For Sale · Vancouver · Single Family

$2,650,000

1042 W 48TH AVENUE, Vancouver

Beds

Baths

4,095

Sq Ft

1959

Built

About This Home

The details.

Prime West Side opportunity on a 60 x 122.8 ft flat lot with lane access, ideally positioned on a quiet stretch of W 48th Ave. This 4,095 square ft home offers strong curb appeal, a spacious floor plan, a basement suite for added flexibility or holding income, and a beautifully landscaped south-facing backyard. Important updates include a roof replacement in 2021, offering a solid starting point for those considering a renovation or long-term hold. The property also carries future redevelopment potential under Vancouver´s R1-1 multiplex zoning, with the ability to build up to 6 strata units or 8 secured rental units. A rare opportunity in a premium West Side location to renovate, hold, or plan for future redevelopment. *OPEN HOUSE SAT JULY 18TH: 2-4PM* (id:66635)

Summarizing the highlights...

MLS® R3146060Listing courtesy of Oakwyn Realty Ltd.View on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Year built: 1959
Size: 4,095 sqft
Lot size: 7,368 square feet
Parking: 2 spaces
MLS number: R3146060
Data source: Greater Vancouver REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$12,393

$2,120,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$12,393

Cash flow

-$12,393

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Vancouver right now

1,688

Active listings

1,811

New this week

$859,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Vancouver.

Household and demographic stats for Vancouver, from the Statistics Canada 2021 Census.

662,248
Population (2021): 39.6
Median age: 305,335
Households: 2.1
Avg household size: 45.5%
Home ownership: $82,000
Median household income

Vancouver neighbourhood guide Full census profile Vancouver market trends

Source: Statistics Canada 2021 Census, Vancouver, City (CY).

Schools

Nearby schools.

K-12 schools closest to this home, with straight-line distances.

Sir William Osler Elementary
public · elementary
500 m
Dr Annie B Jamieson Elementary
public · elementary
570 m
King David High School
independent · secondary
810 m
Sir Wilfrid Laurier Elementary
public · elementary
1.0 km
Rose-des-vents
public · elementary
1.2 km
Secondaire Jules-Verne
public · secondary
1.2 km

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

Public Records

What the city has on file.

Independent reference data for this property from the City of Vancouver assessment roll (2026 assessment).

1959
Year built (city records): $3,169,000
Assessed land value: $115,000
Assessed improvements: $3,284,000
Total assessed value: R1-1
Zoning district: $14,221
Property taxes (2026): Freehold land
Ownership class

Assessed values are the municipal tax assessment, not a market appraisal. Contains information licensed under the Open Government Licence, City of Vancouver.

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Rental Market

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.