**INVESTOR & BUILDER ALERT!** Rarely available **7,900 SQFT sub-dividable lot** with **2 legal city lots** in desirable South Vancouver. This elevated property offers **wide frontage** and stunning **southern views** of Richmond and the Fraser River. Huge development potential with the possibility to build **up to 8 units** under future multi-family zoning (subject to City approval). Currently owner-occupied with **two income-generating basement suites**, making it an ideal holding property. Located near Fraser St, Main St, 49th Ave, and the Punjabi Market, with excellent transit and amenities nearby. A solid, updated home perfect for **redevelopment or long-term investment**. Opportunities like this are rare—act fast!
Address
753 E 55th Avenue
List Price
$3,498,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
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
R2985345
Listing Brokerage
Sutton Group-West Coast Realty
Basement Area
Full
Postal Code
V5X 1N8
Zoning
RS1
Ownership
Freehold NonStrata
Parking
Garage Double, Front Access
Parking Places (Total)
2
Tax Amount
$9,291.16
Tax Year
2022
Site Influences
Balcony, Central Location, Recreation Nearby, Shopping Nearby
Community Features
Shopping Nearby
Exterior Features
Balcony
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Cooktop
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
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