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.
Address
745 W 41st Avenue
List Price
$3,599,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Vancouver West
Sub-Area
Cambie
Bedrooms
8
Bathrooms
4
Floor Area
3,180 Sq. Ft.
Main Floor Area
1978
Lot Size
6876 Sq. Ft.
Lot Size Dimensions
57.3 x 120
Lot Size (Acres)
0.16 Ac.
Lot Features
Central Location
Lot Size Units
Square Feet
Total Building Area
3180
Frontage Length
57.3
Year Built
1951
MLS® Number
R3125380
Listing Brokerage
Sutton Group - 1st West Realty
Basement Area
Full
Postal Code
V5Z 2N2
Zoning
R1-1
Ownership
Freehold NonStrata
Parking
Detached, Rear Access
Parking Places (Total)
1
Tax Amount
$28,020.00
Tax Year
2024
Site Influences
Central Location, No Outdoor Area, Shopping Nearby
Community Features
Shopping Nearby
Exterior Features
No Outdoor Area
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Natural Gas
Levels
One
Number Of Floors In Property
1