Development Opportunity
UNDER CONTRACT – This offering totals 24,771 SQFT of gross developable located along the Oak Street Corridor. This 3 lot land assembly, fronting Oak Street, is currently zoned RS 1 and falls in the focus area of the Cambie Corridor Plan presently in the Phase 3 stage of planning. During this policy development stage, the City plans on taking a closer look at providing more housing options for a diverse, growing population, guiding the integration of community amenities and public spaces. The successful applicant can re-zone this site in accordance with Medium Low Density Multi–Family Residential guidelines for townhomes or low rise development with an FSR of 1.2.
Location
Situated in the Oakridge neighbourhood in Vancouver, the subject site 6836, 6850 & 6868 Oak Street, is located on the east side of Oak Street between West 52nd and West 54th Ave. This site offers frontage along Oak Street and is exceptionally located within close proximity to key amenities including Oakridge Centre, Canada Line SkyTrain Station, Langara College and Golf Course as well as, excellent schools and parks.