23 Townhouses Planned for Oak & 52nd

A development application has been submitted for a 24,341 SF site at the Northeast corner of Oak Street and West 52nd; an assembly of three single family lots.

The site is located in the Cambie Corridor Phase 3 townhouse areas, but required rezoning prior to development permit.

The plan for the assembled site includes:

• 23 townhouse units in four buildings;
• a total density of 1.19 FSR;
• maximum heights of 36 ft. for front building facing Oak Street, and 37 ft. for buildings facing rear lane; and
• one level of underground parking containing thirty (30) stalls, having access from the rear lane.

The site is subject to council enactment of the proposed rezoning from RS-1 to RM-8AN By-law, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.

The site was assembled by Coromandel Properties in 2017/2018 for $12,550,000 or $434 per buildable SF based on the application.

The architect for the project is Yamamoto Architecture.