The Largest Number of Homes for Sale
Multi-family for sale
357 W 4th Street, Lower Lonsdale, North Vancouver
$6,300,000
$6,300,000
Multi-family for sale
357 W 4th Street, Lower Lonsdale, North Vancouver
Features
Year Built
1957
Floor Area
12,250 sqft
Lot Size
8,393 sqft
Gross Property Tax
$15,334.70 /year
Building Type
Low Rise (2-4 storeys)
Zoning
RM-1
Suite Mix Information
5 x 1 ½, 7 x 2 ½
Total no. of Units
12
Financial Summary
$300,000
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.
MLS® Number C8068317