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VANCOUVER WEST HOMES WITH SUITES FOR SALE

This VANCOUVER WEST Home Suite Homes webpage specializes in the marketing and sale of all Homes With Suites across the City of Vancouver West.

Homes with suites or Basement suites are useful to Buyers that are looking to live in Vancouver West and want to buy a Mortgage Helper and/or looking for the assistance a family member can provide by the addition of an in-law suite.  Homes with Suites are also proving attractive when blended family generations join to purchase a suited home in Vancouver West or maybe even a coach house suite.

Also new home developments across Vancouver West find Builders and Developers are sensitive to the demand for homes with suites and as a result are including roughed in plumbing and electricity whether the basement is finished or not.  And then the addition of the basement suite can be easily completed later either by the Builder or by the Buyer.

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1042 W 48th Avenue
South Granville Vancouver V6M 2N5

$2,998,000
Residential beds: 5 baths: 5.0 4,095 sq. ft. built: 1959

Main Photo: 1042 W 48th Avenue in Vancouver: South Granville House for sale (Vancouver West) : MLS®# R3103337
Photo 1: 1042 W 48th Avenue in Vancouver: South Granville House for sale (Vancouver West) : MLS®# R3103337
Photo 2: 1042 W 48th Avenue in Vancouver: South Granville House for sale (Vancouver West) : MLS®# R3103337
Photo 3: 1042 W 48th Avenue in Vancouver: South Granville House for sale (Vancouver West) : MLS®# R3103337
Photo 4: 1042 W 48th Avenue in Vancouver: South Granville House for sale (Vancouver West) : MLS®# R3103337
Photo 5: 1042 W 48th Avenue in Vancouver: South Granville House for sale (Vancouver West) : MLS®# R3103337
Photo 6: 1042 W 48th Avenue in Vancouver: South Granville House for sale (Vancouver West) : MLS®# R3103337
Photo 7: 1042 W 48th Avenue in Vancouver: South Granville House for sale (Vancouver West) : MLS®# R3103337
Photo 8: 1042 W 48th Avenue in Vancouver: South Granville House for sale (Vancouver West) : MLS®# R3103337
Photo 9: 1042 W 48th Avenue in Vancouver: South Granville House for sale (Vancouver West) : MLS®# R3103337
Photo 10: 1042 W 48th Avenue in Vancouver: South Granville House for sale (Vancouver West) : MLS®# R3103337
Photo 11: 1042 W 48th Avenue in Vancouver: South Granville House for sale (Vancouver West) : MLS®# R3103337
Photo 12: 1042 W 48th Avenue in Vancouver: South Granville House for sale (Vancouver West) : MLS®# R3103337
Photo 13: 1042 W 48th Avenue in Vancouver: South Granville House for sale (Vancouver West) : MLS®# R3103337
Photo 14: 1042 W 48th Avenue in Vancouver: South Granville House for sale (Vancouver West) : MLS®# R3103337
Photo 15: 1042 W 48th Avenue in Vancouver: South Granville House for sale (Vancouver West) : MLS®# R3103337
Photo 16: 1042 W 48th Avenue in Vancouver: South Granville House for sale (Vancouver West) : MLS®# R3103337
Status:
Active
Prop. Type:
Residential
MLS® Num:
R3103337
Bedrooms:
5
Bathrooms:
5
Year Built:
1959
Prime West Side opportunity on a 60 x 122.8 ft (7,368 sq ft) flat lot with lane access, ideally positioned on a quiet stretch of W 48th Ave. This property offers exceptional redevelopment potential under the City of Vancouver’s R1-1 multiplex zoning, allowing for up to 6 strata units or 8 secured rental units. The existing 4,095 sqft home includes a basement suite, providing solid holding income while you design and permit your project. With multiplex zoning supporting 1.0 FSR and up to 3 storeys, this is a rare chance to capitalize on Vancouver’s multiplex program. Premium location to hold, renovate, or redevelop.
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Exterior Entry to Basement, Two Levels
Ownership:
Freehold NonStrata
Year built:
1959 (Age: 67)
Living Area:
4,095 sq. ft.
Building Area - Total:
4,095 sq. ft.
Levels:
Two
Bedrooms:
5 (Above Grd: 5)
Bathrooms:
5.0 (Full:5/Half:0)
Taxes:
$14,627.2 / 2025
Lot Area:
7,368 sq. ft.
Lot Frontage:
60'
Lot Details:
60 x 122.8
Outdoor Area:
Fenced
Plan:
VAP7908
Construction Materials:
Frame Wood, Mixed (Exterior), Wood Siding
No. Floor Levels:
2.0
Floor Area Fin - Above Main:
1,432 sq. ft.
Floor Area Fin - Above Main 2:
0 sq. ft.
Floor Area Fin - Main:
1,772 sq. ft.
Floor Area Fin - Total:
4,095 sq. ft.
Fireplaces:
2
# Of Roughed-in Fireplaces:
2
Fireplace Details:
Wood Burning
# Of Garage Spaces:
2.0
Parking Features:
Garage Double, Lane Access
Parking:
Garage Double
Parking Total/Covered:
2 / 2
Private Yard
Shopping Nearby
1
Dishwasher, Refrigerator
Washer/Dryer, Dishwasher, Refrigerator, Stove
Age Restrictions:
No
Tax Utilities Included:
false
Home Owners Association:
No
Land Lease:
No
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Electricity:
Yes
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
  • Photo 1: 1042 W 48th Avenue in Vancouver: South Granville House for sale (Vancouver West) : MLS®# R3103337
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  • Photo 2: 1042 W 48th Avenue in Vancouver: South Granville House for sale (Vancouver West) : MLS®# R3103337
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  • Photo 16: 1042 W 48th Avenue in Vancouver: South Granville House for sale (Vancouver West) : MLS®# R3103337
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Listed by Oakwyn Realty Ltd.
Data was last updated April 1, 2026 at 08:40 AM (UTC)
Area Statistics
Listings on market:
133
Avg list price:
$3,488,000
Min list price:
$699,000
Max list price:
$14,880,000
Avg days on market:
78
Min days on market:
1
Max days on market:
1,065
Avg price per sq.ft.:
$1,172.91
These statistics are generated based on the current listing's property type and located in South Granville. Average values are derived using median calculations. This data is not produced by the MLS® system.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.