Marpole Lowrise Site Sells in $24 Million Deal
An assembly of five residential lots at Oak and West 64th in Marpole has sold to Century Eternal Group for $24,126,888, or $345 per buildable SF. The five lots comprise 250 feet of frontage on Oak with a combined site area of 28,307.5 SF.
The Marpole Community Plan designates these lots for development for multi-family residential up to 6-storeys and 2.50 FSR density.
The buyer had previously secured the seven lots to the South of the property in June 2017. The combined twelve lot assembly comprises 68,309 SF.
David Taylor, Colliers — Active Listings & Recent Sales
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