745 41ST AVENUE - 8 Beds 4 Bath - $3,599,000

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$3,599,000
745 41ST AVENUE
Vancouver, British Columbia V5Z2N2
MLS® Number: R3125380
8Beds
4Baths
3,180Sq Ft
1Parking
1951Year Built
Single FamilyType

About This Property

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. (id:64973)

Property Details

Bedrooms8
Bathrooms4
Living Area3,180 sq ft
Lot Size6876 (6,876 square feet)
Year Built1951
Property TypeSingle Family
Parking1
HeatingNatural gas
Annual Taxes$28,020
CityVancouver
Postal CodeV5Z2N2
MLS® #R3125380

Location

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