38 41ST Avenue, Vancouver, British Columbia V5Y 2R9
$1,775,000
- 5 bedrooms
- 4 bathrooms
- 2,180 Square Feet
Prime three-lot development assembly at 18, 26 & 38 West 41st Avenue in Vancouver´s transforming Oakridge neighbourhood. Redevelopment options include four-storey apartments at 1.25 to 1.75 FSR under the Cambie Corridor Phase 3 Plan, or up to eight storeys and 3.0 FSR under the Transit-Oriented Areas Rezoning Policy - Tier 3 (subject to City approval). The tenanted properties generate holding income, providing cash flow to offset carrying costs during planning and rezoning. Located near Oakridge Park, Cambie Street, Queen Elizabeth Park, the Canada Line, and retail and commercial amenities, this is an excellent opportunity for developers to ... read more
Prime three-lot development assembly at 18, 26 & 38 West 41st Avenue in Vancouver´s transforming Oakridge neighbourhood. Redevelopment options include four-storey apartments at 1.25 to 1.75 FSR under the Cambie Corridor Phase 3 Plan, or up to eight storeys and 3.0 FSR under the Transit-Oriented Areas Rezoning Policy - Tier 3 (subject to City approval). The tenanted properties generate holding income, providing cash flow to offset carrying costs during planning and rezoning. Located near Oakridge Park, Cambie Street, Queen Elizabeth Park, the Canada Line, and retail and commercial amenities, this is an excellent opportunity for developers to capitalize on the growth and densification of the Oakridge neighbourhood. Properties may be purchased together as an assembly or individually. (id:39198)
- Listing ID: R3178657
- Property Type: Single Family
- Year Built: 1993
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | 3913 Sqft |
| Parking: | Garage 3 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| HVAC: | Fireplace Electric, Natural Gas |
| Basement: | Full (Unknown) |
| Location | |
|---|---|
| Town: | Vancouver |
| Province: | British Columbia |
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