$1,938,000
3
2
1,474 sqft
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..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of The Valley Group for your convenience.
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.
Features
- 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
Neighbourhood Intelligence by HoodQ
Here is a brief summary of some amenities close to this listing (628 E 7th Street, Queensbury, North Vancouver), such as schools, parks & recreation centres and public transit.
This 3rd party neighbourhood widget is powered by HoodQ, and the accuracy is not guaranteed. Nearby amenities are subject to changes and closures. Buyer to verify all details.
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