472 E 4th, V7L 1J5 – Development opportunity in Lower Londsdale (6-Plex or 2 detached homes or Duplex).

472 E 4TH STREET, Lower Lonsdale, North Vancouver, BC

  • MLS: R2867154
  • 1318 Sq Ft
  • 3
  • 2
$2,500,000
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Property Description

472 E 4th, V7L 1J5 – Development opportunity in Lower Londsdale (6-Plex or 2 detached homes or Duplex). New Houses on either side of this lot. Potential to subdivide the 6,850 SF lot & build two single detached homes boasting Downtown & Water views. Preliminary plans outline 3-level homes with over 2500 SF of living space & approx 500 sq. ft. of rooftop deck. Re-zoning applications have been approved for similar lots, and the City has confirmed eligibility for a rezoning application. The existing 6 bed, 2 bath house generates over $5600/m in rental income. Located less than 400 meters from a Rapid Bus stop. 2nd option to construct a multiplex (max 6 units) in this highly sought-after area of North Van, perfectly aligned with the new Provincial Rezoning initiative that is coming June 30

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Property Information

Address 472 E 4TH STREET
List Price $2,500,000
Dwelling Type House/Single Family
Gross Taxes $4,536 (2023)
Total Baths 2
Lot Depth 137
Total Bedrooms 3
Lot Sz (Acres) 0.16
Lot Sz (Sq Ft) 6,850
View Yes
View -Type water, city and mountain
Property Type Freehold NonStrata
List Date May 02 2024
Style of Home Other
Approx year Built 1957
Age 67
Floor Area (Sq Ft) 1,318
Frontage 50.00
MLS® Number R2867154
Postal Code V7L 1J5
Community Lower Lonsdale
Area North Vancouver
Private Setting,Private Yard

Property Location

MLS LOGO  RE/MAX Crest Realty

Contact Us About this Property

      Elaine - Brenden

 

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