Multi-family for sale
748 Chesterfield Avenue, Central Lonsdale, North Vancouver
$4,900,000
Features
Floor Area
10,488 sqft
Lot Size
10,488 sqft
Gross Property Tax
$10,950.33 /year
Building Type
Mul Tenant/MultiPlex (5+)
Zoning
CD-247
Subject Property Width
75 ft
Subject Property Depth
140 ft
Suite Mix Information
x Bachelor/Studio, 2 x 1 ½, 7 x 2 ½
Description
Opportunity awaits in the heart of Central Lonsdale. This well-maintained 11-unit, 3-storey building sits on a prime 10,488 sq.ft. corner lot, measuring 75' x 140'. Originally constructed in 1953, the building received an addition in 1976. It boasts immaculate upgrades & renovations, with unit sizes ranging from spacious 1-bedroom homes of 700 sq.ft. to comfortable 2-bedroom homes of 1,000 sq.ft. This property is ideal for an owner/operator, offering solid rental income & potential for redevelopment with restrictions. Centrally located along the Lonsdale Avenue corridor, Central Lonsdale serves as a vibrant cultural hub, just steps away from a variety of amenities, including Whole Foods Market, beautiful parks for outdoor enthusiasts, Lonsdale Quay, the SeaBus, & Queen Mary Elementary.
MLS® Number C8067634