About This Property
A rare opportunity to own a 7000+sqft (66*107.38ft) corner lot in the newly proposed Transit Oriented Area in the prime Vancouver West Marpole neighborhood! The property is located within Tier 3 of the proposed TOA with potential to build up to 8 storeys and up to 3.4 FSR. This original-conditioned home offers its future owner a choice to redevelop, renovate or build a custom home with lots potential. The property is centrally located, minutes walk to the Marine Gateway and Marine Drive Skytrain Station, providing a convenient lifestyle. Minutes drive to Oakridge Centre, Langara, Richmond, and YVR airport. School catchment: Sexsmith Elementary and Churchill Secondary. Lock in this opportunity today!! (id:64973)
At $1,747 per square foot, this Marpole property is priced at a premium compared to the Vancouver West average of $1,500 per square foot. However, the significant lot size and development potential make it an attractive option for builders or investors seeking a high-return redevelopment opportunity in this transit-oriented, up-and-coming neighbourhood. This property is best suited for developers or end-users with a long-term vision, given the potential to construct an 8-storey, 3.4 FSR building on the sizable lot, catering to the growing demand for higher-density housing near the Marine Drive SkyTrain station.
Property Details
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