House
6 Bedrooms
4 Bathrooms
Size: 4,431 sqft
Built in 1963
$3,798,000
About this House in Oakridge VW
Exceptional development opportunity in Vancouver's prestigious Oakridge neighbourhood. This rare 62' x 125' (approx. 7,800 SF) south-facing property is designated Residential Low-Rise under the Oakridge Plan and offers potential for subdivision, multiplex development, and future low-rise redevelopment of approximately 6 to 8 storeys (buyer to verify with the City of Vancouver). The existing 4,700+ sq.ft. home provides strong holding income while redevelopment plans are pursued. An additional advantage is that the neighbouring property may also be available for purchase, creating a compelling land assembly opportunity with expanded frontage and enhanced future development potential. The primary image is a conceptual multiplex rendering.
Listed by eXp Realty.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Lynn Le Drew for your convenience.
Disclaimer: 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details
- MLS®R3133167
- Bedrooms6
- Bathrooms4
- TypeHouse
- Size4,431 sqft
- Lot Size7,800 sqft
- Frontage62.00 ft
- Full Baths3
- Half Baths1
- Taxes$13941
- ParkingGarage Double (2)
- BasementFinished
- Storeys1 storeys
- Year Built1963
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The Neighbourhood and Accessibility of 750 W 48th Avenue, Oakridge VW, Vancouver West
More about Oakridge VW, Vancouver West
Oakridge VW is anchored by Oakridge Centre, which is undergoing a major redevelopment into a modern shopping and residential hub. Housing in the area ranges from single-family homes to high-rise condos. Its proximity to Queen Elizabeth Park, schools, and the Canada Line makes Oakridge a prime growth area with strong investment appeal.
