+19 more
$1,399,000
Listed by: Oakwyn Realty Ltd. · MLS®
Prime Central North Van Investment & Future Development Opportunity. This well-located 3-bedroom, 1,307 sq.ft. rancher sits on a 4,026 sq.ft. lot in a highly walkable Central North Vancouver location, just minutes from Phibbs Exchange and an excellent array of shops, restaurants, services, schools and everyday amenities. Currently rented month-to-month, the property offers immediate holding income while providing 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 3 FSR. An excellent opportunity for investors seeking a well-positioned income property with substantial future redevelopment potential in one of North Vancouver's most connected and rapidly evolving neighbourhoods.
MLS® #
R3173494
Status
Active
Type
Residential
Sub-type
Single Family Residence
Style
Rancher/Bungalow
Ownership
Freehold NonStrata
Bedrooms
3
Full Baths
1
Half Baths
1
Living Area
1,307 sqft
Main Floor
1,307 sqft
Lot Size
4,026 sqft
Lot Dimensions
33 x
Frontage
33
Year Built
1981
Age
45 years
Structure
Residential Detached
Parking Stalls
3
Parking Type
Additional Parking, Open, Front Access, Concrete
Taxes
$4,540.05/yr
MLS® Area
Lynnmour
City
North Vancouver
Postal Code
V7J 1E7
Heating
Electric
Lot Features
Central Location, Lane Access, Marina Nearby, Recreation Nearby
Community
Shopping Nearby
Coordinates: 49.307302, -123.031109 · Map data © Google
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Transit-Oriented Area — Tier 2
~260 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.
