Prime development opportunity in Vancouver´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 Vancouver´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:44393)
| MLS® Number | R3168439 |
| Property Type | Single Family |
| Amenities Near By | Recreation, Shopping |
| Parking Space Total | 4 |
| Bathroom Total | 3 |
| Bedrooms Total | 5 |
| Architectural Style | 2 Level |
| Basement Development | Partially Finished |
| Basement Features | Unknown |
| Basement Type | Unknown (partially Finished) |
| Constructed Date | 1970 |
| Construction Style Attachment | Detached |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Heating Type | Hot Water |
| Size Interior | 2,740 Ft2 |
| Type | House |
| Garage | 2 |
| Acreage | No |
| Land Amenities | Recreation, Shopping |
| Size Frontage | 50 Ft |
| Size Irregular | 5400 |
| Size Total | 5400 Sqft |
| Size Total Text | 5400 Sqft |
https://www.realtor.ca/real-estate/30314226/1215-e-48th-avenue-vancouver
Contact us for more information
Michael Riehl
PR Properties Real Estate Group
(604) 685-5951
(604) 685-2807
www.century21intown.ca/
Chris Pearce
PR Properties Real Estate Group
(604) 685-5951
(604) 685-2807
www.century21intown.ca/
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