Vancouver, British Columbia V5Z2N2
$3,599,000
MLS® R3125380
8
Bedrooms
4
Bathrooms
3,180 square feet
Living Area
1951
Year Built
Single Family
Type
6,876 square feet
Lot Size
1
Parking
Developers and investors alert. Rare opportunity to secure a prime Oakridge development site directly across from Oakridge Park, Vancouver´s landmark master-planned urban centre. This 57.3´ x 120´ lot is steps to Oakridge-41st Avenue Canada Line Station and located in one of the Westside´s most active growth corridors. Current R1-1 zoning allows multiplex development, with potential for higher-density redevelopment through assembly under the Cambie Corridor and TOA policy framework, including up to 12 storeys / 4.0 FSR, subject to City approval. Currently generating approx. $106,200 annually, in rental income. A strategic holding, redevelopment, or assembly opportunity with exceptional long-term upside. Buyer to verify all development potential. (id:65701)
Listed by
Sutton Group - 1st West Realty
Greater Vancouver
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