1949 St. Georges Avenue, North Vancouver

MLS®: R2583391
2786 Sq.Ft. 4 Baths 6 Beds 4,564 Lot SqFt 1981 Built 2,073 $/Square Foot

Description

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!

Taxes (2020): $4,602.82

Features

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