Property Type: Detached HouseOwnership: Freehold

88 W 48TH AVENUE

Vancouver, BC V5Y2Y4

$2,380,000

3 bed2 bath1,398 sqftBuilt 1946
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Property Details

Property & Lot

Sub-type
House
Lot size
4,026 square feet
Frontage
33 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,846.61 (2025)

Interior

Heating
Forced air
Fireplace
Yes (1)

Parking

Features
Other

Listing Information

MLS®
R3079452
Listed
January 14, 2026
Time on market
On the market for 229 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Parallel 49 Realty · Data source: CREA DDF.

Description

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. (id:63159)

Values & Trends

This listing

$1,702/sqft

Building average

No other active listings in this building

Vancouver average

$1,165/sqft

1216 active listing(s)

Parking: Not indicatedStorage 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
Sir Wm Van Horne ElementaryElementary587 m
St Andrew's(Independent)Elementary893 m
Dr Annie B Jamieson ElementaryElementary944 m
J.W. Sexsmith Community ElementaryElementary1.0 km
John Henderson ElementaryElementary1.0 km
John Oliver SecondarySecondary1.3 km
King David High School(Independent)Secondary1.3 km
Sir Winston Churchill SecondaryElementary1.5 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
Eastbound W 49 Ave @ Manitoba St95 m
Westbound W 49 Ave @ Manitoba St102 m
Westbound W 49th Ave @ Columbia St302 m
Eastbound W 49 Ave @ Alberta St332 m
Westbound E 49 Ave @ Main St442 m

Nearby Places

Restaurants (4)

  • Freshii · 6541 Main Street472 m
  • Himalaya Restaurant · 6587 Main Street490 m
  • Dhamaka Indian Restaurant · 6560 Main Street510 m
  • Main Kabab Hut · 215 East 49th Avenue510 m

Cafes (5+)

  • Tim Hortons · 6507 Main Street464 m
  • Roots Café501 m
  • Chicha San Chen · 6342 Cambie Street594 m
  • Chatime · 6361 Cambie Street644 m
  • Elysees Cafe & Bakery · 6161 Cambie Street684 m

Grocery (3)

  • Persia Foods · 6437 Main Street457 m
  • Punjab Food Center · 6635 Main Street513 m
  • Bangla Bazar · 6657 Main Street521 m

Parks (4)

  • Langara Park322 m
  • Columbia Park621 m
  • MacDonald Park787 m
  • Sunset Park · 404 East 51st Avenue797 m

Gyms (3)

  • Oakridge Physiotherapy Centre · 6317 Cambie Street651 m
  • Sunset Fitness Centre651 m
  • Axé Capoeira- Sunset CC · 6810 Main Street659 m

Pharmacies (1)

  • Naz's Pharmacy · 6410 Main Street488 m

Banks & ATMs (2)

  • Bitcoin ATM Localcoin · 6411 Main Street446 m
  • RBC Royal Bank · 6509 Main Street466 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($476,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,904,000.00
Periodic payment — Principal & Interest (monthly)$12,283.96
Additional monthly expenses (strata, tax, utilities, etc.)$890.55
Total monthly cost$13,174.51
Interest paid over 5-yr term$545,691.87
Balance at end of term$1,712,654.16

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$476,000
Stress test qualifying rate8.09%
Payment you must qualify for$14,641.09

Cash Needed at Closing

Minimum down payment$476,000
Estimated BC PTT$49,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$526,900

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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