423-425 E 2nd Street, North Vancouver

$2,890,000

6 Beds
6 Baths
3,044 Sqft
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.

Property Details
Price$2,890,000
Year Built2000
TypeMulti-Family
Sub-TypeDuplex
Finished Levels2
Main Floor1,522 sqft
Total Size3,044 sqft
Bedrooms6
Full Baths4
Half Baths2
Property Taxes$8,740 /year
Title to LandFreehold NonStrata
Additional Information
MLS® #R2826470
Address423-425 E 2nd Street
SubdivisionLower Lonsdale
AreaNorth Vancouver
ProvinceBC
Listing OfficeRoyal LePage Sussex
Amenities and Features
Parking Spaces2
ParkingDetachedGrge/Carport, Garage; Double
HeatingForced Air
Lot Size
Lot Area6,000 sqft
Frontage50 ft
Depth120 ft
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Listing information last updated on April 28th, 2024 at 5:15am PDT.