Investor & Builder Alert! Large almost 7,900 SQFT lot in prime South Vancouver with Potential for sub-division and 8-unit multiplex development in total. Positioned on the high side of the street, this property boasts unobstructed southern views of Richmond and the Fraser River. The solid, well-maintained home includes two separate basement suites currently generating rental income, making it a smart hold while you plan and permit. Enjoy unbeatable proximity to Fraser Street, Main Street, 49th Ave, and the Punjabi Market—offering access to shopping, transit, parks, and vibrant community amenities. This property offers location, scale, and vision. Rarely available—don't miss out!
Address
753 E 55th Avenue
List Price
$2,975,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Area
Vancouver East
Sub-Area
South Vancouver
Bedrooms
11
Bathrooms
5
Floor Area
4,511 Sq. Ft.
Main Floor Area
2281
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
4511
Frontage Length
87.12
Year Built
1967
MLS® Number
R3011558
Listing Brokerage
Dracco Pacific Realty
Basement Area
None
Postal Code
V5X 1N8
Zoning
R-1
Ownership
Freehold NonStrata
Parking
Garage Double, Open, Front Access, Garage Door Opener
Parking Places (Total)
4
Tax Amount
$11,289.10
Tax Year
2024
Site Influences
Central Location, Private Yard, Recreation Nearby, Shopping Nearby
Community Features
Shopping Nearby
Exterior Features
Private Yard
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
Window Features
Window Coverings
