About 2235 E 49th Avenue
Don’t miss this rare investment opportunity in Vancouver’s sought-after Killarney neighbourhood – this extra-large 10,977 SF lot (50 x 219.55) with back lane access offers prime redevelopment potential under R1-1 zoning with maximum FSR 1.0. This is an exceptional opportunity for developers and investors looking to build a multiplex (housing options include multiplex up to 6 dwelling units, or up to 8 rental dwelling units), duplex, or a single detached home. The existing 3 Bed, 2.5 Bath home spans 2,584 SF with a functional layout and spacious basement with recreation room, making it an excellent holding property with rental income potential, with a highly desirable location close to schools, shopping, and transit. (*Buyer to confirm redevelopment regulations with City of Vancouver.)
Property Details of 2235 E 49th Avenue
| Price | $3,590,000 |
|---|---|
| Year Built | 1970 |
| Stories in Building | 2 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Rancher/Bungalow w/Bsmt. |
| Floor Levels | 2 |
| Main Floor | 1,360 sqft |
| Total Size | 2,584 sqft |
| Bedrooms | 3 |
| Full Baths | 2 |
| Half Baths | 1 |
| Heating | Forced Air, Natural Gas |
| Basement | Partially Finished |
| Title to Land | Freehold NonStrata |
| Property Taxes | $9,767 |
Amenities and Features
| Parking Type | Garage Double, Lane Access, Rear Access |
|---|---|
| Parking Total | 2 |
| Site Influences | Near Golf Course, Recreation Nearby |
Lot Size
| Lot Area | 10,978 |
|---|---|
| Frontage | 50 |
| Depth | 50 x 219.55 |
Listing Details
| MLS® # | R3018780 |
|---|---|
| Status | Active |
| Listing Date | June 23rd, 2025 |
| Address | 2235 E 49th Avenue |
| Subdivision | Killarney VE |
| Area | Vancouver East |
| Province | BC |
| Listing Office | RE/MAX Select Properties |