GREAT OPPORTUNITY for the Investors and Developers! Welcome to this well-taken-care of Vancouver special, situated on a generous 33x125 flat lot. This exceptional proptery boasts 9 bedrooms and 4 full baths, offering over 2600 SqFt of living space. The main floor features 3 bedrooms and 2 full baths with an open layout and beautiful hardwood flooring throughout. The basement, with seprate entry, include 6 additional bedrooms and 2 full baths, making it an ideal revenue-producing space. Recent updates include a durable metal roof, double-glazed windows, and water tank. This proptery generates an impressive annual rent revenue of $108,000 from single tenancy. Conveniently located between Main St and Fraser, this site holds promising future development potential for multiplex or land assembly
Address
490 E 49th Avenue
List Price
$2,149,900
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Area
Vancouver East
Sub-Area
South Vancouver
Bedrooms
9
Bathrooms
4
Floor Area
2,610 Sq. Ft.
Main Floor Area
1310
Lot Size
4127.71 Sq. Ft.
Lot Size Dimensions
32.94 x 125.31
Lot Size (Acres)
0.09 Ac.
Lot Size Units
Square Feet
Total Building Area
2610
Frontage Length
32.94
Year Built
1972
MLS® Number
R2938054
Listing Brokerage
Sutton Premier Realty
Basement Area
Full, Finished, Exterior Entry
Postal Code
V5W 2G9
Zoning
RS-1
Ownership
Freehold NonStrata
Parking
Garage Single, Open, Rear Access
Parking Places (Total)
5
Tax Year
2024
Appliances
Dishwasher, Refrigerator, Cooktop
Interior Features
Storage
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air, Natural Gas
Fireplace
Yes
Fireplace Features
Wood Burning
Number of Fireplaces
1
Garage
Yes
Garage Spaces
1
Laundry Features
In Unit
Other Structures
Shed(s)
Levels
Two
Number Of Floors In Property
2
Window Features
Window Coverings
Security Features
Smoke Detector(s)
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