6 Bedrooms
4 Bathrooms
2,890 sqft
$4,400,000
About this House in Lower Lonsdale
Exceptional Investment Opportunity: Prime Property with Incredible Development Potential. This outstanding property is situated in a rapidly evolving neighbourhood, recently rezoned for multifamily development to stimulate growth. Just across the street, developers have already demolished numerous homes to make way for contemporary townhouses. Additionally, several adjacent properties are undergoing transformations into multifamily structures, gradually shaping the entire are…a into a modern, multistory townhouse area. This property is an ideal investment, perfectly positioned to benefit from the ongoing neighbourhood revitalization. Currently, the basement and top floor are leased to exceptional, long-term tenants who are interested in maintaining their residency.
Listed by RA Realty Alliance Inc..
Exceptional Investment Opportunity: Prime Property with Incredible Development Potential. This outstanding property is situated in a rapidly evolving neighbourhood, recently rezoned for multifamily development to stimulate growth. Just across the street, developers have already demolished numerous homes to make way for contemporary townhouses. Additionally, several adjacent properties are undergoing transformations into multifamily structures, gradually shaping the entire area into a modern, multistory townhouse area. This property is an ideal investment, perfectly positioned to benefit from the ongoing neighbourhood revitalization. Currently, the basement and top floor are leased to exceptional, long-term tenants who are interested in maintaining their residency.
Listed by RA Realty Alliance Inc..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Wieser & Englmann for your convenience.
Disclaimer: 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details
- MLS®: R2747822
- Bedrooms: 6
- Bathrooms: 4
- Type: House
- Square Feet: 2,890 sqft
- Lot Size: 6,000 sqft
- Frontage: 50.00 ft
- Depth: 120.00 ft
- Full Baths: 2
- Half Baths: 2
- Taxes: $7382.68
- Basement: Full,Fully Finished
- Storeys: 2 storeys
- Year Built: 1962
- Style: 2 Storey
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More About Lower Lonsdale, North Vancouver
lattitude: 49.3063389
longitude: -123.0657463
V7L 3N6