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
Parking Spaces
1
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.