Property Type: Detached HouseOwnership: FreeholdRECENTLY LISTED

433 E 48TH AVENUE

Vancouver, BC V5W2E4

$2,490,000

3 bed2 bath3 parking2,665 sqftBuilt 1938
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Property Details

Property & Lot

Sub-type
House
Lot size
8,138 square feet
Frontage
65.1 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$10,256.5 (2025)

Interior

Basement
Full, Unknown, Unknown
Heating
Forced air
Fireplace
Yes (1)

Parking

Total spaces
3 — covered indicated
Features
Garage

Listing Information

MLS®
R3159265
Listed
August 26, 2026
Time on market
On the market for 5 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Real Broker · Data source: CREA DDF.

Description

Rare opportunity on an oversized lot in the heart of Fraser - one of East Vancouver's most established and sought-after neighbourhoods. This solid, original home is move-in ready while offering tremendous potential to renovate or redevelop. Enjoy tree-lined streets, a strong sense of community, and unbeatable access to Fraser Street shops, Queen Elizabeth Park, top schools, and rapid transit. Large lots like this in a prime Vancouver location don't come along often. Act fast. (id:63159)

Values & Trends

This listing

$934/sqft

Building average

No other active listings in this building

Vancouver average

$1,165/sqft

1216 active listing(s)

Parking: 3 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.

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

$2,657,400
$2,280,700
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

17°C

Clear

Humidity 100%

Wind WNW 13 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

48

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)Elementary52 m
John Henderson ElementaryElementary461 m
John Oliver SecondarySecondary628 m
Sir Wm Van Horne ElementaryElementary959 m
Sir Alexander Mackenzie ElementaryElementary1.1 km
Pierre Elliott Trudeau ElementaryElementary1.4 km
J.W. Sexsmith Community ElementaryElementary1.4 km
Sir Sandford Fleming ElementaryElementary1.4 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
Eastbound E 49 Ave @ Prince Edward St157 m
Westbound E 49 Ave @ St. George St186 m
Westbound E 49 Ave @ Prince Edward St186 m
Eastbound E 49 Ave @ St. George St240 m
Eastbound E 49 Ave @ Main St378 m

Nearby Places

Restaurants (5+)

  • Main Kabab Hut · 215 East 49th Avenue381 m
  • So Hyang Korean Cuisine · 6345 Fraser Street387 m
  • Hyderabad Biryani House · 6231 Fraser Street407 m
  • Lee Loy B.B.Q Meats Co.413 m
  • Pho Hong Restaurant413 m

Cafes (5+)

  • Elaichi Chai · 6281 Fraser Street394 m
  • Roots Café404 m
  • Celsius · 6350 Fraser Street413 m
  • Broyé Cafe & Bakery · Fraser Street415 m
  • Breka Bakery & Café · 6533 Fraser Street426 m

Grocery (5+)

  • Fruiticana · 6257 Fraser Street386 m
  • Money BBQ & Produce · 6457 Fraser Street395 m
  • Persia Foods · 6437 Main Street413 m
  • Produce Marketplace414 m
  • Garden Fresh Food & Grocery · 6529 Fraser Street421 m

Parks (2)

  • MacDonald Park366 m
  • Sunset Park · 404 East 51st Avenue482 m

Gyms (3)

  • Axé Capoeira- Sunset CC · 6810 Main Street564 m
  • Sunset Fitness Centre567 m
  • Eastside Fitness715 m

Pharmacies (5+)

  • Naz's Pharmacy · 6410 Main Street378 m
  • Shoppers Drug Mart · 6303 Fraser Street388 m
  • Fraser Care Pharmacy · 6448 Fraser Street421 m
  • The Medicine Shoppe Pharmacy · 6180 Fraser Street461 m
  • Rexall · 6580 Fraser Street464 m

Banks & ATMs (5+)

  • BMO · 6391 Fraser Street386 m
  • State Bank of India · 6433 Fraser Street391 m
  • TD · 6499 Fraser Street393 m
  • RBC Royal Bank · 6505 Fraser Street414 m
  • Gulf & Fraser417 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($498,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,992,000.00
Periodic payment — Principal & Interest (monthly)$12,851.71
Additional monthly expenses (strata, tax, utilities, etc.)$987.71
Total monthly cost$13,839.42
Interest paid over 5-yr term$570,912.93
Balance at end of term$1,791,810.44

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$498,000
Stress test qualifying rate8.09%
Payment you must qualify for$15,317.78

Cash Needed at Closing

Minimum down payment$498,000
Estimated BC PTT$52,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$552,200

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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