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246 W 4th Street
Lower Lonsdale North Vancouver V7M 1H7

$3,050,000
Multi-Family Commercial

Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8070639
Build. Type:
Freestanding
246 West 4th Street North Vancouver Four Plex 7013sf lot size 50 foot frontage x 140 foot Depth, INVESTMENT opportunity for BIG development SITE flat Location. DEVELOPERS INVESTORS ALERT. Possible for rezoning. The site is designated for medium density - RT1 zoning and R4A OCP, 1 FSR, Buy and Hold and Develop, Rental Income $75,360/yr, *SEE letter from CITY OF NORTH VANCOUVER regarding rezoning for SMALL SCALE HOUSING allowing for 6 UNITS*
Sale Type:
Asset
Sublease:
Yes
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Frame Wood
Num Storeys:
3
Building Type:
Freestanding
# Units Total:
0
# Other Units:
0
# of Apartments:
4
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
2
# of 2 Bedroom Apartments:
0
# of 3 Bedroom Apartments:
22
Year built:
1969 (Age: 56)
Living Area:
4,913 sq. ft.
Subject Property Depth:
140'
Subject Property Width:
50'
Lot Area:
6,969.6 sq. ft.
Zoning:
Potential to Redevelop:
designated medium density - RT1 zoning and R4A OCP, 1 FSR, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Parcel Number:
015134709
Taxes:
$10,873.5 / 2024
No
Water Rights:
No
Roof:
Potential to Redevelop:
designated medium density - RT1 zoning and R4A OCP, 1 FSR, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:

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Listed by RE/MAX Crest Realty
Data was last updated July 10, 2025 at 05:40 PM (UTC)
JENNIFER BERRY

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