Exceptional Investment Opportunity: Prime Property with Incredible Development Potential. This outstanding property is situated in a rapidly evolving neighbourhood, recently rezoned for multifamily development to stimulate growth. Just across the street, developers have already demolished numerous homes to make way for contemporary townhouses. Additionally, several adjacent properties are undergoing transformations into multifamily structures, gradually shaping the entire area into a modern, multistory townhouse area. This property is an ideal investment, perfectly positioned to benefit from the ongoing neighbourhood revitalization. Currently, the basement and top floor are leased to exceptional, long-term tenants who are interested in maintaining their residency.
Address
90 ST. DAVIDS AVENUE
List Price
$4,400,000
Property Type
Residential Detached
Type of Dwelling
House/Single Family
Style of Home
2 Storey
Area
North Vancouver
Sub-Area
Lower Lonsdale
Bedrooms
6
Bathrooms
4
Floor Area
2,890 Sq. Ft.
Lot Size
6000 Sq. Ft.
Year Built
1962
MLS® Number
R2747822
Listing Brokerage
RA Realty Alliance Inc.
Basement Area
Full, Fully Finished
Postal Code
V7L 3N6
Zoning
R
Tax Amount
$7,383.00
Tax Year
2022
Site Influences
Central Location, Lane Access, Private Yard, Recreation Nearby, Shopping Nearby
Features
Clothes Washer/Dryer, Dishwasher, Pantry, Refrigerator, Smoke Alarm, Storage Shed, Stove, Wet Bar
Amenities
Garden, Guest Suite, In Suite Laundry, Storage