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.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Partially Finished |
| Fireplace | 1 |
| Heating Type | Hot Water |
| # of Kitchens | 2 |
| Foundation | Concrete Perimeter |
| Exterior Features | Balcony |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $1,828,000 |
|---|---|
| Total Bedrooms | 5 |
| Total Bathrooms | 3 |
| Full Bathrooms | 3 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 2740 |
| Year Built | 1970 |
| Age Of Building | 56 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Garage Double, Lane Access, Rear Access |
| Total Parking Spaces | 6 |
| Lot Size | 5400 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 50 |
| MLS® # | R3168439 |
| Area | Vancouver East |
| Neighbourhood | Knight |
| City | Vancouver |
| Postal Code | V5W 2E8 |
| Gross Taxes | $9,450.95 |
| Zoning | R1-1 |
| Status | Date | Price |
|---|---|---|
| R3168439 / Active | 09-22-2026 | $1,828,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 21'0 x 21'0 ft |
| Main Level | Dining Room | 12'0 x 12'0 ft |
| Main Level | Kitchen | 12'0 x 12'0 ft |
| Main Level | Eating Area | 9'0 x 9'0 ft |
| Main Level | Primary Bedroom | 14'0 x 14'0 ft |
| Main Level | Bedroom | 11'3 x 11'3 ft |
| Main Level | Bedroom | 11'0 x 11'0 ft |
| Below | Living Room | 20'0 x 20'0 ft |
| Below | Den | 16'5 x 16'5 ft |
| Below | Kitchen | 12'8 x 12'8 ft |
| Below | Storage | 7'0 x 7'0 ft |
| Below | Bedroom | 10'7 x 10'7 ft |
| Below | Bedroom | 15'0 x 15'0 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #3 |
| Main Level | No | #5 |
| Below | No | #4 |
Listed by: Century 21 In Town Realty & Century 21 In Town Realty
NOTE: 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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
1215 E 48th Avenue has a sell-speed score of 56/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 10.4% below comparable active properties in Knight, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5W 2E8, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~3.8 km). Annual avg AQHI 2.2 — Low Risk.
Vancouver currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.
Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
38 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Sir Sandford Fleming Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
5.1 / 10 |
Distance347 m
|
Sir Alexander Mackenzie Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.3 / 10 |
Distance941 m
|
David Thompson Secondary School |
Public |
Grades Served8-12
|
Catchment InfoIn Catchment
|
7.0 / 10 |
Distance974 m
|
St Andrew's |
Independent |
Grades Served—
|
Catchment Info—
|
7.9 / 10 |
Distance1.05 KM
|
St. Andrew's |
Independent |
Grades ServedK-7
|
Catchment Info—
|
7.9 / 10 |
Distance1.06 KM
|
John Henderson Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
4.7 / 10 |
Distance1.08 KM
|
John Oliver Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
5.5 / 10 |
Distance1.13 KM
|
Tecumseh Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.1 / 10 |
Distance1.14 KM
|
Walter Moberly Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
5.0 / 10 |
Distance1.22 KM
|
Tecumseh Annex |
Public |
Grades ServedK-3
|
Catchment Info—
|
0 |
Distance1.32 KM
|
Qawsain Knowledge House |
Independent |
Grades ServedK-3
|
Catchment Info—
|
0 |
Distance1.34 KM
|
Sir James Douglas Annex |
Public |
Grades ServedK-3
|
Catchment Info—
|
0 |
Distance1.41 KM
|
Corpus Christi School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
10.0 / 10 |
Distance1.66 KM
|
Sir James Douglas Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.6 / 10 |
Distance1.70 KM
|
Pierre Elliott Trudeau Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.2 / 10 |
Distance1.73 KM
|
Sir Richard McBride Annex |
Public |
Grades ServedK-3
|
Catchment Info—
|
0 |
Distance1.74 KM
|
Waverley Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
7.6 / 10 |
Distance1.87 KM
|
Sir Wm Van Horne Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
7.2 / 10 |
Distance1.91 KM
|
Sir Richard McBride Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.9 / 10 |
Distance1.92 KM
|
Sir Charles Kingsford-Smith |
Public |
Grades Served—
|
Catchment Info—
|
5.4 / 10 |
Distance1.94 KM
|
Sir Charles Kingsford-Smith School |
Public |
Grades ServedK-7
|
Catchment Info—
|
5.4 / 10 |
Distance1.96 KM
|
G. T. Cunningham Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.3 / 10 |
Distance2.06 KM
|
General Brock Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
7.5 / 10 |
Distance2.18 KM
|
Lord Selkirk Annex |
Public |
Grades ServedK-4
|
Catchment Info—
|
3.5 / 10 |
Distance2.18 KM
|
David Oppenheimer Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.3 / 10 |
Distance2.21 KM
|
J.W. Sexsmith Community Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
7.8 / 10 |
Distance2.33 KM
|
Kerrisdale Annex |
Public |
Grades ServedK-2
|
Catchment Info—
|
0 |
Distance2.62 KM
|
Charles Dickens Annex |
Public |
Grades ServedK-3
|
Catchment Info—
|
0 |
Distance2.65 KM
|
Killarney Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
6.3 / 10 |
Distance2.66 KM
|
Anne-Hebert |
Public |
Grades Served—
|
Catchment Info—
|
7.6 / 10 |
Distance2.70 KM
|
Lord Selkirk Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.1 / 10 |
Distance2.74 KM
|
John Norquay Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.9 / 10 |
Distance2.81 KM
|
Gladstone Secondary |
Public |
Grades Served—
|
Catchment Info—
|
6.0 / 10 |
Distance2.83 KM
|
Gladstone Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
6.0 / 10 |
Distance2.85 KM
|
Dr Annie B Jamieson Elementary |
Public |
Grades Served—
|
Catchment Info—
|
8.3 / 10 |
Distance2.88 KM
|
Dr. Annie B. Jamieson Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
8.3 / 10 |
Distance2.88 KM
|
General Wolfe Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
7.0 / 10 |
Distance2.93 KM
|
David Livingstone Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
8.0 / 10 |
Distance2.96 KM
|
Calculate your commute
1215 E 48th Ave, Vancouver, BC is ideally located for commuters. The property is 2.5 km from Langara-49th, with a 48 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound E 49 Ave @ Inverness St (0.12 km). Walk Score Transit rating: Good Transit (65/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,948,000 | $86,800 | $2,034,800 |
-3.2%
|
| 2025 | $2,014,000 | $87,800 | $2,101,800 |
-1.0%
|
| 2024 | $2,035,000 | $88,500 | $2,123,500 |
+5.9%
|
| 2023 | $1,913,000 | $91,900 | $2,004,900 |
+7.9%
|
| 2022 | $1,764,000 | $93,900 | $1,857,900 | — |
Buy Vs Rent Calculator
Rent vs own
—
Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $2,039,333 across 2 active listings — this listing is 10.4% below the Vancouver average.
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