Development/Investment Opportunity! Beautiful 7,691 sq. ft lot located in Vancouver's Oakridge area half a block from West 42nd and Oak Street. Quiet street within a 5 min walk to Oakridge Town Centre, the Canada Line, and the future Jewish Community Centre redevelopment. The property is designated within the Cambie Corridor Plan Phase 3 and is eligible for either 3-story townhomes or 4-story condominiums (density between 1.2 and 2.0 FSR depending if assembled with a neighbouring property). Build up to 8 units totalling over 9,200 sq. ft as a single lot townhouse development or even more units totalling up to 15,382 sq ft if assembled. Property is currently tenanted with positive cash flow.
Property Type:
Residential Detached
Dwelling Type:
House/Single Family
Year built:
1963
(Age: 59)
Total area:
2,588 sq. ft.240.43 m2
Total Floor Area:
2,588 sq. ft.240.43 m2
Main Floor Area:
2,060 sq. ft.191.38 m2
Floor Area Above Main 2:
0 sq. ft.0 m2
No. Floor Levels:
2.0
Bedrooms:
5
(Above Grd: 5)
Bathrooms:
4.0
(Full:0/Half:4)
Taxes:
$11,100.6 /
2021
Lot Area:
7,691.38 sq. ft.714.55 m2
Lot Frontage:
58'17.678 m
Lot Depth:
132.61
Plan:
VAP10622
Basement:
Part
Fireplaces:
1
Title to Land:
Freehold NonStrata
Clothes Washer/Dryer/Fridge/Stove/DW
Central Location, Lane Access, Recreation Nearby, Shopping Nearby
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