423-425 E 2ND STREET

Duplex For Sale in Lower Lonsdale, North Vancouver

  • 6 Beds
  • 6 Baths
  • 3,044 Sq. Ft.
  • Built 2000
Seize this outstanding investment opportunity nestled in a prime location! Designated as R4A & zoned RG-3 with an FSR of up to 1.0, this property opens the door to the construction of 4 townhomes, each featuring a lock-off suite – an ideal prospect for developers. The current side-by-side 2-level duplex boasts great long term tenants, 3 bedrooms, 2.5 baths per side & generates an annual gross income of $49,800. Beautiful southern exposure and views of the city & water; lane access, a detached 2-car garage, garden & deck space, and a great walk score. Located just a stone's throw away from Lonsdale Quay and public transit, this property is perfectly situated for both convenience and accessibility. Built just 23 years ago, this property is in good condition. Hold, renovate or build.
Address 423-425 E 2ND STREET
List Price $2,890,000
Property Type Multifamily
Type of Dwelling Duplex
Style of Home 2 Storey
Area North Vancouver
Sub-Area Lower Lonsdale
Bedrooms 6
Bathrooms 6
Floor Area 3,044 Sq. Ft.
Lot Size 6000 Sq. Ft.
Year Built 2000
MLS® Number R2826470
Listing Brokerage Royal LePage Sussex
Basement Area None
Postal Code V7L 1C9
Zoning RG-3
Tax Amount $8,740
Tax Year 2023
Site Influences Central Location, Lane Access, Shopping Nearby
Features ClthWsh/Dryr/Frdg/Stve/DW

Request More Info or a Showing

Mike Deneumoustier

Re/Max Treeland Realty

Office: 778-877-4850