$1,938,000
About this House
Located in North Vancouver’s coveted Queensbury, this 6,850 sq.ft. flat lot with lane access is a rare find. It aligns perfectly with the new Dec 2025 Ground Oriented Zone (LRN1), allowing for 4 units with a generous 0.85 FSR. The site supports a 3-storey Multiplex development, maximizing ROI under new SSMUH provincial mandates. Beyond development, the property features a charming rancher and a fully renovated detached coach house, ideal for immediate high-yield rental income or multi-generational living. Steps from local cafes and parks, this is a turnkey holding property with massive redevelopment upside. Assessed at $2,244,000 - now priced significantly below for an unbeatable value. Secure this strategic asset while it remains priced well below market value. Act fast.
Listed by Wynn Real Estate Ltd..
Browse PhotosFeatures
- MLS®: R3106401
- Type: House
- Bedrooms: 3
- Bathrooms: 2
- Square Feet: 1,474 sqft
- Lot Size: 6,966 sqft
- Frontage: 50.00 ft
- Full Baths: 2
- Half Baths: 0
- Taxes: $7171.54
- Parking: Carport Multiple, Garage Single, Front Access, L
- Basement: Crawl Space
- Storeys: 1 storeys
- Year Built: 1944
- Style: Rancher/Bungalow
Contact Brian to inquire about this House!
778.829.1105
Photos
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Disclaimer: This
representation is based in whole or in part on data generated by the Chilliwack
& District Real Estate Board, Fraser Valley Real Estate Board or Real Estate
Board of Greater Vancouver which assumes no responsibility for its accuracy.