342 E 18th Street, North Vancouver

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MLS®: R3018953

$2,498,000

2013 Sq.Ft. 2 Baths 4 Beds 7,350 Lot SqFt 1961 Built $0.00 Maint. fees

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Description

Builders & Investors Alert! Exceptional opportunity in the heart of Central Lonsdale! This flat 7,350 sq ft lot, perfectly situated mid-block on quiet East 18th Street, is now zoned RT1 under the City of North Vancouver’s new zoning bylaws. While future potential may allow for up to 6 units, current regulations permit development of up to 2 units. Whether you’re planning a new duplex build, holding for future appreciation, or seeking a cash-flowing rental investment, this property checks all the boxes. The well-maintained, Italian-built home has strong holding value and features 5 bedrooms, 3 bathrooms, and a spacious main level with mountain views. A separate 2-bedroom suite provides significant rental income—ideal as a mortgage helper or short-term hold while plans are drawn.

Taxes (2024): $6,334.00