Incredible development opportunity! The entire neighborhood has recently been rezoned to allow multifamily development. This outstanding property is situated in a rapidly evolving neighborhood with new multifamily buildings all around. It is an ideal investment, perfectly positioned to benefit from the ongoing neighborhood revitalization. The property has been well taken care of and the whole existing home, main and below are currently rented to great tenants which brings in good income. It is centrally located with views of city and water, close to Lonsdale Quay and public transit, sea bus to downtown Vancouver, good schools, cafe's and restaurants near by. Don't miss it! Please call for your appointment.
| Address | 478 E 1ST STREET |
| List Price | $2,830,000 |
| Property Type | Residential Detached |
| Type of Dwelling | House/Single Family |
| Style of Home | 2 Storey |
| Area | North Vancouver |
| Sub-Area | Lower Lonsdale |
| Bedrooms | 7 |
| Bathrooms | 4 |
| Floor Area | 1,838 Sq. Ft. |
| Lot Size | 6005 Sq. Ft. |
| Year Built | 1958 |
| MLS® Number | R2877787 |
| Listing Brokerage | Regent Park Realty Inc. | RA Realty Alliance Inc. |
| Basement Area | None |
| Postal Code | V7L 1B7 |
| Zoning | RG-3 |
| Tax Amount | $8,458 |
| Tax Year | 2023 |
| Features | ClthWsh/Dryr/Frdg/Stve/DW |