+14 more
$3,680,000
Listed by: LDG Realty · MLS®
Cash Machine!!! Great Investment Property near Queen Elizabeth park & Oakridge Mall & Skytrain. House has 3 levels of 3500 sq.ft, including 2 separate rental suites with 8 bedrooms & 6 bathrooms. This was a custom built solid home sitting on a 48 x 115 Lot 5520sf. Combining lots are able to build up to 6 storey apartment (2.5 FSR). Buy Rent & Hold or Live in 1 floor & rent out the rest while waiting for redevelopment. Family room/Wet Bar off Kitchen with Sliders onto large entertaining back cedar deck. Prestige location close to downtown, buses/Eric Hamber schools + New Oakridge Mall. Developers and investors alert: Land assembly with 5578 Elizabeth and 5592 Elizabeth Ave also on MLS.
MLS® #
R3150093
Status
Active
Type
Residential
Sub-type
Single Family Residence
Ownership
Freehold NonStrata
Bedrooms
8
Full Baths
6
Half Baths
0
Fireplaces
2
Living Area
3,503 sqft
Main Floor
1,697 sqft
Basement
Yes
Lot Size
5,520 sqft
Lot Dimensions
48 x 115
Frontage
48
Year Built
1980
Age
46 years
Structure
Residential Detached
Parking Stalls
2
Garage Spaces
2
Parking Type
Garage Double, Rear Access
Taxes
$12,002/yr
MLS® Area
Cambie
City
Vancouver
Postal Code
V5Y 3J9
Heating
Forced Air · Natural Gas
Appliances
Washer/Dryer · Dishwasher · Refrigerator · Stove
Fireplace
Gas
Exterior Features
Balcony
Lot Features
Central Location, Lane Access, Recreation Nearby
Community
Shopping Nearby
Coordinates: 49.235015, -123.111638 · Map data © Google
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Transit-Oriented Area — Tier 2
~370 m from Oakridge — 41st Avenue SkyTrain station
Provincial law requires the city to allow at least 4.0 FAR and 12 storeys for residential here — well above typical single-family zoning. Potential land-assembly interest from developers.
Multiplex potential: on a ~513 m² lot, BC’s small-scale housing law requires the municipality to allow at least 4 units (up to 6 near frequent transit), where it applies.
~370 m straight-line to Oakridge — 41st Avenue SkyTrain
Screening estimate from provincial regulations (TOA station points, B.C. Reg. 263/2023 & 265/2023; small-scale multi-unit housing rules). Distances are straight-line; actual TOA maps are set by municipal bylaw and some parcels (heritage, ALR, exempt areas) are excluded. Confirm with the municipality before relying on it.
Not in the Agricultural Land Reserve.
The listing’s flood plain disclosure is available to registered users. Create a free account or sign in.
ALR from the Agricultural Land Commission via DataBC (point check at the listing’s mapped location). Flood plain is the listing brokerage’s disclosure. Confirm both with the municipality and your lawyer.
Source: City of Vancouver Open Data
No permits found for this address in the open data registry.
