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131 W 49TH Avenue in Vancouver: Oakridge VW Land for sale (Vancouver West) : MLS®# R2486710

Posted by Aedis Realty on October 30, 2020
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Oakridge in South Vancouver

Oakridge Briefly

OakridgeIn the 2001 Census, the Oakridge multicultural neighborhood of the City of Vancouver in the Canadian Province of British Columbia had a population of 11,795, 50 percent of whom spoke Chinese as their first language. Oakridge is a geographic rectangle with Granville Street on the west border and Main Street on the east, West 41st Avenue marking the northern neighborhood border and West 57th Avenue the southern. Oak Street and Cambie Street, both busy roads, are also Oakridge north-south thoroughfares with lots of rush-hour traffic.

History

Until after the Second World War, Oakridge remained mostly in its natural, undeveloped, unimproved state except for the Langara Golf Course, which opened in 1926. Then development expanded into the wooded areas as the city’s Jewish community moved south along Oak Street, and the Canadian Pacific Railway opened its lands to development in the 1950s of single-family homes and the Oakridge Centre Mall, Vancouver’s first shopping centre, in 1959 at West 41st Avenue and Cambie Street as a business centre for the residential boom of bungalow homes. In later years larger low- and high-rise multifamily residences replaced many of these small homes.

Langara College, a campus of 21,000 students on the north fringe of the golf course off West 49th Avenue between Cambie and Main, commenced operations in 1994. These three developments, the golf course, the shopping mall, and the campus, are the foremost community features of Oakridge today enhanced by completion in August 2009 of the SkyTrain Canada Line along Cambie Street with stations at 41st and 49th avenues.

Oakridge Centre Redevelopment

Oakridge 2In March 2014, the Vancouver City Council approved a massive redevelopment plan for the Oakridge Centre Mall following a week of public hearings. The plan is for new affordable housing, new childcare spaces, a new community centre and library, a new seniors centre, and significant new park space, says the mayor. A joint venture of the mall ownership and developer Westbank Projects Corporation applied for rezoning for the redevelopment project. The developer expressed satisfaction with the council vote and rejected suggestions that there had been insufficient public consultation on the proposal.

Many residents support revitalization of the mall and Cambie Street, but many others say the new residential and business towers, one of 45 stories, are too much for the neighbourhood and will bring excessive density and aggravated traffic conditions despite the recent arrival of the SkyTrain, which plan opponents argue is already overcrowded.

The vertical redevelopment plan for Oakridge exemplifies how Canadian retail shopping malls these days must expand upwardly if at all, according to an August 2012 Toronto Globe and Mail newspaper article reporting that in Vancouver “the last regional malls were built in 1979” and that “Only two enclosed malls have been built in Canada since 1989.” There, development of new malls much more difficult than it is in the USA because of the lack of available land, the restrictions that Canadian cities impose on commercial space, and the demands of provincial highway ministries, and mall developers must be “creative and persistent” for their ambitions to succeed.

Information Links:

http://vancouver.ca/green-vancouver/oakridge.aspx
http://www.marpoleoakridge.org
http://vancouver.ca/home-property-development/marpole-community-plan.aspx

New Oakridge Live MLS Listings

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131 W 49TH Avenue
Oakridge VW Vancouver V5Y 2Z7

$4,000,000
Land Only

Main Photo: 131 W 49TH Avenue in Vancouver: Oakridge VW Land for sale (Vancouver West)  : MLS®# R2486710
Photo 1: 131 W 49TH Avenue in Vancouver: Oakridge VW Land for sale (Vancouver West)  : MLS®# R2486710
Photo 2: 131 W 49TH Avenue in Vancouver: Oakridge VW Land for sale (Vancouver West)  : MLS®# R2486710
Photo 3: 131 W 49TH Avenue in Vancouver: Oakridge VW Land for sale (Vancouver West)  : MLS®# R2486710
Photo 4: 131 W 49TH Avenue in Vancouver: Oakridge VW Land for sale (Vancouver West)  : MLS®# R2486710
Photo 5: 131 W 49TH Avenue in Vancouver: Oakridge VW Land for sale (Vancouver West)  : MLS®# R2486710
Photo 6: 131 W 49TH Avenue in Vancouver: Oakridge VW Land for sale (Vancouver West)  : MLS®# R2486710
Status:
Active
Prop. Type:
Land Only
MLS® Num:
R2486710
Cambie Corridor Phase 3 Site; 3 lot assembly with option to expand to 7 lots. Areas Proposed For Change Document from City of Vancouver shows the subject site as Mixed Use (up to 4 storeys strata with ground floor commercial / up to 2.5 FSR) Subject site is located on the north side of West 49th Avenue between Columbia Streets and Manitoba Street. This site is across from Langara College and YMCA and just steps away from SkyTrain Station. Subject site is walking distance to Langara Golf Course and Oakridge mall. Only $20 CAC compared to $102 on Cambie. Please request a package for further details.
Property Type:
Land Only
Taxes:
$10,807.3 / 2020
Lot Area:
4,413.44 sq. ft.
Lot Frontage:
33'⅛"
Lot Depth:
133.7
Pad Rental:
Water Supply:
Title to Land:
Freehold NonStrata
Access to property:
Cable Service:
Natural Gas:
Electricity:
Fencing:
Sanitary Sewer:
Telephone Service:
Trees:
Storm Sewer:
Potential for Rezoning:
Sketch Attached:
Restrictions:
Previous Price:
Original Price:
  • Photo 1: 131 W 49TH Avenue in Vancouver: Oakridge VW Land for sale (Vancouver West)  : MLS®# R2486710
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Listed by Sutton Group Mattu Realty Ltd.
Data was last updated October 30, 2020 at 04:00 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$4,100,000
Min list price:
$2,188,000
Max list price:
$10,850,000
Avg days on market:
90
Min days on market:
14
Max days on market:
666
These statistics are generated based on the current listing's property type and located in Vancouver West. Average values are derived using median calculations.
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