House
5 Bedrooms
4 Bathrooms
Size: 2,180 sqft
Built in 1993
$1,775,000
About this House in Oakridge VW
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 r…ezoning. 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.
Listed by Dexter Realty/Goodman Commercial.
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.
Listed by Dexter Realty/Goodman Commercial.
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®: R3178657
- Bedrooms: 5
- Bathrooms: 4
- Type: House
- Size: 2,180 sqft
- Lot Size: 3,913 sqft
- Frontage: 33.00 ft
- Full Baths: 4
- Half Baths: 0
- Taxes: $8320.13
- Parking: Garage Double (3)
- Basement: Full
- Storeys: 3 storeys
- Year Built: 1993
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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.
