18 W 41st Ave, Vancouver, BC V5Y 2R9
- $1,775,000
- 6
- BD
- 3
- BA
- 2,042
- SqFt
- List Price
- $1,775,000
- Status
- ACTIVE
- MLS® #
- R3178427
- Year Built
- 1949
- Subtype
- Single Family Residence
- Stories
- 2
- Bedrooms
- 6
- Total baths
- 3
- Living Area
- 2,042
- Area
- Vancouver West
- Community
- Oakridge VW
Property Description
Prime three-lot development assembly at 18, 26 & 38 West 41st Avenue in Vancouver’s transforming Oakridge neighbourhood. Redevelopment options include four-storey apartments at 1.25 to 1.75 FSR under the Cambie Corridor Phase 3 Plan, or up to eight storeys and 3.0 FSR under the Transit-Oriented Areas Rezoning Policy – Tier 3 (subject to City approval). The tenanted properties generate holding income, providing cash flow to offset carrying costs during planning and rezoning. Located near Oakridge Park, Cambie Street, Queen Elizabeth Park, the Canada Line, and retail and commercial amenities, this is an excellent opportunity for developers to capitalize on the growth and densification of the Oakridge neighbourhood. Properties may be purchased together as an assembly or individually.
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Additional Information
- Lot Size
- 3,852
- Levels
- Two
- Acres
- 0.09
- 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.