5588 Heather Street, Vancouver

MLS®: R2851779
$7,800,000
2623 Sq.Ft. 2 Baths 4 Beds 7,753 Lot SqFt 1955 Built
 WalkScore

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.

Taxes (2023): $13,526.50