Multi-Family

8378 - 8432 Oak St, Vancouver

8378 Oak St, Vancouver, BC V6P 4B1

Listing Price: $19,980,000

Lot Size
0.43 acres
Price/Acre
$45,990,742
Land Type
Redevelopment
Buildable Square Feet
46,363

Investment Overview

The vendor has exclusively retained Marcus & Millichap REIS Canada Inc. to facilitate the sale of a shovel-ready development site in the heart of Marpole, a distinguished community with a variety of shops, services, restaurants, and transportation options (the “Subject Site”). The subject site is located on Oak Street close to 67th Ave, an area fully surrounded by upcoming new developments. City of Vancouver’s Marpole Community Plan designated the site as 6-storey condo building with up to 2.5 FSR. The Subject Property has acquired development permit to build 65 units mixed of one bedrooms, two bedrooms and three bedrooms. A confidentiality agreement must be signed before obtaining further information.

Investment Highlights

  • • Significant time and funds have been spent on the site and development permit was acquired in 2020
  • • Located just south of the prime corner of Oak Street and West 67th Avenue in Vancouver's Marpole neighbourhood
  • • Area tenants include Oakridge Mall Shopping Center, Safeway, T&T Market, major banks, and a variety of restaurants
  • • Easy access to Downtown Vancouver, Richmond, and Vancouver International Airport
  • • In an amenity-rich location with notable schools, parks, golf courses, and community centers
  • • Average household income exceeding $110,000 within 15 minute drive

Exclusively Listed By

Multi-Family

8378 - 8432 Oak St, Vancouver

Listing Price: $19,980,000

Lot Size
0.43 acres
Price/Acre
$45,990,742
Land Type
Redevelopment
Buildable Square Feet
46,363

Investment Highlights

  • • Significant time and funds have been spent on the site and development permit was acquired in 2020
  • • Located just south of the prime corner of Oak Street and West 67th Avenue in Vancouver's Marpole neighbourhood
  • • Area tenants include Oakridge Mall Shopping Center, Safeway, T&T Market, major banks, and a variety of restaurants
  • • Easy access to Downtown Vancouver, Richmond, and Vancouver International Airport
  • • In an amenity-rich location with notable schools, parks, golf courses, and community centers
  • • Average household income exceeding $110,000 within 15 minute drive

Investment Overview

The vendor has exclusively retained Marcus & Millichap REIS Canada Inc. to facilitate the sale of a shovel-ready development site in the heart of Marpole, a distinguished community with a variety of shops, services, restaurants, and transportation options (the “Subject Site”). The subject site is located on Oak Street close to 67th Ave, an area fully surrounded by upcoming new developments. City of Vancouver’s Marpole Community Plan designated the site as 6-storey condo building with up to 2.5 FSR. The Subject Property has acquired development permit to build 65 units mixed of one bedrooms, two bedrooms and three bedrooms. A confidentiality agreement must be signed before obtaining further information.

Exclusively Listed By

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