10
See all 10 photos
$6,300,000
Est. payment /mo
8,276 Sqft Lot
Active
357 W 4th ST North Vancouver, BC V7M 1J2
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8068317
Year Built 1957
Lot Size 8,276 Sqft
Property Sub-Type Multi Family
Property Description
A rare chance to acquire a well-maintained 12-unit multifamily rental building located in Lower Lonsdale. This income-producing asset features a solid unit mix of 7 two-bedroom and 5 one-bedroom units. Professionally managed with strong rental history and minimal vacancy, the property currently generates over 25K monthly. Numerous upgrades have been completed, ensuring low maintenance and long-term stability. Located within a designated Residential Level 5 OCP zone, the property offers potential for increased density, with a bonus FSR of up to 2.6. A turn-key income property with future redevelopment potential in one of North Vancouver's most sought-after rental corridors.
Location
Province BC
Community Lower Lonsdale
Area North Vancouver
Zoning RM-1
Building
Story 4
Others
Ownership Freehold
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