$7,990,000

409-411 - E 417-419 3rd Street, North Vancouver, BC V7L 1G3

MLS® R3131368

Description

A rare opportunity to acquire 12,000 sq.ft of prime land in one of North Vancouver's fastest-growing & most transformative neighbourhoods. Comprised of 4 half-duplex residences, this unique offering presents exceptional holding income with significant long-term redevelopment & assembly potential. Strategically located in the heart of Lower Lonsdale, this property sits within a rapidly evolving urban corridor surrounded by major residential & mixed-use development. Directly across the street, the landmark INNOVA community is reshaping the neighbourhood with hundreds of new homes & retail services, further elevating the area's desirability & investment profile. Potential exists to explore future assembly opportunities with neighbouring properties, creating a larger redevelopment site.

Property

Property type

Land

Structure

Land Only

Ownership

Freehold Strata

Common interest

Condominium

Lot and parking

Lot size

12,000 sq ft

Strata and restrictions

Strata fee

Yes

Age restriction

No

Costs

Annual property tax

$21,322

Tax year

2,025

Land lease

No

Location

Area

North Vancouver

Neighbourhood

Lower Lonsdale

Waterfront

No