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1949 St. Georges Avenue North Vancouver, British Columbia V7L 4P8

2786 sqft

$5,775,000

An incredible boutique size development opportunity. Developer Alert! Level 5 Medium Density site! Potential opportunity to build a mid rise 5 storey multi-family rental building with a mix of unit sizes. Build, hold and manage or build and sell a wood frame apartment fully tenanted. OCP shows FSR of 1.6 plus a maximum increase of 1.0 for a total of 2.6 FSR considered if public benefits are provided as per Section 2.2 of the OCP. Include 2 rental units at 10% below market and/or a private daycare. This would be very popular asset to own! Great area, only 1 block to Lonsdale. Centrally located, super convenient to stores, public transportation and schools. No need for cars here! (id:44636)

Property Details

MLS® Number C8038408
Property Type Vacant Land

Building

Constructed Date 1981
Fireplace Present No
Size Interior 2786 Sqft

Land

Acreage No
Size Irregular 4564
Size Total 4564 Sqft
Size Total Text 4564 Sqft
Zoning Description Rm-1

https://www.realtor.ca/real-estate/23230739/1949-st-georges-avenue-north-vancouver

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