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.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Ken Stef 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®: R3125380
- Bedrooms: 8
- Bathrooms: 4
- Type: House
- Square Feet: 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
Walkscore Of This Listing
More About Cambie, Vancouver West
Cambie is in the heart of Vancouver, right in the middle of East Vancouver and Vancouver Westside. The Canada Line Skytrain runs along this conveniently located neighbourhood. Enjoy the proxity to the Downtown Core as well as Queen Elizabeth Park.
