Unique opportunity to acquire both sides of a Duplex in Lower Lonsdale on 6,000 sq.ft of land. Opportunity awaits - be it a MULTI-GENERATIONAL family living arrangement or HOLDING PROPERTY on a 50 X 120 with great development potential. Walking distance to vibrant Lower Lonsdale, some nice views, offering a side by side duplex, effectively a 4plex building with 3 beds upstairs & 2 baths on each side. The main floor offers 2 bedroom suites on each side. All have fireplaces. Can be used for income property or redevelop new duplex - your choice. An incredible opportunity that doesn’t come around often. Currently rental income ($89,400 annually).
| Address |
246 W 5TH STREET |
| List Price |
$2,980,000 |
| Property Type |
Multifamily |
| Type of Dwelling |
Duplex |
| Style of Home |
2 Storey |
| Area |
North Vancouver |
| Sub-Area |
Lower Lonsdale |
| Bedrooms |
10 |
| Bathrooms |
6 |
| Floor Area |
4,030 Sq. Ft. |
| Lot Size |
6000 Sq. Ft. |
| Year Built |
1977 |
| MLS® Number |
R2759007 |
| Listing Brokerage |
Sutton Group-West Coast Realty
|
| Basement Area |
None |
| Postal Code |
V7M 1K1 |
| Zoning |
RT-1 |
| Tax Amount |
$8,040 |
| Tax Year |
2022 |
| Site Influences |
Central Location, Private Setting, Recreation Nearby, Shopping Nearby |
| Building |
Cascade at the Pier - Lower Lonsdale |
