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.

Listed by Dexter Realty/Goodman Commercial.

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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.