DESCRIPTION
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
PHOTOS
SHARE
FEATURES
- check_boxClothes Washer
- check_boxDryer
- check_boxGarage Door Opener
- check_boxMicrowave
- check_boxRefrigerator
AT A GLANCE
| MLS® # |
R2867154 |
| Subarea |
Lower Lonsdale |
| Home Style |
1 Storey |
| Beds |
3 |
| Baths |
1 + ½ Bath |
| Size |
1,318 sqft |
| Lot Size |
6,850 SqFt. |
| Lot Dimensions |
50.00 × 137 |
| Built |
1957 |
| Taxes |
$4,535.66 in 2023 |
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LISTING BROKERAGE
RE/MAX Crest Realty
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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.