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423-425 E 2ND Street

North Vancouver, BC V7L 1C9
  • $2,890,000
  • STATUS: Active
  • ID#: R2826470
UPDATED: 178 min ago
$2,890,000
  • 6
    BEDS
  • 0.14
    ACRES
  • 4
    BATHS
  • 2
    1/2 BATHS
  • 3,044
    SQFT
  • $949
    $/SQFT
Neighbourhood:
Type:
Townhouse
Built:
2000

Description

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.

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© 2024 by the Greater Vancouver REALTORS®. NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy. Last updated: 2024-04-23T23:54:23.543
www.604realtygroup.com/homes/144570644
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423-425 E 2ND Street North Vancouver, BC V7L 1C9

  • Price: $2,890,000
  • Status: Active
  • On Site: Days
  • Updated: 178 min ago
  • ID#: R2826470
6
Beds
4
Baths
2
½ Baths
0.14
Acres
3,044
SQFT
$949
$/SQFT
2000
Built
Neighbourhood:
Lower Lonsdale
Area:
North Vancouver
Property Description
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.
Exterior Features

Depth 120 Frontage 50.00 Frontage Metric 15.24 Lot Sz Hectares 0.06 Lot Sz Sq Mtrs 557.42 Parking DetachedGrge/CarportGarage; Double Parking Places Total 2

Interior Features

Floor Area Fin Main Floor 1522 Heating Forced Air Total Baths 6

Property Features

For Tax Year 2023 Gross Taxes 8739.89 Short Region Code Real Estate Board of Greater Vancouver Title To Land Freehold NonStrata Type Of Dwelling Duplex

Canada - Vancouver, Fraser Valley, & Chilliwack BC logo Listing provided courtesy of Royal LePage Sussex. © 2024 by the Greater Vancouver REALTORS®. NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
© 2024 by the Greater Vancouver REALTORS®. NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy. Last updated: 2024-04-23T23:54:23.543
 
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