750 W 48th Avenue, Oakridge VW, Vancouver West
$3,198,000
Features
| MLS®: | R3133167 |
| Type: | House |
| Bedrooms: | 6 |
| Bathrooms: | 4 |
| Square Feet: | 4,431 sqft |
| Lot Size: | 7,800 sqft |
| Frontage: | 62.00 ft |
| Full Baths: | 3 |
| Half Baths: | 1 |
| Taxes: | $13941 |
| Parking: | Garage Double (2) |
| Basement: | Finished |
| Storeys: | 1 storeys |
| Year Built: | 1963 |
About this Property
"About this House in Oakridge VW, Vancouver West"
Massive price reduction. $273k below BC Assessment. 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 Sophia Chea 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.
