INVESTOR & BUILDER ALERT! Exceptional opportunity to acquire an approx. 7,900 SQFT subdividable property (buyer to verify with City of Vancouver) in highly desirable South Vancouver. Featuring wide frontage, a prime elevated location, and stunning southern views of Richmond and the Fraser River, this property offers outstanding redevelopment potential, including the possibility of future multi-family zoning for up to 8 units (buyer to verify with the City). The revenue-generating home is an ideal holding property, with major 2022 renovations including windows, hot water tank, furnace, gutters, downspouts, most electrical upgrades, and a renovated basement. Conveniently located near Langara College, shopping, transit, and everyday amenities. A rare investment and development opportunity.
Address
753 E 55th Avenue
List Price
$2,388,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Vancouver East
Sub-Area
South Vancouver
Bedrooms
10
Bathrooms
4
Floor Area
4,200 Sq. Ft.
Main Floor Area
2151
Lot Size
7897.43 Sq. Ft.
Lot Size Dimensions
87.12 x 90.65
Lot Size (Acres)
0.18 Ac.
Lot Features
Central Location, Recreation Nearby
Lot Size Units
Square Feet
Total Building Area
4200
Frontage Length
87.12
Year Built
1967
MLS® Number
R3150134
Listing Brokerage
Luxmore Realty
Basement Area
Full
Postal Code
V5X 1N8
Zoning
RR1
Ownership
Freehold NonStrata
Parking
Garage Double, Front Access
Parking Places (Total)
2
Tax Amount
$11,851.00
Tax Year
2025
Site Influences
Balcony, Central Location, Recreation Nearby, Shopping Nearby
Community Features
Shopping Nearby
Exterior Features
Balcony
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Baseboard
Fireplace
Yes
Fireplace Features
Wood Burning
Number of Fireplaces
1
Garage
Yes
Garage Spaces
2
Levels
Two
Number Of Floors In Property
2