Builders & Investors Alert! Exceptional opportunity in the heart of Central Lonsdale! This flat 7,350 sq ft lot, perfectly situated mid-block on quiet East 18th Street, is now zoned RS-1, allowing for the development of up to 6 multi-family units under the City of North Vancouver’s newest zoning bylaws. Whether you're planning a new multi-plex build, holding for future appreciation, or seeking a cash-flowing rental investment, this one checks all the boxes. The well-maintained, Italian-built home has strong holding value. It features 5 bedrooms, 3 bathrooms, and a spacious main level with mountain views. The separate 2-bedroom suite generates significant income, making it an ideal mortgage helper or short-term hold while plans are drawn. Open House Saturday 2 PM To 4 PM June 28, 2025.
Address
342 E 18th Street
List Price
$2,498,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Area
North Vancouver
Sub-Area
Central Lonsdale
Bedrooms
4
Bathrooms
2
Floor Area
2,013 Sq. Ft.
Main Floor Area
1033
Lot Size
7350 Sq. Ft.
Lot Size Dimensions
50 x 147
Lot Size (Acres)
0.17 Ac.
Lot Features
Central Location, Lane Access, Recreation Nearby
Lot Size Units
Square Feet
Total Building Area
2013
Frontage Length
50
Year Built
1961
MLS® Number
R3018953
Listing Brokerage
Royal Pacific Realty Corp.
Basement Area
None
Postal Code
V7L 2X9
Zoning
RS1
Ownership
Freehold NonStrata
Parking
Garage Double
Parking Places (Total)
3
Tax Amount
$6,334.00
Tax Year
2024
Site Influences
Central Location, Lane Access, Private Yard, Recreation Nearby, Shopping Nearby
Community Features
Shopping Nearby
Exterior Features
Private Yard
Interior Features
Storage
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air
Fireplace
Yes
Fireplace Features
Wood Burning
Number of Fireplaces
2
Garage
Yes
Garage Spaces
2
Laundry Features
In Unit
Levels
Two
Number Of Floors In Property
2
View
Yes
View Type
BEAUTIFUL MOUNTAIN
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Open Houses
- June 24, 10:00 AM - 12:00 PM
- June 28, 2:00 PM - 4:00 PM
