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$ 7,990,000
Est. payment | /mo
0.28 Acres Lot
$ 7,990,000
Est. payment | /mo
0.28 Acres Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8079372
Lot Size 0.280 Acres
Property Sub-Type Multi Family
Property Description
A rare opportunity to acquire 12,000 sq.ft of prime land in one of North Vancouver's fastest-growing & most transformative neighbourhoods. Comprised of 4 half-duplex residences, this unique offering presents exceptional holding income with significant long-term redevelopment & assembly potential. Strategically located in the heart of Lower Lonsdale, this property sits within a rapidly evolving urban corridor surrounded by major residential & mixed-use development. Directly across the street, the landmark INNOVA community is reshaping the neighbourhood with hundreds of new homes & retail services, further elevating the area's desirability & investment profile. Potential exists to explore future assembly opportunities with neighbouring properties, creating a larger redevelopment site of approximately 18,000 to 24,000 sq.ft. The property benefits from excellent proximity to transit, the Spirit Trail, Moodyville Park, The Shipyards, Lower Lonsdale, and the rapidly expanding East 3rd Street corridor.
Location
Province BC
Community Lower Lonsdale
Area North Vancouver
Zoning RM-2
Others
Ownership Freehold
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