House
8 Bedrooms
4 Bathrooms
Size: 3,180 sqft
Built in 1951
$3,599,000
About this House in Cambie
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 Cor…ridor 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.
Listed by Sutton Group - 1st West Realty.
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.
Listed by Sutton Group - 1st West Realty.
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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®: R3125380
- Bedrooms: 8
- Bathrooms: 4
- Type: House
- Size: 3,180 sqft
- Lot Size: 6,876 sqft
- Frontage: 57.30 ft
- Full Baths: 4
- Half Baths: 0
- Taxes: $28020
- Parking: Detached, Rear Access (1)
- Basement: Full
- Storeys: 1 storeys
- Year Built: 1951
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778.881.0673More about Cambie, Vancouver West
Latitude: 49.2340516
Longitude: -123.1221006