Property Description

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.

Property Information

Address	90 ST. DAVIDS AVENUE
List Price	$4,400,000
Dwelling Type	House/Single Family
Gross Taxes	$7,383 (2022)
Total Baths	4
Lot Depth	120
Total Bedrooms	6
Lot Sz (Acres)	0.14
Lot Sz (Sq Ft)	6,000
View	No
View -Type	-

Property Type	Freehold NonStrata
List Date	Oct 05 2023
Style of Home	Other
Approx year Built	1962
Age	61
Floor Area (Sq Ft)	2,890
Frontage	50.00
MLS® Number	R2747822
Postal Code	V7L 3N6
Community	Lower Lonsdale
Area	North Vancouver