246 W 5th Street, Lower Lonsdale, North Vancouver

246 W 5th Street

Lower Lonsdale, North Vancouver

Business
10 Bedrooms
6 Bathrooms
Size: 4,030 sqft
Built in 1977
$2,980,000

About this Business in Lower Lonsdale

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 ($113,400 annually).
Listed by Sutton Group-West Coast Realty.

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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 ($113,400 annually).

Listed by Sutton Group-West Coast Realty.

Vancouver, Fraser Valley and Chilliwack MLS® Reciprocity Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Sylvia Fierro for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

More Details
  • MLS®: R3047005
  • Bedrooms: 10
  • Bathrooms: 6
  • Type: Business
  • Size: 4,030 sqft
  • Lot Size: 6,000 sqft
  • Frontage: 50.00 ft
  • Full Baths: 6
  • Half Baths: 0
  • Taxes: $8039.71
  • Parking: Carport Multiple, Lane Access (4)
  • View: Some city view
  • Basement: None
  • Storeys: 2 storeys
  • Year Built: 1977

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Lower Lonsdale, North Vancouver

North Vancouver is split between two municipalities, more so in name than in the actual feel of the area—there’s the district and the city. Small subtleties exist to differentiate the two parts; the city is suggested to have a more urban feel supplying most of the high-rise buildings, rental properties, and commercial properties and as for the district; it encompasses more of the residential neighbourhoods. This said, most residents have difficulty determining the difference between the two and refer to it wholly as North Vancouver. This city has so much to offer every family from hiking immaculately trekked trails to leisurely dog walks in the park, there will never be a dull moment on your family’s weekend agenda.


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