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
Address
472 E 4TH STREET
List Price
$2,500,000
Property Type
Residential Detached
Type of Dwelling
House/Single Family
Style of Home
1 Storey
Area
North Vancouver
Sub-Area
Lower Lonsdale
Bedrooms
3
Bathrooms
2
Floor Area
1,318 Sq. Ft.
Lot Size
6850 Sq. Ft.
Year Built
1957
MLS® Number
R2867154
Listing Brokerage
RE/MAX Crest Realty
Basement Area
Crawl
Postal Code
V7L 1J5
Zoning
RS-1
Tax Amount
$4,536
Tax Year
2023
Site Influences
Private Setting, Private Yard
Features
Clothes Washer/Dryer, Garage Door Opener, Microwave, Refrigerator
