Development Opportunity

472 4th Street East, North Vancouver

An unparalleled opportunity to subdivide a superb property into two lots in a highly desirable Lower Lonsdale neighbourhood. A masterfully designed plan with thorough attention to detail inside and out screams potential. The first of its kind, the lot is situated within a block from Moodyville — a major redevelopment area in the very heart of North Vancouver. Surround yourself with easily accessible shopping, dining, entertainment, and convenient access to major transit routes, including a new R2 RapidBus and Sea Bus.

MUNICIPALITY

City of North Vancouver

CURRENT ZONING

RS-1

CURRENT RENTAL INCOME

$4,350 per month

ASKING PRICE

$2,689,800

LOT DIMENSIONS

Frontage along E 4th St: 50 ft (approx.) Depth (north-south): 137 ft

LOT SIZE (APPROX.)

6,850 SF

DEVELOPMENT PLAN

The architectural drawings and survey have been completed in accordance with the city requirements. The rezoning and subdivision process can be started immediately.

DESIGN FEATURES

Approx. 500 SF rooftop with water and Downtown view detached garage with full-height basement storage Option to use the basement suite as 2 bdrm/2 bath unit

PROPOSED HOUSE

Approx. 2,540 SF
2 storey with walk-out basement
4 bdrm/3.5 bath main house
1 bdrm/1 bath basement suite

REQUIRED ZONING

RS-2

SUBDIVISION

2 lots 25 ft x137 ft (3,425 SF) each

Contact the undersigned for more information

YALDA BAHRAMIAN
VANAK™ Realty
604-720-5311
yalda@vanakproperties.com
MOE MOGHADASIAN
VANAK™ Realty
604-219-9744
moe@vanakproperties.com
ART SEROFF PREC*
Rennie & Associates Realty Ltd.
778-223-0033
aseroff@rennie.com