Property Type: Detached HouseOwnership: Freehold

750 W 48TH AVENUE

Vancouver, BC V5Z2R9

$3,798,000

6 bed4 bath2 parking4,431 sqftBuilt 1963
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Property Details

Property & Lot

Sub-type
House
Lot size
7,800 square feet
Frontage
62 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$13,941 (2025)

Interior

Basement
Finished, Unknown, Unknown
Heating
Electric
Fireplace
Yes (3)

Parking

Total spaces
2 — covered indicated
Features
Garage

Listing Information

MLS®
R3133167
Listed
June 8, 2026
Time on market
On the market for 84 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

Exceptional development opportunity in Vancouver's prestigious Oakridge neighbourhood. This rare 62' x 125' (approx. 7,800 SF) south-facing property is designated Residential Low-Rise under the Oakridge Plan and offers potential for subdivision, multiplex development, and future low-rise redevelopment of approximately 6 to 8 storeys (buyer to verify with the City of Vancouver). The existing 4,700+ sq.ft. home provides strong holding income while redevelopment plans are pursued. An additional advantage is that the neighbouring property may also be available for purchase, creating a compelling land assembly opportunity with expanded frontage and enhanced future development potential. The primary image is a conceptual multiplex rendering. (id:63159)

Values & Trends

This listing

$857/sqft

Building average

No other active listings in this building

Vancouver average

$1,165/sqft

1216 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.

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

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

44

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
Dr Annie B Jamieson ElementaryElementary162 m
King David High School(Independent)Secondary712 m
Sir Winston Churchill SecondaryElementary768 m
Johnathan Academy(Independent)Secondary779 m
Oakridge Montessori Children's Learning(Independent)Elementary791 m
Sir William Osler ElementaryElementary836 m
Sir Wilfrid Laurier ElementaryElementary964 m
Rose-des-ventsElementary1.1 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

StopTypeDistance
Westbound W 49 Ave @ Tisdall St145 m
Eastbound W 49th Ave @ Tisdall St168 m
Eastbound W 49 Ave @ Oak St344 m
Northbound Oak St @ W 49 Ave367 m
Southbound Oak St @ W 49 Ave402 m

Nearby Places

Restaurants (5+)

  • Phở Hòa409 m
  • Sushi Mura · 6485 Oak Street414 m
  • PiDGin657 m
  • Mee Bar662 m
  • Blnd Tger662 m

Cafes (5+)

  • Jazen Tea408 m
  • Tim Hortons433 m
  • Chatime · 6361 Cambie Street459 m
  • Elysees Cafe & Bakery · 6161 Cambie Street498 m
  • Chicha San Chen · 6342 Cambie Street518 m

Grocery (1)

  • Safeway606 m

Parks (3)

  • Tisdall Park246 m
  • Montgomery Park710 m
  • Cambie Park739 m

Shopping (1)

  • Oakridge Park · 650 West 41st Avenue610 m

Gyms (1)

  • Oakridge Physiotherapy Centre · 6317 Cambie Street464 m

Banks & ATMs (3)

  • Unnamed417 m
  • Scotiabank · 5812 Cambie Street792 m
  • Scotiabank · 650 West 41st Avenue796 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($759,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,038,400.00
Periodic payment — Principal & Interest (monthly)$19,602.73
Additional monthly expenses (strata, tax, utilities, etc.)$1,383.75
Total monthly cost$20,986.48
Interest paid over 5-yr term$870,814.17
Balance at end of term$2,733,050.63

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$759,600
Stress test qualifying rate8.09%
Payment you must qualify for$23,364.23

Cash Needed at Closing

Minimum down payment$759,600
Estimated BC PTT$107,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$869,000

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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