507 E 1st Street
  • North Vancouver, BC, V7L 1C1

$2,500,000
3 Bed
2 Bath
2378 SqFt
House
Property Description:
Attention builders and investors, this is a huge development opportunity in lower Lonsdale. Recently rezoned to RESIDENTIAL LEVEL 4B WITH A 1.25 FSR (additional density bonuses up to 1.55 FSR may be available), to permit a range of housing types including apartments or townhouses to be built on this lot. This is a prime corner lot on East 1st and St Davids, with city and ocean views from 3rd floors or roof top decks. Existing house in great shape, with updates, fully suited downstairs and easy rental potential. The entire neighbourhood is being redeveloped into a seaside community mix of condos and townhouses with green spaces. Please contact listing agent for additional zoning documents and building information.
Property Overview
Lot Size 50 ft x 120 ft (6000 ft²)
Property Age Built in 1960 (57 yrs old)
Gross Taxes for 2016 $3,355
Area Lower Lonsdale
Sub-Area/Community Lower Lonsdale
Property Type House
Title Freehold NonStrata
Style 1 1/2 Storey
Depth 120
Frontage 50
Listing ID R2114472
Primary Agent Jason Jennings PREC*
Primary Broker Sotheby's International Realty, West Vancouver
Special Features
Features ClthWsh/Dryr/Frdg/Stve/DW
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This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.