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A $3,380,000.00 Duplex with 8 bedrooms in Lower Lonsdale, North Vancouver At 246 W 4th Street North Vancouver (Lower Lonsdale)

246 W 4th St, North Vancouver: Exceptional investment opportunity on a 7,013 sq ft flat lot (50x140 ft) in a prime location. This fourplex generates $75,360/year in rental income and is designated for medium-density development under RT1 zoning and R4A OCP with 1.0 FSR. A letter from the City of North Vancouver confirms rezoning potential for small-scale housing allowing up to 6 units. Buy, hold, and develop. Suite breakdown: #1 – Upper Right, 3 bed, 2 level, 1,700 sf; #2 – Upper Left, 3 bed, 2 level, 1,700 sf, $2,200/mo (2016); #3 – Main Right, 1 bed, 689 sf, $980/mo (2017); #4 – Main Left, 1 bed, 689 sf, $1,900/mo (2024). Some suites have shared laundry. No dishwasher in #1. Developers and investors—don’t miss this.


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246 W 4th Street
R3000723
Duplex
3 Storey
$3,380,000.00 Can you afford this?
$665.35
52
North Vancouver
Lower Lonsdale
RE/MAX Crest Realty
5,080 Sqft.
8
6
1969
7,013.23
Partially Finished, Exterior Entry
V7M 1H7
RT-1
$10,873.50
2024
Lane Access, Recreation Nearby, Shopping Nearby

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