Exceptional Investment Opportunity: Prime Property with Incredible Development Potential. This outstanding property is situated in a rapidly evolving neighbourhood, recently rezoned for multifamily development to stimulate growth. Just across the street, developers have already demolished numerous homes to make way for contemporary townhouses. Additionally, several adjacent properties are undergoing transformations into multifamily structures, gradually shaping the entire area into a modern, multistory townhouse area. This property is an ideal investment, perfectly positioned to benefit from the ongoing neighbourhood revitalization. Currently, the basement and top floor are leased to exceptional, long-term tenants who are interested in maintaining their residency. The top floor has undergone renovations approximately 15 years ago, enhancing its overall appeal and value. Don't miss out on this prime investment opportunity in a neighbourhood on the verge of a remarkable transformation.
Data was last updated October 12, 2024 at 03:10 AM (UTC)
Area Statistics
Listings on market:
309
Avg list price:
$2,488,000
Min list price:
$379,000
Max list price:
$14,000,000
Avg days on market:
32
Min days on market:
1
Max days on market:
630
Avg price per sq.ft.:
$877.68
These statistics are generated based on the current listing's property type
and located in
North Vancouver. Average values are
derived using median calculations.
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