About This Property
Rare Land Assembly Opportunity in Central Lonsdale - Prime for Redevelopment One of six potential neighboring duplex lots assembled in the heart of Central Lonsdale, ideal for larger-scale redevelopment and density play. 1536 features four self-contained rental suites producing multiple income streams and strong cash flow while the site transitions toward higher-density uses. Developers gain a dual-value proposition: stable rental income during the build-phase and long-term upside from intensification in one of North Vancouver's most walkable, amenity-rich neighborhoods, steps from transit, boutique retail, dining, parks, and daily conveniences. Positioned within the City's push for increased density and urban renewal along key corridors, this site offers a compelling opportunity for a multi-family, mixed-use, or transit-oriented project-ready to align with Central Lonsdale's evolution into a vibrant, higher-density urban core. (id:64973)
The asking price of $835 per square foot is slightly above the North Vancouver average, but the property's strong rental income potential and assembly of six potential lots make it a compelling redevelopment opportunity. This property is best suited for experienced developers seeking a stable cash flow during the build phase and long-term upside from increased density in the desirable Central Lonsdale neighborhood.
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