PROPERTY DESCRIPTION:
This is a rare opportunity to acquire a prime 3-lot land assembly offering holding income and immediate redevelopment potential in the heart of North Vancouver. Situated just off the vibrant and amenity-rich Central Lonsdale corridor, this site offers exceptional walkability and connectivity. Residents will enjoy close proximity to premier retail and lifestyle offerings including Whole Foods Market, Shoppers Drug Mart, and a diverse array of local restaurants, cafés, and essential services. The location also boasts excellent access to public transit and is just a short walk to Lower Lonsdale, the dynamic Shipyards District and Lonsdale Quay, offering direct Seabus access to Downtown Vancouver.
CURRENT IMPROVEMENTS:
160 E 10th Street: A 3.5-storey walk-up apartment building comprising six two-bedroom units. Built in 1920 and designated as a Heritage Class A building. Total monthly rent: $5,873.50
164 E 10th Street: A 1.5-storey single-family home with a finished basement, constructed in 1910. The total area is 1,227 sq.ft., including 887 sq.ft. on the main floor and 340 sq.ft. on the second floor. The basement offers an additional 887 sq.ft., finished as a one-bedroom suite. Total monthly rent: $3,075.00
166 E 10th Street: A 1-storey single-family dwelling with a total area of 1,031 sq.ft., built in 1910. Designated as a Heritage Class B building. Includes a 308 sq.ft. detached garage. Total monthly rent: $2,600.00
LAND USE:
The properties are zoned RM-1, Medium Density Apartment Residential and designated "Residential Level 5" in the City of North Vancouver OCP. This land use supports redevelopment of a medium density apartment building of up to 6 storeys and 2.6 FSR. The City of North Vancouver’s Official Community Plan also has density bonus opportunities for the retention, restoration, and legal protection of heritage resources within the community.
Address
160, 164, 166 E 10th ST
List Price
$6,000,000
Type of Dwelling
Land
Style of Home
Other
Transaction Type
Sale
Area
North Vancouver
Sub-Area
Central Lonsdale
Bedrooms
9
Lot Size
12414 Sq. Ft.
Listing Brokerage
Oakwyn Realty Ltd.
Zoning
RM-1