Vancouver, British Columbia V5Y2R9
$1,775,000
MLS® R3178657
5
Bedrooms
4
Bathrooms
2,180 square feet
Living Area
1993
Year Built
Single Family
Type
3,913 square feet
Lot Size
3
Parking
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:65701)
Listed by
Dexter Realty
Greater Vancouver
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