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Assignment - North Van Building Lot,

476 East 4th Street
North Vancouver, British Columbia V7L 1J5

$1,199,000 CAD

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  • Sub-Area: Lower Lonsdale
  • Style: House/Single Family
  • Area: 860 sqft.
  • Lot Size: 8220 sqft.
  • $/sq ft: $145
  • Beds: 2
  • Baths: 1
  • Taxes: $3,397
  • Year Built: 1942

Description Building Info

Assignment - North Van Building Lot, 476 E 4th, 60 X 137 or 8220 sf (tear down home) oil tank has been removed, zoned FSR1, can build a 3,700 sf home on 3 levels (with basement) + a 700-800 sf laneway home, market rent for basement is $2500/mo and $3000/mo for the laneway home (rental can pay for a $1.4M mortgage) Cost to build is approx. $200/ft X 4400 sf = $880,000. Asking $1,250,000 for the lot. Great opportunity to own $2.1M in real estate for only a $700K mortgage payment of $2800/mo, Assignment of Contract, Completion Aug 30, 2017, orig PP $1.1M, Dep $40K, Call or email for more details at 604-671-7000 [email protected]

General Info

MLS® # N/A
Taxes $3,397 / 2016
Maintenance Fees -
Property Type House/Single Family
Year Built 1942
Fin. Floor Areas 860 sqft
Bedrooms 2
Bathrooms 1
View -
Complex Name -
Concierge # -
Bldg # -
Lot Size 8220 sqft
Listed by Re/Max Crest Realty Westside
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MLS® Disclaimer for BC: 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.

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