423-425 E 2nd Street
North Vancouver
Seize this outstanding investment opportunity nestled in a prime location! Designated as R4A & zoned RG-3 with an FSR of up to 1.0, this property opens the door to the construction of 4 townhomes, each featuring a lock-off suite – an ideal prospect for developers. The current side-by-side 2-level duplex boasts great long term tenants, 3 bedrooms, 2.5 baths per side & generates an annual gross income of $49,800. Beautiful southern exposure and views of the city & water; lane access, a detached 2-car garage, garden & deck space, and a great walk score. Located just a stone's throw away from Lonsdale Quay and public transit, this property is perfectly situated for both convenience and accessibility. Built just 23 years ago, this property is in good condition. Hold, renovate or build.
Features
- ClthWsh
- Dryr
- Frdg
- Stve
- DW
Site Influences
- Central Location
- Lane Access
- Shopping Nearby
| MLS® # | R2826470 |
|---|---|
| Property Type | Multi Family |
| Dwelling Type | Duplex |
| Home Style | |
| Year Built | 2000 |
| Fin. Floor Area | 3044 sqft |
| Finished Levels | 2 |
| Bedrooms | 6 |
| Bathrooms | 6 |
| Full Baths | 4 |
| Half Baths | 2 |
| Taxes | $ 8740 / 2023 |
| Lot Area | 6000 sqft |
| Lot Dimensions | 50.00 × 120 |
| Outdoor Area | Sundeck(s) |
| Water Supply | City/Municipal |
| Maint. Fees | $N/A |
| Heating | Forced Air |
|---|---|
| Construction | Frame - Wood |
| Foundation | |
| Basement | None |
| Roof | Asphalt |
| Floor Finish | Mixed, Tile |
| Fireplace | 0 , |
| Parking | DetachedGrge/Carport,Garage; Double |
| Parking Total/Covered | 2 / 2 |
| Parking Access | Lane,Rear |
| Exterior Finish | Stucco |
| Title to Land | Freehold NonStrata |
| Floor | Type | Dimensions |
|---|---|---|
| Main | Foyer | 6'10 x 4'8 |
| Main | Kitchen | 11'8 x 8'8 |
| Main | Dining Room | 16'0 x 10'5 |
| Main | Living Room | 16'5 x 14'7 |
| Main | Utility | 8'1 x 6'8 |
| Above | Primary Bedroom | 16'3 x 14'7 |
| Above | Bedroom | 10'2 x 9'3 |
| Above | Bedroom | 10'2 x 9'3 |
| Main | Foyer | 6'10 x 4'8 |
| Main | Kitchen | 11'8 x 8'8 |
| Main | Dining Room | 16'0 x 10'5 |
| Main | Living Room | 16'5 x 14'7 |
| Main | Utility | 8'1 x 6'8 |
| Above | Primary Bedroom | 16'3 x 14'7 |
| Above | Bedroom | 10'2 x 9'3 |
| Above | Bedroom | 10'2 x 9'3 |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main | N | 2 |
| Above | Y | 3 |
| Above | N | 4 |
| Main | N | 2 |
| Above | Y | 3 |
| Above | N | 4 |
| MLS® # | R2826470 |
| Beds | 6 |
| Baths | 4 + 2 ½ Baths |
| Size | 3,044 sqft |
| Lot Size | 6,000 SqFt. |
| Lot Dimensions | 50.00 × 120 |
| Built | 2000 |
| Taxes | $8,739.89 in 2023 |
