities in an established East Vancouver community. Call for more information. (id:4069)
Address
1215 E 48TH AVENUE
List Price
$1,828,000
Property Type
Single Family
Type of Dwelling
House
Style of Home
2 Level
Transaction Type
Sale
Area
British Columbia
Sub-Area
Vancouver
Bedrooms
5
Bathrooms
3
Floor Area
2,740 Sq. Ft.
Lot Size
5400 Sq. Ft.
Frontage Length
50 ft
Year Built
1970
MLS® Number
R3168439
Listing Brokerage
Century 21 In Town Realty
Basement Area
Unknown (Partially finished)
Postal Code
V5W2E8
Ownership
Freehold
Parking Places (Total)
6
Site Influences
Recreation, Shopping
Heat Type
Hot Water
Fireplace
Yes
Number of Fireplaces
1
