About 1215 E 48th Avenue
Excellent Opportunity! Priced well below assessed Value! Approximately 50'X108' lot, this property offers flexibility for buyers looking to renovate and make the home their own, as well as those exploring future redevelopment potential. The existing home features a renovated functional upper-level living space, while the lower level presents an opportunity for a buyer to undertake renovations and create additional living space tailored to their needs. For builders and investors, the lot also offers potential for multi-unit redevelopment under the City of Vancouver’s R1-1 zoning framework, with new multiplex projects already taking shape throughout the surrounding East Vancouver Knight neighbourhood. This property offers multiple possibilities in an established East Vancouver community.
Property Details of 1215 E 48th Avenue
| Price | $1,828,000 |
|---|---|
| Year Built | 1970 |
| Stories in Building | 2 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Floor Levels | 2 |
| Main Floor | 1,440 sqft |
| Total Size | 2,740 sqft |
| Bedrooms | 5 |
| Full Baths | 3 |
| Fireplaces | 1 |
| Heating | Hot Water |
| Basement | Partially Finished |
| Title to Land | Freehold NonStrata |
| Property Taxes | $9,451 |
Amenities and Features
| Parking Type | Garage Double, Lane Access, Rear Access |
|---|---|
| Parking Total | 6 |
| Site Influences | Recreation Nearby |
| Has Pool | No |
| Is Waterfront | No |
Lot Size
| Lot Area | 5,400 |
|---|---|
| Frontage | 50 |
| Depth | 50 x 108 |
Listing Details
| MLS® # | R3168439 |
|---|---|
| Status | Active |
| Listing Date | September 22nd, 2026 |
| Address | 1215 E 48th Avenue |
| Subdivision | Knight |
| Area | Vancouver East |
| Province | BC |
| Listing Office | Century 21 In Town Realty |