Land assembly opportunity! Located across the street from the Queen Elizabeth Park, near the corner of West 37th Avenue and Kersland Drive. In accordance with the Cambie corridor official community plan, the property is designated for a) four-storey strata apartment (density of 2.0 FSR), or b) six-storey rental (density of 2.5 FSR). Fantastic investor opportunity to live in or rent out the single-family house on the property prior to assembly and redevelopment. The location: between 2 skytrain stations, close to Oakridge centre, Langara college, Hillcrest community centre & Nat Bailey park, & Cambie street amenities and shops. [5243+5275 Kersland Dr also on the market - 3 lots side by side - possible site dimension 21,400 s.f - 180' wide x 119' D]
Represented the buyer on this transaction.
Represented the buyer on this transaction.
Address
5257 KERSLAND DRIVE
List Price
$4,900,000
Property Type
Residential Detached
Type of Dwelling
House/Single Family
Style of Home
1 Storey
Area
Vancouver West
Sub-Area
Cambie
Bedrooms
3
Bathrooms
2
Floor Area
1,931 Sq. Ft.
Lot Size
7210 Sq. Ft.
Year Built
1951
MLS® Number
R2575117
Listing Brokerage
Oakwyn Realty Downtown Ltd.
Basement Area
None
Postal Code
V5Y 2M9
Zoning
RS-1
Tax Amount
$9,080.00
Tax Year
2020
Site Influences
Central Location, Recreation Nearby, Shopping Nearby
Features
Clothes Washer/Dryer