Property Type: DuplexOwnership: Strata

1 281 E 48TH AVENUE

Vancouver, BC V5W2C9

$1,498,000

5 bed4 bath2 parking1,493 sqftBuilt 2026
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Property Details

Property & Lot

Sub-type
Duplex
Style
2 Level
Lot size
4,158 square feet
Frontage
33 feet

Ownership & Fees

Property type
Duplex
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$6,702.65 (2025)

Interior

Basement
Finished, Separate entrance, Unknown
Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
None
Appliances
All

Building

Security
Security system, Smoke Detectors
Parcel ID (PID)
032-765-304

Parking

Total spaces
2 — covered indicated
Features
Garage, Carport

Listing Information

MLS®
R3149669
Listed
July 24, 2026
Time on market
On the market for 38 days
Tax assessment year
2025
Data last synced
August 31, 2026

Listing provided by: Sutton Group-West Coast Realty · Data source: CREA DDF.

Description

3-level half-duplex offering 1500 sqft of well-designed living space in a desirable Vancouver location with no strata fee. The main floor features 10' ceilings, large windows, and a bright open-concept layout ideal for everyday living and entertaining. Upstairs offers 3 spacious bedrooms, while the lower level includes a legal 2-bedroom legal suite, perfect for rental income or extended family. Situated on a 4158sqft lot, this home feels like a detached property and includes a private garage, large backyard, and extra parking. Quality finishes include engineered hardwood flooring, AC, security system, EV-ready garage, and premium appliances. Conveniently located steps to shopping, parks, restaurants, and transit, Sir Alexander Mackenzie Elementary and John Oliver Secondary. (id:63159)

Values & Trends

This listing

$1,003/sqft

Building average

No other active listings in this building

Vancouver average

$1,102/sqft

419 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Clear

15°C

Clear

Humidity 100%

Wind NW 5 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

662,248

(2021 Census)

+4.9% since 2016

Density: 5,749.7/km²

Dwellings: 328,347

Median household income: $82,000

After-tax: $72,000

Immigrant population: 42.2%

Top countries of origin (% of total population)

  • China9.6% · 63,270
  • Philippines4.5% · 29,925
  • Hong Kong3.8% · 25,485
  • India2.2% · 14,640
  • United Kingdom1.9% · 12,895
  • Viet Nam1.8% · 12,115
  • Taiwan1.5% · 9,865
  • United States of America1.5% · 9,790

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

70

7/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
St Andrew's(Independent)Elementary333 m
John Henderson ElementaryElementary601 m
Sir Wm Van Horne ElementaryElementary727 m
John Oliver SecondarySecondary799 m
J.W. Sexsmith Community ElementaryElementary1.2 km
Sir Alexander Mackenzie ElementaryElementary1.3 km
Pierre Elliott Trudeau ElementaryElementary1.4 km
Dr Annie B Jamieson ElementaryElementary1.5 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Northbound Main St @ E 49 Ave128 m
Eastbound E 49 Ave @ Main St150 m
Southbound Main St @ E 46 Ave168 m
Westbound E 49 Ave @ Main St180 m
Southbound Main St @ E 49 Ave199 m

Nearby Places

Restaurants (5+)

  • Main Kabab Hut · 215 East 49th Avenue138 m
  • Dhamaka Indian Restaurant · 6560 Main Street212 m
  • Freshii · 6541 Main Street215 m
  • Himalaya Restaurant · 6587 Main Street252 m
  • So Hyang Korean Cuisine · 6345 Fraser Street690 m

Cafes (5+)

  • Roots Café169 m
  • Tim Hortons · 6507 Main Street186 m
  • Elaichi Chai · 6281 Fraser Street693 m
  • Breka Bakery & Café · 6533 Fraser Street713 m
  • Celsius · 6350 Fraser Street717 m

Grocery (5+)

  • Persia Foods · 6437 Main Street124 m
  • Punjab Food Center · 6635 Main Street299 m
  • Bangla Bazar · 6657 Main Street318 m
  • Fruiticana · 6257 Fraser Street682 m
  • Money BBQ & Produce · 6457 Fraser Street695 m

Parks (2)

  • MacDonald Park352 m
  • Sunset Park · 404 East 51st Avenue467 m

Gyms (2)

  • Sunset Fitness Centre448 m
  • Axé Capoeira- Sunset CC · 6810 Main Street451 m

Pharmacies (5+)

  • Naz's Pharmacy · 6410 Main Street83 m
  • Shoppers Drug Mart · 6303 Fraser Street691 m
  • Fraser Care Pharmacy · 6448 Fraser Street722 m
  • The Medicine Shoppe Pharmacy · 6180 Fraser Street746 m
  • Rexall · 6580 Fraser Street748 m

Banks & ATMs (5+)

  • Bitcoin ATM Localcoin · 6411 Main Street121 m
  • RBC Royal Bank · 6509 Main Street197 m
  • TD · 6499 Fraser Street689 m
  • BMO · 6391 Fraser Street690 m
  • State Bank of India · 6433 Fraser Street693 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($124,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,198,400.00
Periodic payment — Principal & Interest (monthly)$7,731.67
Additional monthly expenses (strata, tax, utilities, etc.)$633.55
Total monthly cost$8,365.22
Interest paid over 5-yr term$343,464.88
Balance at end of term$1,077,964.68

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$124,800
Stress test qualifying rate8.09%
Payment you must qualify for$10,559.43

Cash Needed at Closing

Minimum down payment$124,800
Estimated BC PTT$27,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$154,260

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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