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Homelife

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Property Price: $51,290,000.00
Business Type: Land Commercial
Property Type: Land Commercial
Age:
Cross Street:
Garage Type:
Heating:
Use:
Employees: 0
Financial Statement: No
Freestanding: No
Front Footage: 0
Industrial Area: 0
Legal Description:
Sewers:
Total Size: 68390 Sq Ft
Type Taxes:
Zoning:


Remarks

CBRE Vancouver is pleased to present the rare opportunity to purchase a 1.57 Acre corner residential redevelopment site within walking distance to the Marine Drive SkyTrain Station (Canada Line). Premier West Side location, offering 600 feet of frontage along Oak Street! The Marpole Community Plan designates this property for the development of one or two 6-storey residential buildings, up to 2.5x FSR (170,975 SF buildable). Currently improved with 12 single-family homes, providing stable income during the development approval process. 1012 W. 64th Avenue to 8089 Oak Street and 8109-8225 Oak Street may be separated into two independent acquisitions. SAVE PTT - this Property is strategically structured as two bare trust nominee corporations, offering a buyer the opportunity to purchase the shares of the holding companies.



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Homelife

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