Unique Opportunity to acquire single family home in Lower Lonsdale. So many options...live in this free-hold home with lovely outdoor space, hold & collect rental income ($23940 gross), or assemble with adjoining properties(222 & 224 E 3rd)& redevelop. Neighboring properties, 216/224 E 3rd must be sold together with 216 E 3rd. All 3 lots are currently zoned RT-1 & have an OCP Designation of R5 (Medium Density up to 6 stories) with a maximum density of 2.6FSR (1.60 Base with a potential bonus density of 1.0 FSR). Ideally located in close proximity to restaurants and shops on Lower Lonsdale & Lonsdale Quay + walking distance to public transportation routes & the Seabus. Potential for upper floor South facing Vancouver Harbour views in redevelopment. Tenanted property-do not walk on premises.
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.