Listing history

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About this home

Excellent Opportunity! Priced well below assessed Value! Approximately 50'X108' lot, this property offers flexibility for buyers looking to renovate and make the home their own, as well as those exploring future redevelopment potential. The existing home features a renovated functional upper-level living space, while the lower level presents an opportunity for a buyer to undertake renovations and create additional living space tailored to their needs. For builders and investors, the lot also offers potential for multi-unit redevelopment under the City of Vancouver’s R1-1 zoning framework, with new multiplex projects already taking shape throughout the surrounding East Vancouver Knight neighbourhood. This property offers multiple possibilities in an established East Vancouver community.

Home facts

Bedrooms: 5
Bathrooms: 3 full
Interior: 2,740 sq ft
Lot size: 5,400 sq ft
Year built: 1970
Storeys: 2
Parking: 6
Property type: Single Family Residence
Basement: Partially Finished
Garage: Yes
Carport: No
Fireplace: 1
Area: Vancouver East
Sub-area: Knight
Listed: Hidden until you accept the VOW terms
Structure: Residential Detached
PID: Hidden until you accept the VOW terms

Highlights

Balcony

Features and inclusions

Heating: Hot Water
Construction: Hidden until you accept the VOW terms
Roof: Hidden until you accept the VOW terms
Parking: Garage Double, Lane Access, Rear Access
Lot: Recreation Nearby
Community: Shopping Nearby

Board rules show these details to signed-in buyers who accept the VOW terms.

Listed by Century 21 In Town Realty. Data from BCRES. Last updated Nov 4, 2026, 10:09 AM.

This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

Monthly and upfront costs

Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.

Monthly ownership costs

Principal and interest: $8,478
Property tax: $525/mo
Home insurance: $150/mo
Estimated monthly total: $9,153

Purchase snapshot

List price: $1,788,800
Down payment: $357,760 (20%)
Estimated mortgage: $1,431,040

Estimates only. They leave out utilities, upkeep and closing costs.

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Space and layout

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Home value

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Neighbourhood

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Walk to Save and Stay Food Store4 min

Bike to 54th Avenue Loop6 min

Walk to 54th Avenue Loop20 min

Drive to downtown Vancouver16 min

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 42%

Homes for sale nearby, by type

Detached328 for sale

Condo / Apartment199 for sale

Half-duplex136 for sale

Townhouse90 for sale

Other19 for sale

Multi-family11 for sale

Active listings within 3 km of this home.

Homes built in Vancouver, by type

Apartment in duplex61.0% · 125

Single-detached36.6% · 75

Low-rise apartment2.4% · 5

Source: Statistics Canada, 2021 Census of Population. 205 dwellings.

Who lives here

Statistics Canada area 59150390 · Vancouver

Median age: 49
Renter households: 43%
Average household size: 2.9
Median household income: $95,000

Population (2021): 606
Median rent: $1,640
Owner shelter cost: $950
30%+ of income on shelter: 28%
Owner households: 57%
Households with kids: 37%
Immigrants: 50%
Post-secondary: 55%
Average home value (2021): $1,880,000

Breakdown

$15,000 to $19,9992.8% · 5

$25,000 to $29,9992.8% · 5

$30,000 to $34,9992.8% · 5

$35,000 to $39,9992.8% · 5

$40,000 to $44,9995.6% · 10

$45,000 to $49,9992.8% · 5

$50,000 to $59,9998.3% · 15

$60,000 to $69,9995.6% · 10

$70,000 to $79,9998.3% · 15

$90,000 to $99,9998.3% · 15

$100,000 to $124,99911.1% · 20

$125,000 to $149,99911.1% · 20

$150,000 to $199,99913.9% · 25

$200,000 and over13.9% · 25

Source: Statistics Canada, 2021 Census Profile, dissemination area 59150390.

Documents

Pick the records you want. Ray Rasouli will email what the listing brokerage shares.

Property disclosure statementReview seller-disclosed conditions and known defects.
Title searchReview registered ownership, charges, easements, and covenants.
Inspection reportsReview available property-condition findings.
Building and renovation permitsConfirm that significant work was properly permitted.
Survey or site planReview boundaries, structures, and encroachments.

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1215 E 48th Avenue

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