Significant re-development possibilities in this 3696sf property w/potential for land assembly together w/3 neighbouring parcels. This home represents 1 of 4 homes in a neatly-packaged gently-sloping 4-parcel grouping (totalling almost 15,000 sqft) on the west side of Ontario St & bordered on all 4 sides by tree-lined residential streets & lanes, allowing terrific flexibility in design of a new multi-family development. Conveniently located a short walk from Marine Dr Skytrain, Langara College & extensive shopping & parks, plus amazing access to YVR, Hwy 99 & 91, and downtown. This 33'x112' property is RM-8 zoned, but has the potential and precedent to achieve 1.2 or greater FSR (subject to application & city approval). Suitable for townhouse development or possibly higher density.
Address
7931 ONTARIO STREET
List Price
$1,999,000
Property Type
Residential Detached
Type of Dwelling
House/Single Family
Style of Home
Rancher/Bungalow w/Bsmt.
Area
Vancouver West
Sub-Area
Marpole
Bedrooms
4
Bathrooms
2
Floor Area
1,511 Sq. Ft.
Lot Size
3696 Sq. Ft.
Year Built
1949
MLS® Number
R2932540
Listing Brokerage
Oakwyn Realty Ltd.
Basement Area
Fully Finished, Separate Entry
Postal Code
V5X 3E2
Zoning
RM-8
Tax Amount
$8,137.00
Tax Year
2024
Site Influences
Central Location, Golf Course Dev., Lane Access, Shopping Nearby
Features
ClthWsh/Dryr/Frdg/Stve/DW