745 41ST Avenue, Vancouver, British Columbia V5Z 2N2
$3,599,000
- 8 bedrooms
- 4 bathrooms
- 3,180 Square Feet
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, ... read more
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:39198)
- Listing ID: R3125380
- Property Type: Single Family
- Year Built: 1951
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | 6876 Sqft |
| Parking: | Detached Garage 1 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| HVAC: | Fireplace Natural Gas |
| Basement: | Full (Unknown) |
| Location | |
|---|---|
| Town: | Vancouver |
| Province: | British Columbia |
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