Unique opportunity to acquire both sides of a Duplex in Lower Lonsdale on 6,000 sq ft of land. Opportunity awaits - be it a MULTI-GENERATIONAL family living arrangement or HOLDING PROPERTY on a 50 X 120 with great development potential. Walking distance to vibrant Lower Lonsdale, some nice views, offering a side by side duplex, effectively a 4plex building with 3 beds upstairs & 2 baths on each side. The main floor offers 2 bedroom suites on each side. All have fireplaces. Can be used for income property or redevelop new duplex - your choice. An incredible opportunity that doesn’t come around often. Currently rental income ($113,400 annually).
                
              
            
            
                       Address
                    
                    
                       246 W 5th Street
                    
                  
                            List Price 
                         
                         
                            $2,980,000
                         
                        
                        Property Type
                     
                     
                        Residential Income
                     
                    
                        Type of Dwelling
                     
                     
                        Duplex
                     
                    
                        Structure Type
                     
                     
                        Multi Family
                     
                    
                        Transaction Type
                     
                     
                        Sale
                     
                    
                        Area
                     
                     
                        North Vancouver
                     
                    
                        Sub-Area
                     
                     
                       Lower Lonsdale
                     
                    
                        Bedrooms
                     
                     
                        10
                     
                    
                        Bathrooms
                     
                     
                        6
                     
                    
                        Floor Area
                     
                     
                        4,030 Sq. Ft.
                     
                    
                        Main Floor Area
                     
                     
                        2015
                     
                    
                        Lot Size
                     
                     
                        6000  Sq. Ft.
                     
                    
                        Lot Size (Acres)
                     
                     
                        0.14 Ac.
                     
                    
                          Lot Features
                      
                      
                          Central Location, Private, Recreation Nearby
                      
                  
                          Lot Size Units
                      
                      
                          Square Feet
                      
                  
                          Total Building Area
                      
                      
                          4030
                      
                  
                          Frontage Length
                      
                      
                          50
                      
                  
                        Year Built
                     
                     
                        1977
                     
                    
                        MLS® Number
                     
                     
                        R3047005
                     
                    
                        Listing Brokerage
                     
                     
                      Sutton Group-West Coast Realty
                      
                       
                     
                    
                        Basement Area
                     
                     
                        None
                     
                    
                        Postal Code
                     
                     
                        V7M 1K1
                     
                    
                        Zoning
                     
                     
                        RT-1
                     
                    
                        Ownership
                     
                     
                        Freehold NonStrata
                     
                    
                        Parking
                     
                     
                        Carport Multiple, Lane Access
                     
                    
                        Parking Places (Total)
                     
                     
                        4
                     
                    
                        Tax Amount
                     
                     
                        $8,039.71
                     
                    
                        Tax Year
                     
                     
                        2022
                     
                    
                        Site Influences
                     
                     
                        Central Location, Private, Recreation Nearby, Shopping Nearby
                     
                    
                          Community Features
                      
                      
                          Shopping Nearby
                      
                  
                          Board Or Association
                      
                      
                          Greater Vancouver
                      
                  
                          Heating
                      
                      
                          Yes
                      
                  
                          Heat Type
                      
                      
                          Natural Gas
                      
                  
                          Fireplace
                      
                      
                        Yes
                      
                  
                          Fireplace Features
                      
                      
                          Other
                      
                  
                          Number of Fireplaces
                      
                      
                          4
                      
                  
                          Carport
                      
                      
                          Yes
                      
                  
                          Levels
                      
                      
                          Two
                      
                  
                          Number Of Floors In Property
                      
                      
                          2
                      
                  
                          Security Features
                      
                      
                          No Fire Sprinkler System, No Smoke Detector(s)
                      
                  
                          View
                      
                      
                          Yes
                      
                  
                          View Type
                      
                      
                          SOME CITY VIEW
                      
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