Acreage
$5,987,000
A rare infill development opportunity located in the core of Central Lonsdale, North Vancouver. Approximately 7,854 square feet of level, rectangular land currently used as a surface parking lot, provides holding income while future development plans are advanced. Just east of Lonsdale Avenue, the property benefits from excellent walkability, frequent transit service and immediate access to a wide range of neighbourhood amenities including retailers, cafĆĀ©s, restaurants, medical services and civic facilities. The surrounding area has seen significant recent growth with numerous mixed-use and residential high-rise developments, reinforcing Central Lonsdale's role as one of the North Shore's most active and established urban nodes. The property is well suited for a future mixed-use or multi-family development (subject to City of North Vancouver approvals), allowing a purchaser to take advantage of the continued densification and strong housing demand in the area while benefitting from interim parking income (id:60626)
Property Details
|
MLS® Number
|
C8074135 |
|
Property Type
|
Vacant Land |
|
Neigbourhood
|
Lower Lynn |
|
Features
|
Lane |
|
Road Type
|
Paved Road |
Building
Land
|
Acreage
|
Yes |
|
Size Irregular
|
7854 |
|
Size Total
|
7854 Ac |
|
Size Total Text
|
7854 Ac |
|
Zoning Description
|
Bm1 |
Utilities
|
Cable
|
At Lot Line |
|
Electricity
|
At Lot Line |
|
Telephone
|
Available |