216 E 3RD STREET

Duplex For Sale in Lower Lonsdale, North Vancouver

$3,120,000
  • 6 Beds
  • 8 Baths
  • 3,954 Sq. Ft.
  • Built 1977
Unique opportunity to acquire both sides of a Duplex in Lower Lonsdale on 6,003 sq.ft of land. Endless options: Renovate & live, hold & collect excellent rental income ($88,560 gross), or assemble with adjoining properties(222 & 224 E 3rd)& redevelop. Neighboring properties, 222/224 E 3rd must be sold together with 216 E 3rd. All 3 lots are currently zoned RT-1 & have an OCP Designation of R5 (Medium Density up to 6 stories) with a maximum density of 2.6FSR (1.60 Base with a potential bonus density of 1.0 FSR). Ideally located in close proximity to restaurants & shops on Lower Lonsdale/ Lonsdale Quay + walking distance to public transportation & Seabus. Potential for upper floor South facing Vancouver Harbour views in redevelopment. Tenanted property-do not walk on premises.
Address 216 E 3RD STREET
List Price $3,120,000
Property Type Multifamily
Type of Dwelling Duplex
Style of Home 3 Storey
Area North Vancouver
Sub-Area Lower Lonsdale
Bedrooms 6
Bathrooms 8
Floor Area 3,954 Sq. Ft.
Lot Size 6004 Sq. Ft.
Year Built 1977
MLS® Number R2622021
Listing Brokerage Sitings Realty Ltd.
Basement Area Fully Finished, Separate Entry
Postal Code V7L 1E7
Zoning RT-1
Tax Amount $9,464
Tax Year 2020
Amenities None

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Greg Pearson
Personal Real Estate Corporation

Royal LePage Sussex

2996 Lonsdale Avenue North vancouver BC V7N3J4

Mobile: 6046263838

Office: 6046263838

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