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
Address |
472 E 4TH STREET |
List Price |
$2,500,000 |
Property Type |
Residential Detached |
Type of Dwelling |
House/Single Family |
Style of Home |
1 Storey |
Area |
North Vancouver |
Sub-Area |
Lower Lonsdale |
Bedrooms |
3 |
Bathrooms |
2 |
Floor Area |
1,318 Sq. Ft. |
Lot Size |
6850 Sq. Ft. |
Year Built |
1957 |
MLS® Number |
R2867154 |
Listing Brokerage |
RE/MAX Crest Realty
|
Basement Area |
Crawl |
Postal Code |
V7L 1J5 |
Zoning |
RS-1 |
Tax Amount |
$4,536 |
Tax Year |
2023 |
Site Influences |
Private Setting, Private Yard |
Features |
Clothes Washer/Dryer, Garage Door Opener, Microwave, Refrigerator |