88 W 48TH AVENUE, Vancouver
$2,380,000
This 4,026 sqft property in Vancouver is a detached single-family home on a lot the new rules make suitable for a multiplex. In Vancouver, most single-family lots fall under the R1-1 zone, which allows a multiplex of up to six units on many lots, and more on larger or corner sites. The final count depends on lot area, frontage, and whether you keep any existing character home, so each lot should be checked against the city's rules.
Renovate, Rent, or Redevelop – Limitless Potential in the Cambie Corridor, offers a rare opportunity for future development or a custom renovation. Nestled on a serene, tree-lined street, this charming 3-bedroom family home is the ultimate investment. Enjoy an effortless lifestyle just steps from the brand-new Oakridge Park (opening soon!), Langara College, and the Canada Line SkyTrain. Families will love the premier catchment: Van Horne Elementary and Eric Hamber Secondary. Live in, hold, or build—the choice is yours.
How this price compares
This lot asks $591 per square foot of lot. That is 32% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 574 of 758 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $2,380,000
- Lot size
- 4,026 sqft
- Lot dimensions
- 33 x 122
- Frontage
- 33 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1946
- Zoning
- RM-8A
- MLS® area
- Oakridge VW
- MLS® number
- R3079452
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Listing data via MLS®. Displayed for information only. Zoning RM-8A stamped from the city record on 2026-07-25.