For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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5588 Heather Street, Vancouver
MLS®: R2851779
$7,800,000
mtg / month
2623
Sq.Ft. 2
Baths 4
Beds 7,753
Lot SqFt 1955
Built
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
Listed By: Royal Pacific Tri-Cities Realty
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.