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$1,750,000

125 E 48TH AVENUE

Vancouver · MLS® R3144032

2 bed · 1 bath · 1,156 sq ft · 3,854 sq ft lot · 2 parking

House · Single Family · built 1953 · 93 days on market

Listed by Winnie Chung, Royal Pacific Realty Corp.

Realtor's description

Charming, well-maintained bungalow sits on a 32' x 122' lot in one of vancouver's most convenient locations! This bright and inviting 2 bedroom, 1 bath home offers approximately 1156 sqft of comfortable single-level living. Thoughtfully maintained, the home features storm windows for added comfort and energy efficiency, along with a functional layout. Private, low-maintenance garden & double garage. Perfectly positioned west of Main St, easy access to Oakridge, Canada Line, Langara, parks, shopping, dining & everyday amenities. Zoned R1-1 this property also offers excellent future development potential, including the possibility of a multiplex (buyers to verify development opportunities with the city). A wonderful opportunity to own, invest, or build in a highly desirable neighbourhood.

Property details

Type: House, Single Family
Bedrooms: 2
Bathrooms: 1
Living area: 1,156 sq ft
Lot: 3,854 sq ft
Parking: 2
Year built: 1953
Property tax: $8,369 / yr
Days on market: 93
MLS®: R3144032

Features

Central location
Private setting
Refrigerator
Stove
Washer & Dryer

Price check

2026 assessment: $1,723,400 · asking is +1.5%
Price per sq ft: $1,514 vs $1,012 median for houses in Vancouver for sale (1713)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 93 days · no price changes so far

The market here

Listed now: 56 days; median for 1825 houses for sale; this one 93 days

Houses in Vancouver. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$1,723,400	$5,795

The listing shows $8,369 a year in property tax.

Estimate: the BC Assessment value times Vancouver's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$8,322/mo

Mortgage $7,625 · Tax $697

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$7,625/ monthly

loan $1,400,000

25-year amortization

down payment20% · $350,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $887,375
property transfer tax: $33,000; BC general rate
cash to close: $383,000; down + PTT
total paid: $2,287,375

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

Lot outline: 357 m² (3,843 sq ft) · PID 014-395-568. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

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Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary Van Horne Elementaryhomes in this catchment
600 m away · 5855 Ontario St, Vancouver · 604-713-4965
Secondary Eric Hamber Secondaryhomes in this catchment
2.2 km away · 960 W. 33rd Avenue, Vancouver · 604-713-8927

From the Vancouver School Board's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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