Exceptional opportunity to secure a prime property in the heart of Central Lonsdale with significant redevelopment potential. Zoned RM-1 (Medium Density), the site allows a 1.6 FSR w/ potential for an additional 1.0 FSR bonus. Can be purchased independently or in conjunction with neighbouring properties (160 & 166 East 10th Street), offering the rare opportunity to assemble an approximately 12,000 sq ft development site. The existing character home is rented for $3,698 per month. Situated in a highly walkable location, just steps to Whole Foods Market, Lions Gate Hospital, public transit, and a wide array of restaurants, cafés, and daily conveniences. Call for more information.