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750 W 48TH AVENUE

Vancouver, V5Z2R9

$3,798,000

Bedrooms

6

Bathrooms

4

Living area

4,431 sqft

Year built

1963

Parking

2

Type

House

Neighbourhood

Oakridge

Days on market

83

About this property

Exceptional development opportunity in Vancouver's prestigious Oakridge neighbourhood. This rare 62' x 125' (approx. 7,800 SF) south-facing property is designated Residential Low-Rise under the Oakridge Plan and offers potential for subdivision, multiplex development, and future low-rise redevelopment of approximately 6 to 8 storeys (buyer to verify with the City of Vancouver). The existing 4,700+ sq.ft. home provides strong holding income while redevelopment plans are pursued. An additional advantage is that the neighbouring property may also be available for purchase, creating a compelling land assembly opportunity with expanded frontage and enhanced future development potential. The primary image is a conceptual multiplex rendering. (id:65008)

Location

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