Brown shingle-sided home with white trim accents and multiple dormers

$4,480,000

4849 Oak Street, Vancouver, BC V6H 2P2

MLS® R3123866

Description

Shaughnessy land opportunity for active multiplex builders! The lot spans across 6,480 sq 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 sq 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 project at one of Vancouver's most enduring addresses.

Property

Property type

Residential

Style

Single Family Residence

Structure

Residential Detached

Year built

1,926

Age

100 years

Ownership

Freehold NonStrata

Levels

Two

Interior

Bedrooms

4

Bathrooms

2

Full bathrooms

2

Half bathrooms

0

Living area

3,895 sq ft

Main floor finished area

1,530 sq ft

Basement

Partially Finished

Systems

Heating

Forced Air

Lot and parking

Lot size

6,480 sq ft

Lot dimensions

54 x 120

Parking spaces

3

Parking

Detached

Strata and restrictions

Strata fee

No

Age restriction

No

Costs

Annual property tax

$10,298

Tax year

2,025

Land lease

No

Location

Area

Vancouver West

Neighbourhood

Shaughnessy

Waterfront

No