472 E 4th, V7L 1J5 – Development opportunity (6-Plex or 2 detached homes). Discover an exceptional property in Lower Lonsdale, offering the potential to subdivide the 6,850 sf lot and build two single detached homes boasting Downtown and Water views. Preliminary plans outline 3-level homes with over 2500sq. ft. of living space and approximately 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, 1.5 bath house generates over $5600/m in rental. Located less than 400 meters from a Rapid Bus stop, seize the incredible opportunity to construct 6 units in this highly sought-after area of North Van, perfectly aligned with the new Provincial Rezoning initiative.
Listed by RE/MAX Crest Realty.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Lance Phillips & Co. 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.
MLS® | R2867154 |
Type | House |
Bedrooms | 3 |
Bathrooms | 2 |
Square Feet | 1,318 sqft |
Lot Size | 6,850 sqft |
Frontage | 50.00 ft |
Depth | 137.00 ft |
Full Baths | 1 |
Half Baths | 1 |
Taxes | $4535.66 |
View | Water, city and mountain |
Basement | Crawl |
Storeys | 1 storeys |
Year Built | 1957 |
Style | 1 Storey |
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