8685 Osler Street Vancouver, British Columbia V6P 4E6

8685 Osler is the perfect site for a" Secured Rental Program" upgrade: 10,000 Sq/Ft of land and a 3 story building with a 3850 Sq/Ft footprint. RR2B zoning allows 5 stories, and an FSR of 2.4. That's 24,000 Sq/Ft over 5 stories. Maybe 30 units of 700 Sq/Ft each? And the nice thing about Marpole is it only improves the views with height This is a neighborhood that is ripe for a facelift. Over 150 three story walk-ups between Granville and SW Marine. All built in the late 60's or early 70's suffering from the same problem: Old AGE. The new Community Plan started to address the problem but only on the main arteries of W70th and Granville. Initial consultation with the City suggests the "Secured Rental Program"was built for this. Intracorp gets it with their Application at 2325-2377 W49th. The beauty of the RR2B Zoning is it addresses most of the problems with Displacement and Rent Controls. The 20% of floor area for "Below market"keeps the returning Tenants happy. Maybe the City Planners got this one right (id:44538)

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https://www.realtor.ca/real-estate/24602608/8685-osler-street-vancouver