Multi-family for sale

8725 Oak Street, Marpole, Vancouver

$6,950,000 or
Multi-family for sale in Marpole, Vancouver, Vancouver West, 8725 Oak Street, 224960759 | Realtylink.org
$6,950,000 or

Multi-family for sale

8725 Oak Street, Marpole, Vancouver

Features

Lifestyle
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Total Space Avail. For Lease (Rent)
21269 sqft
Lot Size
17,480 sqft
Gross Property Tax
$28,839.80 /year
Building Type
Low Rise (2-4 storeys), Mul Tenant/MultiPlex (5+)
# of Elevators
1
Zoning
RM-3A
Amenities
Balconies, Elevator Passenger, Laundry Facility, Secured Building, Secured Parking
Suite Mix Information
x Bachelor/Studio, 19 x 1 ½, 7 x 2 ½
89

Description

Avison Young is pleased to offer for sale a future development with holding income that features a 29 Unit apartment building on a 17,480 SF corner lot. The property is located along Oak St and 71st Ave in Vancouver surrounded by great amenities and access routes into downtown Vancouver or to the south on Hwy 99. This is an ideal site for a future development while providing holding income as a developers prepares for its application. Through a rezoning a developer can achieve a 2.5 FSR and build up to a 6 storey purpose built rental project.
MLS® Number C8055690

Listing REALTOR®

Kevin Murray, REALTOR<sup>®</sup>

Kevin Murray

REALTOR®

Avison Young Commercial Real Estate Services, LP

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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