Commercial Land for sale

5568 Heather Street, Cambie, Vancouver

$7,800,000 or
$7,800,000 or

Commercial Land for sale

5568 Heather Street, Cambie, Vancouver

Features

Lifestyle
224962856 7800000 /en/commercial-land~for-sale~cambie-vancouver/224962856?view=Summary /en/commercial-land~for-sale~cambie-vancouver/224962856/photos 49.2350600000 -123.1204200000 true
Year Built
1996
Lot Size
7,754 sqft
Gross Property Tax
$20,415 /year
Zoning
R1-1
Subject Property Width
56 ft
Subject Property Depth
138.47 ft
Permitted Land Use
Mixed Use, Residential
Water Supply
Municipal
Sewer/Septic
Municipal/Community

Description

DEVELOPMENT OPPORTUNITY. 5568 Heather St. is part of a 3-lot Land Assembly with 5588 & 5612. This single-tower site is approximately 23,259.60 square feet, with 168 ft frontage & 138.45 ft depth. Under the Cambie Corridor Plan, Heather street is envisioned as a key connection between Oakridge Centre & the Heather Lands with a “car-light” design and pedestrian & cycling integration. The plan calls for an 18-storey mixed-use development with a four-storey podium consisting of commercial at grade, and a residential mix of 80% market rental units & 20% below market rental units. This site is ideally situated on a quiet tree-lined street, and is within steps to Oakridge Mall & the Canada Line. Additional future nearby developments offer a booming cityscape and world class amenities.
MLS® Number C8057787

Listing REALTORS®

Vassi Balatico, REALTOR<sup>®</sup>

Vassi Balatico

REALTOR®

Oakwyn Realty Ltd.

Oakwyn Realty Ltd.,
David Chen, REALTOR<sup>®</sup>, Personal Real Estate Corporation

David Chen

REALTOR®, Personal Real Estate Corporation

Stilhavn Real Estate Services

Stilhavn Real Estate Services,

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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