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Data was last updated 2025-06-12 at 21:40:05 GMT
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.
Listing Information
- Prop. Type:
- Duplex
- Property Style:
- 3 Storey
- Status:
- Active
- City:
- North Vancouver
- Bedrooms:
- 8
- Full Bathrooms:
- 6
- Neighborhood:
- Lower Lonsdale
- Area:
- North Vancouver
- Province:
- British Columbia
- MLS® Number:
- R3000723
- Listing Price:
- $3,380,000
- Taxes:
- $10,874
General Information
- Year Built:
- 1969
- Lot Size (sqft):
- 7013.23 ft2
- Total Square Feet:
- 5080ft2
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This property is listed by RE/MAX Crest Realty and provided here courtesy of
Max Chiu.
For more information or to schedule a viewing please contact Max Chiu.
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