- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- C8068317
- Build. Type:
- Low Rise (2-4 storeys)
- Photos (10)
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A rare chance to acquire a well-maintained 12-unit multifamily rental building located in Lower Lonsdale. This income-producing asset features a solid unit mix of 7 two-bedroom and 5 one-bedroom units. Professionally managed with strong rental history and minimal vacancy, the property currently generates over 25K monthly. Numerous upgrades have been completed, ensuring low maintenance and long-term stability. Located within a designated Residential Level 5 OCP zone, the property offers potential for increased density, with a bonus FSR of up to 2.6. A turn-key income property with future redevelopment potential in one of North Vancouver’s most sought-after rental corridors.
- Sale Type:
- Asset
- Property Type:
- Multi-Family Commercial
- Commercial Type:
- Multi Family
- Construction:
- Mixed
- Num Storeys:
- 4
- Building Type:
- Low Rise (2-4 storeys)
- # Units Total:
- 12
- # Other Units:
- 0
- # of Apartments:
- 0
- # of Studio Apartments:
- 0
- # of Penthouse Apartments:
- 0
- # of Bachelor Apartments:
- 0
- # of 4+ Bedroom Apartments:
- 0
- # of 1 Bedroom Apartments:
- 5
- # of 2 Bedroom Apartments:
- 7
- # of 3 Bedroom Apartments:
- 0
- Year built:
- 1957 (Age: 68)
- Living Area:
- 12,250 sq. ft.
- Title to Land:
- Freehold
- Lot Area:
- 8,276.4 sq. ft.
- Zoning:
- Signup
- Potential to Redevelop:
- 4
- Fencing:
- Signup
- # Of Parking Spaces - Total:
- Signup
- Road Frontage:
- Signup
- Heating:
- Signup
- Electricity:
- No
- Parcel Number:
- 006132171
- Taxes:
- $15,334.7 / 2024
- No
- 1%
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Exterior space -
Doorway to property featuring fence
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View of yard
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Interior space with ornamental molding, a textured wall, a textured ceiling, a wainscoted wall, and a decorative wall
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Living area with a decorative wall and light colored carpet
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Hall featuring a textured wall, a textured ceiling, crown molding, wainscoting, and carpet flooring
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Clothes washing area with a decorative wall, light carpet, a sink, washer and dryer, and cabinet space
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Utility room featuring electric panel
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View of building exterior with fence and uncovered parking
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Property view of water with a view of city
Listed by Wynn Real Estate Ltd.
Data was last updated May 4, 2025 at 10:40 AM (UTC)
- HUI JILLAIN
- LaBoutique Realty
- 1 (403) 8057766
- Contact by Email
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2025 by the Greater Vancouver REALTORS®,
Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
Hui Jillain
LaBoutique Realty
200 6751 Westminster Hwy, Richmond, BC, V7C 4V4