North Vancouver Duplex For Sale

423-425 E2ND STREET, North Vancouver, British Columbia

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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.

Property Details
Property Type : Multifamily
Type of Dwelling : Duplex
Listing Type : For Sale
MLS ID : R2826470
Price : C$2,890,000
Status : Active
Year Built : 2000
Bedrooms : 6
Bathrooms : 6
Square Footage : 3,044 Sqft
Sub-Area : Lower Lonsdale
City : North Vancouver
Province : British Columbia
Postal Code : V7L 1C9
Features
Parking : 2
Additional Information
Area Invalid : North Vancouver
Title to Land : Freehold NonStrata
Age : 24
Frontage - Feet : 50
For Tax Year : 2023
Gross Taxes : 8739.89
Listing Office : Royal LePage Sussex
Source : Real Estate Board of Greater Vancouver
Multifamily For Sale
  • MLS ID : R2826470
  • Bedrooms : 6
  • Bathrooms : 6
  • Square Footage : 3,044 Sqft
C$2,890,000
Contact Bryna
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