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 |
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