SOLD

507 E 1ST STREET

House/Single Family For Sale in Lower Lonsdale, North Vancouver

$2,688,000
  • 4 Beds
  • 2 Baths
  • 2,378 Sq. Ft.
  • Built 1960

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.

Represented the buyer on this transaction.

Address 507 E 1ST STREET
List Price 2,688,000
Property Type Residential Detached
Type of Dwelling House/Single Family
Style of Home 1 1/2 Storey
Area North Vancouver
Sub-Area Lower Lonsdale
Bedrooms 4
Bathrooms 2
Floor Area 2,378 Sq. Ft.
Lot Size 6000 Sq. Ft.
Year Built 1960
MLS® Number R2144406
Listing Brokerage Sotheby's Int'l Realty Canada
Basement Area Partly Finished
Postal Code V7L 1C1
Tax Amount $3,355.00
Tax Year 2016
Site Influences Recreation Nearby, Shopping Nearby, Central Location
Features ClthWsh/Dryr/Frdg/Stve/DW