+24 more
$1,499,000
Listed by: Oakwyn Realty Ltd. · MLS®
Prime Central North Vancouver Investment & Future Development Opportunity. This 4-bed, 2,184sf. home with a self-contained 2-bed suite sits on a 4,026 sq.ft. lot just minutes from Phibbs Exchange and an excellent array of shops, restaurants, services and amenities. Currently generating income from two separate month/month tenants, the property offers immediate dual holding income with significant long-term development upside. Located within a Transit-Oriented Area (TOA), the property benefits from future development potential of up to 8 storeys and 3FSR. An excellent opportunity for investors seeking an income-producing property with substantial redevelopment potential in one of North Van's most connected and rapidly evolving neighbourhoods.
MLS® #
R3173497
Status
Active
Type
Residential
Sub-type
Single Family Residence
Ownership
Freehold NonStrata
Bedrooms
4
Full Baths
2
Half Baths
0
Fireplaces
1
Living Area
2,184 sqft
Main Floor
1,112 sqft
Basement
Yes
Lot Size
4,026 sqft
Lot Dimensions
33 x 122
Frontage
33
Year Built
1960
Age
66 years
Structure
Residential Detached
Parking Stalls
4
Parking Type
Additional Parking, Open, Front Access
Taxes
$4,355.07/yr
MLS® Area
Lynnmour
City
North Vancouver
Postal Code
V7J 1E7
Heating
Electric
Fireplace
Wood Burning
Exterior Features
Balcony
Lot Features
Central Location, Lane Access, Recreation Nearby
Community
Shopping Nearby
Coordinates: 49.307312, -123.031276 · Map data © Google
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Transit-Oriented Area — Tier 2
~270 m from Phibbs Exchange bus exchange
Provincial law requires the city to allow at least 3.0 FAR and 8 storeys for residential here — well above typical single-family zoning. Potential land-assembly interest from developers.
Multiplex potential: on a ~374 m² lot, BC’s small-scale housing law requires the municipality to allow at least 4 units (up to 6 near frequent transit), where it applies.
Screening estimate from provincial regulations (TOA station points, B.C. Reg. 263/2023 & 265/2023; small-scale multi-unit housing rules). Distances are straight-line; actual TOA maps are set by municipal bylaw and some parcels (heritage, ALR, exempt areas) are excluded. Confirm with the municipality before relying on it.
Not in the Agricultural Land Reserve.
The listing’s flood plain disclosure is available to registered users. Create a free account or sign in.
ALR from the Agricultural Land Commission via DataBC (point check at the listing’s mapped location). Flood plain is the listing brokerage’s disclosure. Confirm both with the municipality and your lawyer.
Building permit history is currently available for City of Vancouver properties only.
