357 W 4TH STREET Active Save Request In-Person Tour Request Virtual Tour
North Vancouver,BC V7M 1J2
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,250 sqft
Price per Sqft $514
Subdivision Lower Lonsdale
MLS Listing ID C8068317
Year Built 1957
Annual Tax Amount $15,334
Tax Year 2024
Property Description
A rare chance to acquire a well-maintained 12-unit multifamily rental building located in Lower Lonsdale. This income-producing asset features a solid unit mix of 7 two-bedroom and 5 one-bedroom units. Professionally managed with strong rental history and minimal vacancy, the property currently generates over 25K monthly. Numerous upgrades have been completed, ensuring low maintenance and long-term stability. Located within a designated Residential Level 5 OCP zone, the property offers potential for increased density, with a bonus FSR of up to 2.6. A turn-key income property with future redevelopment potential in one of North Vancouver's most sought-after rental corridors.
Location
Province BC
Community Lower Lonsdale
Area North Vancouver
Zoning British Columbia Default Zone
Building
Dwelling Type Multi-Family Commercial
Story 4
Structure Type Mixed