Exceptional Investment Opportunity: Prime Property with Incredible Development Potential. This outstanding property is situated in a rapidly evolving neighbourhood, recently rezoned for multifamily development to stimulate growth. Just across the street, developers have already demolished numerous homes to make way for contemporary townhouses. Additionally, several adjacent properties are undergoing transformations into multifamily structures, gradually shaping the entire area into a modern, multistory townhouse area. This property is an ideal investment, perfectly positioned to benefit from the ongoing neighbourhood revitalization. Currently, the basement and top floor are leased to exceptional, long-term tenants who are interested in maintaining their residency. The top floor has undergone renovations approximately 15 years ago, enhancing its overall appeal and value. Don't miss out on this prime investment opportunity in a neighbourhood on the verge of a remarkable transformation.
Listing Information
- Prop. Type:
- House/Single Family
- Property Style:
- 2 Storey
- Status:
- Active
- City:
- North Vancouver
- Bedrooms:
- 6
- Full Bathrooms:
- 2
- Half Bathrooms:
- 2
- Neighborhood:
- Lower Lonsdale
- Area:
- North Vancouver
- Province:
- BC
- MLS® Number:
- R2747822
- Added On:
- Jan 20, 2023
- Listing Price:
- $4,400,000
- Taxes:
- $7,383
General Information
- Year Built:
- 1962
- Flr Area Fin - Total:
- 2890 ft2
- Tax Year:
- 2022
- Lot Size (sqft):
- 6000.00 ft2
- Lot Size (Acres):
- 0.14
- Frontage:
- 50.00 ft2
- Total Square Feet:
- 2890ft2
Additional Information
- Basement Area:
- Full, Fully Finished
Other Information
- Site Influences:
- Clothes Washer/Dryer, Dishwasher, Pantry, Refrigerator, Smoke Alarm, Storage Shed, Stove, Wet Bar
- Amenities:
- Garden, Guest Suite, In Suite Laundry, Storage
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