- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- C8069116
- Build. Type:
- Mul Tenant/MultiPlex (5+)
- Photos (7)
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Unlock the incredible rental potential with a rebuild designed to maximize returns under the SSMHU (Small Scale Multi-Housing Use) zoning. Located in the heart of Lower Lonsdale, it's the perfect opportunity to create a modern, multi-unit property that caters to the high demand for rental housing in this vibrant area. With its proximity to the bustling Lonsdale corridor, the waterfront Quay, and seamless access to downtown Vancouver via the SeaBus, this property is will attract professionals, families, and outdoor enthusiasts. A thoughtfully designed rebuild could include multiple rental suites, to offer tenants a blend of urban convenience, stunning views, and access to North Shore’s natural beauty. Capitalize on this rare opportunity to create a high-yield investment with existing holding income!!!
- Sale Type:
- Asset
- Ownership:
- Freehold
- Property Type:
- Multi-Family Commercial
- Commercial Type:
- Multi Family
- Construction:
- Concrete Block, Frame Wood
- Num Storeys:
- 2
- Building Type:
- Mul Tenant/MultiPlex (5+)
- # Units Total:
- 4
- # Other Units:
- 4
- # of Apartments:
- 4
- # of Studio Apartments:
- 0
- # of Penthouse Apartments:
- 0
- # of Bachelor Apartments:
- 0
- # of 4+ Bedroom Apartments:
- 0
- # of 1 Bedroom Apartments:
- 0
- # of 2 Bedroom Apartments:
- 0
- # of 3 Bedroom Apartments:
- 0
- Year built:
- 1958 (Age: 67)
- Living Area:
- 0 sq. ft.
- Lot Area:
- 6,098.4 sq. ft.
- Zoning:
- RT-1/SSMHU
- Potential to Redevelop:
- Yes
- # Of Parking Spaces - Total:
- 3
- Road Frontage:
- Lane
- Road Surface:
- Paved
- Heating:
- Forced Air
- Cooling:
- Forced Air
- Electricity:
- Yes
- Services Connected:
- Electricity Connected, Natural Gas Connected, Street Lighting, Sidewalk
- Sewer:
- Public Sewer, Sanitary Sewer, Storm Sewer
- Parcel Number:
- 005506981
- Taxes:
- $7,104.5 / 2024
- No
- 3.255% ON 1ST $100,000; 1.1625% ON BALANCE
- None Known
- No
- Water Supply:
- Public
- Water Rights:
- No
- Roof:
- Asphalt
- Potential to Redevelop:
- Yes
- Env Assmt Phase:
- No
- Cap Rate %:
- 0.0
- Gross Income:
- 0.0
- Oper. Expenses:
- 0.0
- Other Income:
- $0
- Effective Gross Income:
- $0
- Net Operating Income:
- $0
- Original Price:
- $2,400,000
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View of side of property with stairs -
View of front of property featuring stucco siding
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Water view
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View of asphalt street with a city view and sidewalks
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View of surrounding community
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View of property's community
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View of property's community
Listed by Sutton Group - 1st West Realty and eXp Realty
Data was last updated May 19, 2025 at 12:40 PM (UTC)
- Gord Dutka PREC
- Sutton Group - 1st West Realty
- 604-760-9295
- Contact by Email
G
D
Gord Dutka
Sutton Group - 1st West Realty
Office Address:
#208 3631 No 3 Road
Richmond, BC, V6X 2B9