628 E 7th Street, North Vancouver

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MLS®: R3106401

$1,938,000

1474 Sq.Ft. 2 Baths 3 Beds 6,966 Lot SqFt 1944 Built $0.00 Maint. fees

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Description

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.

Taxes (2024): $7,171.54