Vancouver Homes For Sale Under 4 Million 🏘️ Ron Parpara

Vancouver Homes For Sale Under $4 Million

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Listing Details

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750 48th Avenue - MLS® # R3133167

Property Details

List Price

3798000

Living Area

4,431 sqft.

Bedrooms

Bathrooms

3 full, 1 half

Lot Size Area

7800.0 sqft

Taxes

13941.0

Type

Single Family Residence

Style

N/A

Basement

Finished

Year Built

1963

Description

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.

Listing Provided By

eXp Realty

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