4849 Oak Street

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.

Listed by Oakwyn Realty Ltd..