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216 E 3rd Street

North Vancouver

6 Bed, 8 Bath Duplex

$3,120,000

DESCRIPTION

Unique opportunity to acquire both sides of a Duplex in Lower Lonsdale on 6,003 sq.ft of land. Endless options: Renovate & live, hold & collect excellent rental income ($88,560 gross), or assemble with adjoining properties(222 & 224 E 3rd)& redevelop. Neighboring properties, 222/224 E 3rd must be sold together with 216 E 3rd. All 3 lots are currently zoned RT-1 & have an OCP Designation of R5 (Medium Density up to 6 stories) with a maximum density of 2.6FSR (1.60 Base with a potential bonus density of 1.0 FSR). Ideally located in close proximity to restaurants & shops on Lower Lonsdale/ Lonsdale Quay + walking distance to public transportation & Seabus. Potential for upper floor South facing Vancouver Harbour views in redevelopment. Tenanted property-do not walk on premises.

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AT A GLANCE

MLS® # R2622021
Subarea Lower Lonsdale
Beds 6
Baths 6 + 2 ½ Baths
Size 3,954 sqft
Lot Size 6,004 SqFt.
Lot Dimensions 50.00 × 120.1
Built 1977
Taxes $9,464.37 in 2020

MAP

216 E 3rd Street, North Vancouver BC V7L 1E7 near E 3rd Street & Street Georges Ave in Lower Lonsdale

LISTING BROKERAGE

Sitings Realty Ltd.

TO VIEW CONTACT

Les Twarog
BC Condos & Homes
Re/Max Crest Realty
les@bccondos.net
Phone: 604-243-2696

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DISCLAIMER

Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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