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
- Type House
- Bedrooms 8
- Bathrooms 4
- 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