745 W 41st Ave, Vancouver, BC V5Z 2N2

$3,599,000
8
BD
4
BA
3,180
SqFt

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List Price
$3,599,000
Status
ACTIVE
MLS® #
R3125380
Year Built
1951
Subtype
Single Family Residence
Stories
1
Bedrooms
8
Total baths
4
Living Area
3,180
Area
Vancouver West
Community
Cambie

Property Description

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.

Additional Information

Lot Size
6,876
Amenities
Near Shopping
Site Influences
Central Location
Levels
One
Acres
0.16
Region
Vancouver West
Title To Land
Freehold NonStrata

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NOTE: 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.