House
6 Bedrooms
4 Bathrooms
Size: 4,431 sqft
Built in 1963
$3,798,000
About this House in Oakridge VW
Exceptional development opportunity in Vancouver's prestigious Oakridge neighbourhood. This rare 62' x 125' (approx. 7,800 SF) south-facing property is designated Residential Low-Rise under the Oakridge Plan and offers potential for subdivision, multiplex development, and future low-rise redevelopment of approximately 6 to 8 storeys (buyer to verify with the City of Vancouver). The existing 4,700+ sq.ft. home provides strong holding income while redevelopment plans are pursue…d. An additional advantage is that the neighbouring property may also be available for purchase, creating a compelling land assembly opportunity with expanded frontage and enhanced future development potential. The primary image is a conceptual multiplex rendering.
Listed by eXp Realty.
Exceptional development opportunity in Vancouver's prestigious Oakridge neighbourhood. This rare 62' x 125' (approx. 7,800 SF) south-facing property is designated Residential Low-Rise under the Oakridge Plan and offers potential for subdivision, multiplex development, and future low-rise redevelopment of approximately 6 to 8 storeys (buyer to verify with the City of Vancouver). The existing 4,700+ sq.ft. home provides strong holding income while redevelopment plans are pursued. An additional advantage is that the neighbouring property may also be available for purchase, creating a compelling land assembly opportunity with expanded frontage and enhanced future development potential. The primary image is a conceptual multiplex rendering.
Listed by eXp Realty.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Sylvia Fierro for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details
- MLS®: R3133167
- Bedrooms: 6
- Bathrooms: 4
- Type: House
- Size: 4,431 sqft
- Lot Size: 7,800 sqft
- Frontage: 62.00 ft
- Full Baths: 3
- Half Baths: 1
- Taxes: $13941
- Parking: Garage Double (2)
- Basement: Finished
- Storeys: 1 storeys
- Year Built: 1963
Contact Sylvia now to get started with your next move!
604.351.8417
Oakridge VW, Vancouver West
Located in the southern part of the Cambie Corridor, this area is undergoing a ton of new development, particularly in the southernmost end near Marpole. Young families will enjoy the close proximity to Langara College and for those golf enthusiasts; homes have been built to wrap around the Langara Golf Course—what more could you want! This neighbourhood proves how quickly things change in Vancouver, there is extensive redeveloping going on over the next 10 years, so what you see now, may not necessarily be what you see in the near future—new and exciting things are happening, what a great place to call home.
