10 bed
4 bath
4,200 sqft
Single Family Residence
Built in 1967
7,897 sqft lot
2 parking
1 fireplace
Freehold NonStrata
RS1 zone
Public remarks
INVESTOR & BUILDER ALERT! Discover a prime opportunity in South Vancouver. This 7,900 SQFT lot offers significant development potential, including the possibility of constructing up to 8 units under future multi-family zoning (subject to City approval). Perched on the high side, the property offers stunning southern views of Richmond and the Fraser River. It is currently owner-occupied with two rented basement units generating steady income while permits are pending. Located near Fraser Street, Main Street, 49th Avenue, and the Punjabi Market, the property is surrounded by ample amenities and transit options. With its solid construction and recent renovations, this home is ideal for long-term investment or redevelopment. Don't miss this exceptional opportunity.
Private remarks
All measurements are taken by Listing Agent and is approx., buyer or buyer's agent to verify if deemed important. Property contains accommodation which is not authorized.
Buyer agency compensation
3.25% on 1st $100,000 and 1.1625% on balance
$2,988,000 ($711/sqft)
Active
Listed
04/01/2025
Expiry date
Original price
Gross taxes (2022)
$9,291.16
Property transfer tax
$67,640.00
Last Updated: 04/06/2025 08:02 AM
Courtesy of Sutton Group-West Coast Realty
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
753 55th Avenue | R2985345 | 04/06/2025 08:02 AM | 04/01/2025 | Active | $2,988,000 | Login to view | Rimpy Hothi PREC* | Sutton Group-West Coast Realty |
753 55th Avenue | R2972077 | 03/31/2025 04:52 PM | 03/01/2025 | Terminated | $3,250,000 | Login to view | Easy List Realty | |
753 55th Avenue | R2950188 | 02/05/2025 09:26 AM | 12/16/2024 | Terminated | $3,639,000 | Login to view | eXp Realty of Canada, Inc. | |
753 55th Avenue | R2944476 | 12/16/2024 05:44 PM | 11/14/2024 | Terminated | $3,887,500 | Login to view | Easy List Realty | |
753 55th Avenue | R2744506 | 10/15/2023 07:05 AM | 01/06/2023 | Expired | $2,998,000 | Login to view | Sutton Group-West Coast Realty |