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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 sq 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.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Finished, Exterior Entry |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Fireplace | 2 |
| Heating Type | Forced Air, Natural Gas |
| # of Kitchens | 2 |
| Flooring | Mixed |
| Foundation | Concrete Perimeter |
| Exterior Features | Private Yard |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $2,750,000 |
|---|---|
| Total Bedrooms | 5 |
| Total Bathrooms | 5 |
| Full Bathrooms | 5 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 4095 |
| Year Built | 1959 |
| Age Of Building | 67 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Garage Double, Lane Access |
| Total Parking Spaces | 2 |
| Lot Size | 7368 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 60 |
| MLS® # | R3134793 |
| Area | Vancouver West |
| Neighbourhood | South Granville |
| City | Vancouver |
| Postal Code | V6M 2N5 |
| Gross Taxes | $14,627.2 |
| Zoning | R1-1 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 21'2 x 21'2 ft |
| Main Level | Dining Room | 12'4 x 12'4 ft |
| Main Level | Kitchen | 10' x 10' ft |
| Main Level | Eating Area | 9'9 x 9'9 ft |
| Main Level | Family Room | 17' x 17' ft |
| Main Level | Laundry | 4'5 x 4'5 ft |
| Main Level | Foyer | 16'9 x 16'9 ft |
| Main Level | Bedroom | 12'1 x 12'1 ft |
| Above Level | Primary Bedroom | 14'10 x 14'10 ft |
| Above Level | Bedroom | 15'5 x 15'5 ft |
| Above Level | Bedroom | 17'5 x 17'5 ft |
| Above Level | Bedroom | 13'8 x 13'8 ft |
| Below | Kitchen | 11' x 11' ft |
| Below | Storage | 11'11 x 11'11 ft |
| Below | Utility | 12'1 x 12'1 ft |
| Below | Other | 16'10 x 16'10 ft |
| Below | Other | 16'9 x 16'9 ft |
| Below | Other | 11'1 x 11'1 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #4 |
| Above Level | No | #5 |
| Above Level | Yes | #4 |
| Above Level | Yes | #4 |
| Below | No | #4 |
Listed by: Oakwyn Realty Ltd. & Oakwyn Realty Ltd. & Maple Supreme Realty Inc.
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
1042 W 48th Avenue has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6M 2N5, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 4.1 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Vancouver International Airport #2, Richmond (~4.9 km). Annual avg AQHI 2.2 — Low Risk.
Vancouver currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.
Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
1042 W 48th Ave, Vancouver, BC is ideally located for commuters. The property is 1.0 km from Langara-49th, with a 29 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound W 49 Ave @ Oak St (0.08 km). Walk Score Transit rating: Excellent Transit (72/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $3,169,000 | $115,000 | $3,284,000 |
-7.1%
|
| 2025 | $3,410,000 | $126,000 | $3,536,000 |
-0.2%
|
| 2024 | $3,409,000 | $135,000 | $3,544,000 |
+2.1%
|
| 2023 | $3,331,000 | $140,000 | $3,471,000 |
-0.1%
|
| 2022 | $3,331,000 | $145,000 | $3,476,000 | — |
Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $3,110,000 across 2 active listings — this listing is 11.6% below the Vancouver average.
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