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4721 Oak St 0.14 Acres of Residential Land in Vancouver, BC V6H 2N8

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Investment Highlights

  • Development-ready site with architectural plans completed and DP approval near completion.
  • Located in Vancouver’s Shaughnessy neighborhood, a highly desirable residential area.
  • Reduces entitlement risk and accelerates project timelines for developers.
  • Zoned R1-1 to accommodate a six-unit townhouse project.
  • Close to major transportation routes, retail amenities, and downtown Vancouver.

Executive Summary

The Development Permit nearing final approval. This significantly reduces entitlement risk and accelerates the construction timeline, making it an attractive option for developers seeking a shovel-ready or near shovel-ready project in a supply-constrained market. Located in the prestigious Shaughnessy area, the property benefits from excellent connectivity to major city corridors, retail amenities, and public transit. Its proximity to downtown Vancouver, key employment hubs, and cultural destinations enhances its long-term value proposition. With strong demand for multi-family housing and limited available land in this high-barrier-to-entry market, this site offers a compelling opportunity for builders and investors to deliver a boutique residential project in a sought-after location.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 0.14 AC
Zoning R1-1 - Residential Inclusive district

1 Lot Available

Lot

Lot Size 0.14 AC

This property presents a rare opportunity to acquire a near development permit-ready townhouse site in one of Vancouver’s most desirable and evolving neighborhoods. Zoned R1-1, the site allows for a six-unit townhouse project, with architectural plan

Description

The property at 4721 Oak Street in Vancouver, BC, is a vacant land parcel measuring approximately 5,958 square feet. It is zoned R1-1 and designated for townhouse development. Architectural plans have been completed, and the Development Permit is nearing final approval. The site is situated in the Shaughnessy neighborhood, with access to major city routes and public transit. Annual property taxes are reported at $10,241. Utilities include sewer and storm sewer availability. Ownership is freehold.

Walk Score®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 39640562

  • Date on Market: 3/3/2026

  • Last Updated:

  • Address: 4721 Oak St, Vancouver, BC V6H 2N8

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