Seize this outstanding investment opportunity nestled in a prime location! Designated as R4A & zoned RG-3 with an FSR of up to 1.0, this property opens the door to the construction of 4 townhomes, each featuring a lock-off suite – an ideal prospect for developers. The current side-by-side 2-level duplex boasts great long term tenants, 3 bedrooms, 2.5 baths per side & generates an annual gross income of $49,800. Beautiful southern exposure and views of the city & water; lane access, a detached 2-car garage, garden & deck space, and a great walk score. Located just a stone's throw away from Lonsdale Quay and public transit, this property is perfectly situated for both convenience and accessibility. Built just 23 years ago, this property is in good condition. Hold, renovate or build!More details
Attention Builders, Developers & Investors! Don't miss this rare opportunity in Ottawa Garden. Nestled in Lower Lonsdale's vibrant heart a 50 x 120 multi family Lot close to transit, boasting with downtown views. The existing full duplex is well maintained, offering rental potential of approximately $10,000/month. Approved building permit ready to construct three 1800 sqft units. Alternatively, leverage the new housing law to maximize potential, up to six units spanning approximately 9000 sqft, benefitting from the transit-oriented zone designation. A lucrative venture awaits!More details
Excellent investment opportunity in a prime location. This exceptional opportunity to own a well maintained 4-unit multifamily building consisting of 2 one-bedroom front entrance units and 2 three-bedrooms two levels single house style home units with in-suite laundry room. Hot water baseboard heating, share coin laundry room for one bedroom unit and carports at the back. This non-strata duplex has total 4 units and has over 5000 Sq Ft living space. Good holding property for re-development. Long term tenants. Please provide 48 hours for showingsMore details
Attention all builders & investors! Here is your opportunity to own a legally zoned four-plex in the heart of Lower Lonsdale/Moodyville.Offering bang on views of the inner harbor and downtown, this property features 2 side by side 3 level 3 bedroom townhomes each with a self contained walk out bachelor suite.There are 2 one bedroom self contained apartment units one features a wood burning fireplace and the other offers a walk out (wheelchair accessible).All units have their own washer dryers and utility meters.Excellent yearly gross income with almost $110,000. All tenancies are month to month. Many opportunities present themeslves,renovate, rebuild, or redevelop. City of North Vancouver owns adjoining parcel of land and is willing to sell or partnership.Either way you come out a winner.More details
Data was last updated April 19, 2024 at 08:10 PM (UTC)
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