Key Facts
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- RE/MAX Select Properties
Property Description
Don’t miss this rare investment opportunity in Vancouver’s sought-after Killarney neighbourhood – this extra-large 10,977 SF lot (50 x 219.55) with back lane access offers prime redevelopment potential under R1-1 zoning with maximum FSR 1.0. This is an exceptional opportunity for developers and investors looking to build a multiplex (housing options include multiplex up to 6 dwelling units, or up to 8 rental dwelling units), duplex, or a single detached home. The existing 3 Bed, 2.5 Bath home spans 2,584 SF with a functional layout and spacious basement with recreation room, making it an excellent holding property with rental income potential, with a highly desirable location close to schools, shopping, and transit. (*Buyer to confirm redevelopment regulations with City of Vancouver.)
Rooms
- TypeLevelDimensionsFlooring
- Living roomMain18' 6" x 14' 8"Other
- Dining roomMain12' x 10' 9.6"Other
- KitchenMain9' 6.9" x 8' 3"Other
- Eating AreaMain9' 6.9" x 8' 9.9"Other
- Primary bedroomMain13' 9.6" x 12' 6"Other
- BedroomMain11' 6.9" x 9' 2"Other
- BedroomMain13' 9.6" x 10' 2"Other
- Recreation RoomBasement23' 9.6" x 13'Other
- DenBasement15' 6.9" x 12' 9.6"Other
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Location
2235 49th Avenue E, Vancouver, British Columbia, V5P 1T9 Canada
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- Principal and Interest 0
- Property Taxes 0
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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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy. Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Chilliwack and District Real Estate Board, and BC Northern Real Estate Board. All Rights Reserved.