Incredible development opportunity! The entire neighborhood has recently been rezoned to allow multifamily development. This outstanding property is situated in a rapidly evolving neighborhood with new multifamily buildings all around. It is an ideal investment, perfectly positioned to benefit from the ongoing neighborhood revitalization. The property has been well taken care of and the whole existing home, main and below are currently rented to great tenants which brings in good income. It is centrally located with views of city and water, close to Lonsdale Quay and public transit, sea bus to downtown Vancouver, good schools, cafe's and restaurants near by. Don't miss it! Please call for your appointment.
Address
478 E 1ST STREET
List Price
$2,830,000
Property Type
Residential Detached
Type of Dwelling
House/Single Family
Style of Home
2 Storey
Area
North Vancouver
Sub-Area
Lower Lonsdale
Bedrooms
7
Bathrooms
4
Floor Area
1,838 Sq. Ft.
Lot Size
6005 Sq. Ft.
Year Built
1958
MLS® Number
R2877787
Listing Brokerage
Regent Park Realty Inc.
| RA Realty Alliance Inc.
Basement Area
None
Postal Code
V7L 1B7
Zoning
RG-3
Tax Amount
$8,458.00
Tax Year
2023
Features
ClthWsh/Dryr/Frdg/Stve/DW
Building