5588 HEATHER STREET, Vancouver | $7,800,000

DEVELOPMENT OPPORTUNITY! 5588 Heather St. is part of a 3-lot Land Assembly with 5568 & 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.

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Description

DEVELOPMENT OPPORTUNITY! 5588 Heather St. is part of a 3-lot Land Assembly with 5568 & 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.

General Info

MLS Listing ID: R2851779 Bedrooms: 4 Bathrooms: 2 Year Built: 1955
Parking: Garage Heating: Forced air Lotsize: 7753.2 sqft Air Conditioning : N/A
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: Partial (Unknown)

Amenities/Features

  • Central location

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .