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4849 OAK STREET, Vancouver | $4,480,000

Shaughnessy land opportunity for active multiplex builders! The lot spans across 6,480 square ft lot with a 54-ft frontage, qualifying for the maximum yield under R1-1 zoning (6 strata units or 8 secured rental). Up to 6,480 square ft buildable at 1.0 FSR across 3 storeys. No heritage designation and the existing home built in 1926 makes straightforward demo and build path. Ground-oriented townhome product in Shaughnessy sells to deep pocketed and lifestyle driven buyers in the area with great absorption in any market. The neighbourhood is the marketing. The zoning is confirmed. The product sells. Build your best development at one of Vancouver's most enduring addresses.

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Description

Shaughnessy land opportunity for active multiplex builders! The lot spans across 6,480 square ft lot with a 54-ft frontage, qualifying for the maximum yield under R1-1 zoning (6 strata units or 8 secured rental). Up to 6,480 square ft buildable at 1.0 FSR across 3 storeys. No heritage designation and the existing home built in 1926 makes straightforward demo and build path. Ground-oriented townhome product in Shaughnessy sells to deep pocketed and lifestyle driven buyers in the area with great absorption in any market. The neighbourhood is the marketing. The zoning is confirmed. The product sells. Build your best development at one of Vancouver's most enduring addresses.

General Info

MLS Listing ID: R3123866 Bedrooms: 4 Bathrooms: 2 Year Built: 1926
Parking: Detached Garage Heating: Forced air Lotsize: 6480 sqft Air Conditioning : N/A
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: Unknown (Partially finished)

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .