1196 W 48TH AVENUE
Vancouver, BC V6M2N7
$6,880,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 7,732 square feet
- Frontage
- 63 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $28,271.4 (2026)
Interior
- Basement
- Full, Unknown, Unknown
- Heating
- Radiant heat
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (1)
Parking
- Total spaces
- 3 — covered indicated
- Features
- Garage
Listing Information
- MLS®
- R3145148
- Listed
- July 10, 2026
- Time on market
- On the market for 52 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: Royal Pacific Lions Gate Realty Ltd. · Data source: CREA DDF.
Description
Gorgeous custom built executive home in South Granville neighborhood. 7,732 square ft (63' x 122.8') huge lot with 5,445sq ft of luxurious living space, including total 5 bedrooms , 6 bath 4725 sqft Main house and 1 bdrm, 1bath 2 levels, 720 sqft laneway House. Exquisite craftsmanship, excellent floor plan, real marble on main floor, oak wood on upper floor and basement, gourmet kitchen with island & wok kitchen with top German brand Miele appliances.South facing backyard and master bedroom give you bright and warm feeling. Sauna Room Play Room, Flex Room,Recreation Room and Theater Room. The gorgeous technology smart home has extensive use of high-end crystal,wood panel, wallpaper,chandeliers, marble and granite.Beautiful landscaping and backyard for entertaining & BBQ.Must see. (id:63159)
Values & Trends
This listing
$1,456/sqft
Building average
—
No other active listings in this building
Vancouver average
$1,165/sqft
1216 active listing(s)
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.
Detached (House) Market Stats — Vancouver
Monthly figures from the Fraser Valley Real Estate Board for Vancouver detached (house)listings — not specific to this property.
MLS® HPI Benchmark Price
$2,303,200
Jul 2026
Average Sale Price
$2,623,974
Jul 2026
Monthly Sales
131
Jul 2026
Active Listings
1,316
Jul 2026
Sales-to-Active Ratio
10.0%
Jul 2026
Median Days to Contract
27 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
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
30
4/9 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
| School | Type | Distance |
|---|---|---|
| Sir William Osler Elementary | Elementary | 435 m |
| Johnathan Academy(Independent) | Secondary | 783 m |
| Oakridge Montessori Children's Learning(Independent) | Elementary | 851 m |
| Dr Annie B Jamieson Elementary | Elementary | 892 m |
| Sir Winston Churchill Secondary | Elementary | 964 m |
| King David High School(Independent) | Secondary | 1.0 km |
| Vancouver College(Independent) | K-12 | 1.1 km |
| Sir Wilfrid Laurier Elementary | Elementary | 1.1 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
| Stop | Type | Distance |
|---|---|---|
| Westbound W 49 Ave @ Montgomery St | — | 85 m |
| Eastbound W 49 Ave @ Hudson St | — | 132 m |
| Eastbound W 49 Ave @ Montgomery St | — | 157 m |
| Westbound W 49 Ave @ Hudson St | — | 179 m |
| Westbound W 49 Ave @ Oak St | — | 319 m |
Nearby Places
Restaurants (2)
- Sushi Mura · 6485 Oak Street327 m
- Phở Hòa329 m
Cafes (2)
- Jazen Tea329 m
- Tim Hortons337 m
Parks (1)
- Montgomery Park470 m
Banks & ATMs (1)
- Unnamed349 m
Nearby places data: © OpenStreetMap contributors.
School district: Vancouver (SD39)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($1,376,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.