216 E 3rd Street, North Vancouver, BC V7L 1E7

$3,120,000
6
BD
8
BA
3,954
SqFt
List Price
$3,120,000
Status
ACTIVE
MLS® #
R2543055
Days on Market
49
Year Built
1977
Dwelling Type
Duplex
Stories
2
Bedrooms
6
Total baths
8
Half baths
2
Living Area
3,954
Area
North Vancouver
Community
Lower Lonsdale

Property Description

Unique opportunity to acquire both sides of a Duplex in Lower Lonsdale on 6,003 sq.ft of land. Endless options: Renovate & live, hold & collect excellent rental income ($88,560 gross), or assemble with adjoining properties(222 & 224 E 3rd)& redevelop. Neighboring properties, 222/224 E 3rd must be sold together with 216 E 3rd. All 3 lots are currently zoned RT-1 & have an OCP Designation of R5 (Medium Density up to 6 stories) with a maximum density of 2.6FSR (1.60 Base with a potential bonus density of 1.0 FSR). Ideally located in close proximity to restaurants & shops on Lower Lonsdale/ Lonsdale Quay + walking distance to public transportation & Seabus. Potential for upper floor South facing Vancouver Harbour views in redevelopment. Tenanted property-do not walk on premises.

Additional Information

Lot Size
6,003
Acres
0.14
Region
North Vancouver
Title To Land
Freehold NonStrata
Gross Taxes
9464.37
Tax Year
2020
Frontage
50
Depth
120

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Calculator source: Real Geeks

Listing courtesy of Sitings Realty Ltd.

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NOTE: 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.