5 bed
4 bath
2,736 sqft
Other
Built in 1958
6,525 sqft lot
3 parking
Freehold NonStrata
RT-1 zone
Public remarks
Unlock the incredible rental potential with a rebuild designed to maximize returns under the SSMHU (Small Scale Multi-Housing Use) zoning. Located in the heart of Lower Lonsdale, it's the perfect opportunity to create a modern, multi-unit property that caters to the high demand for rental housing in this vibrant area. With its proximity to the bustling Lonsdale corridor, the waterfront Quay, and seamless access to downtown Vancouver via the SeaBus, this property is will attract professionals, families, and outdoor enthusiasts. A thoughtfully designed rebuild could include multiple rental suites, to offer tenants a blend of urban convenience, stunning views, and access to North Shore’s natural beauty. Capitalize on this rare opportunity to create a high-yield investment!!!
Private remarks
Measurements obtained from seller and are approximate, Buyer to verify if important. TENANTED PROPERTY, VALUE IN LAND AND SHOWING UPON ACCEPTED OFFER. Also listed on commercial MLS C8069116 for double exposure.
Buyer agency compensation
3.255% on 1st $100,000; 1.1625% on balance
$2,400,000 ($877/sqft)
Active
Listed
05/12/2025
Expiry date
Original price
Gross taxes (2024)
$7,104.50
Property transfer tax
$50,000.00
Last Updated: 05/12/2025 02:30 PM
Courtesy of Sutton Group - 1st West Realty
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 376 4th Street | R3001546 | 05/12/2025 02:30 PM | 05/12/2025 | Active | $2,400,000 | Login to view | Jess Kuang PREC* | Sutton Group - 1st West Realty |