Home > All listings > E 285 48th Avenue

$1,650,000

E 285 48th Avenue

Main, Vancouver, BC, V5W 2C9

4 | 2 | 2 | 1,808 sq.ft. | Year Built: 1949 |

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Builder and investor alert. Rare opportunity to secure a 33 x 126 lot in a convenient and established East Vancouver neighbourhood just off Main Street. This is an ideal property for redevelopment. Surrounded by newer construction and ongoing neighbourhood renewal, this property presents excellent potential to build a custom home or hold as a long term investment. Live or rent in this solid 4 bedroom home with separate main and basement units. Well located close to parks, schools, Langara college, transit, and the vibrant shops and restaurants along Main Street. A great chance to secure land value in a highly desirable Vancouver community.

Property Info

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MLS®: R3105319

Listing Courtesy of eXp Realty

Total Bedrooms 4

Total Bathrooms 2

Floor Space 1808 sq.ft.

Lot Size 4158 sq.ft.

Title Freehold NonStrata

Style 2 Storey w/Bsmt.

Date Listed XXXX-XX-XX

Property Type House

Listed Price $1,650,000

Unit Pricing $913/sq.ft.

Strata Fee $0.00

Tax Estimate $9,151/Year

Year Built 1949

Rooms

Main Living Room 12' * 15'

Main Kitchen 11' * 15'

Main Primary Bedroom 11' * 12'

Main Bedrooms 11' * 11'

Below Kitchen 8' * 10'

Below Laundry 8' * 8'

Below Bedrooms 10' * 11'

Below Bedrooms 13' * 13'

More Details

Storey 2

Floor Space Finished 1808.00 sq.ft.

Roof XXXXXXX

Zoning R1-1

Exterior Finish XXXXXXXXXXXXXXXXX

Parking Additional Parking, Open, Other, Lane Access, Rear Access

Parking Total 2

Fuel Heating Hot Water, Radiant

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: Vancouver East
Street Name: 48th
City: Vancouver
State Or Province: BC
Postal Code: V5W 2C9
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2025

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 2

Interior Features

Basement: Finished, Exterior Entry

Exterior Features

Roof: Asphalt

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1949
Lot Size Square Feet: 4158
Building Area Total: 1808
Living Area: 1808

Lot Information

Parcel Number: 014382750

Sold History

Selling

R3105319 House Mar 31, 2026 Listed $1,650,000

R3099838 House Mar 30, 2026 Removed $1,500,000

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City Introduction

Overview of Vancouver, BC, Canada

Population

Vancouver is the largest city in British Columbia, with a population of approximately 660,000 (2023). The Greater Vancouver area has over 2.6 million residents. Vancouver is one of Canada's most diverse cities, with significant Chinese, South Asian, and Filipino communities.

Economy

Key Industries: Technology, film production, tourism, port trade, and real estate.
Tech Hub: Known as the "Silicon Valley of the North," Vancouver is home to numerous tech companies and startups.
Film Industry: Vancouver is the third-largest film production center in North America, after Los Angeles and New York.
Port Trade: The Port of Vancouver is Canada's largest port, connecting Asian and North American markets.

Living Features

Natural Environment: Vancouver is renowned for its stunning natural scenery, including Stanley Park, English Bay, and the North Shore Mountains.
Climate: Mild winters and cool summers make it ideal for outdoor activities.
Education: Home to prestigious universities like the University of British Columbia (UBC) and Simon Fraser University (SFU).
Multiculturalism: A vibrant multicultural community with diverse dining and cultural events.

Real Estate Investment

Prices: Vancouver is one of Canada's most expensive cities, with detached homes averaging $2 million CAD and condos around $800,000 CAD (2023).

Opportunities:

Strong demand from immigrants and students ensures a robust rental market.
Limited land supply and population growth support long-term price appreciation.

Risks:

High prices and foreign buyer taxes (20%) may increase investment costs.
Vacancy taxes and property taxes are relatively high, requiring careful financial planning.

Verdict

Vancouver is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include Kitsilano and West End, while Downtown and Broadway corridor condos are attractive for investors.

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