Prime development opportunity in Vancouver’s Knight neighbourhood. Situated on an approx 50'x108' lot, this property offers exciting potential for multi-unit redevelopment in an area where new multiplex projects have been approved and are already taking shape. The existing home provides functional upper-level living space. 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. An excellent opportunity for Developers, Builders and Investors looking to participate in the evolution of this established East Vancouver Knight community. Call for more information.
Address
1215 E 48th Avenue
List Price
$1,828,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Vancouver East
Sub-Area
Knight
Bedrooms
5
Bathrooms
3
Floor Area
2,740 Sq. Ft.
Main Floor Area
1440
Lot Size
5400 Sq. Ft.
Lot Size Dimensions
50 x 108
Lot Size (Acres)
0.12 Ac.
Lot Features
Recreation Nearby
Lot Size Units
Square Feet
Total Building Area
2740
Frontage Length
50
Year Built
1970
MLS® Number
R3168439
Listing Brokerage
Century 21 In Town Realty
Basement Area
Partially Finished
Postal Code
V5W 2E8
Zoning
R1-1
Ownership
Freehold NonStrata
Parking
Garage Double, Lane Access, Rear Access
Parking Places (Total)
4
Tax Amount
$9,450.95
Tax Year
2026
Site Influences
Balcony, Recreation Nearby, Shopping Nearby
Community Features
Shopping Nearby
Exterior Features
Balcony
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Hot Water
Fireplace
Yes
Fireplace Features
Wood Burning
Number of Fireplaces
1
Garage
Yes
Garage Spaces
2
Levels
Two
Number Of Floors In Property
2
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