1215 E 48TH Avenue

Excellent Opportunity! Priced well below assessed value. Situated on an 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 substantial 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 neighbourhoods. This property offers multiple possibilities in an established East Vancouver community. Call for more information.