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!** 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!
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
$3,498,000 ($832/sqft)
Active
Listed
04/01/2025
Expiry date
Original price
Gross taxes (2022)
$9,291.16
Property transfer tax
$92,900.00
Last Updated: 04/27/2025 11:13 PM
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 | 04/27/2025 11:13 PM | 04/01/2025 | Active | $3,498,000 | 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 |