Exceptional development opportunity on a 9,005 SQFT corner lot at Granville & W 47th in Vancouver's prestigious South Granville. This prime site sits directly across from a 6-storey, 226-unit senior housing project (FSR 2.76) and lies within an emerging redevelopment zone with multiple rezoning applications (5-6 storeys, ~3.0 FSR). Ideal for holding or assembly, this property offers future potential for multifamily or mixed-use. Existing home is 2,370 SQFT with 4 beds, 2 baths - generating approx. $6,000/month in rental income. Steps to transit, shops & top schools. Secure your stake in one of Vancouver's most strategic growth corridors.
Address
1488 W 47th Avenue
List Price
$4,288,800
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Area
Vancouver West
Sub-Area
South Granville
Bedrooms
4
Bathrooms
2
Floor Area
2,370 Sq. Ft.
Main Floor Area
1320
Lot Size
9005.26 Sq. Ft.
Lot Size Dimensions
125 x 72
Lot Size (Acres)
0.21 Ac.
Lot Features
Central Location
Lot Size Units
Square Feet
Total Building Area
2370
Frontage Length
125
Year Built
1946
MLS® Number
R3026773
Listing Brokerage
RE/MAX Real Estate Services
Basement Area
Full
Postal Code
V6M 2M1
Zoning
R1-1
Ownership
Freehold NonStrata
Parking
Garage Double, Front Access, Side Access
Parking Places (Total)
2
Tax Amount
$15,275.00
Tax Year
2024
Site Influences
Central Location, Shopping Nearby
Community Features
Shopping Nearby
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air, Natural Gas
Fireplace
Yes
Fireplace Features
Wood Burning
Number of Fireplaces
2
Garage
Yes
Garage Spaces
2
Levels
Two
Number Of Floors In Property
2
Window Features
Window Coverings