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Listed by Dexter Realty
$1,775,000
Est. payment /mo
1 Bed
1,565 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,565 sqft
Price per Sqft $1,134
MLS Listing ID R3178483
Bedrooms 1
HOA Y/N No
Year Built 1928
Annual Tax Amount $8,196
Lot Size 3,877 Sqft
Property Sub-Type Single Family Residence
Property Description
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.
Location
Province BC
Community Oakridge Vw
Area Vancouver West
Zoning R1-1
Rooms
Other Rooms Bedroom
Kitchen 0
Interior
Heating Natural Gas
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
View Y/N No
Roof Type Asphalt
Porch Sundeck
Garage No
Building
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer, Sanitary Sewer
Water Public
Locker No
Others
Restrictions No Age Restriction
Ownership Freehold NonStrata
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