Multi Family

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748 CHESTERFIELD Avenue
Central Lonsdale North Vancouver V7M 2M6

$4,900,000
Multi-Family Commercial

Main Photo: 748 CHESTERFIELD Avenue in North Vancouver: Central Lonsdale Multi-Family Commercial for sale : MLS®# C8067634
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8067634
Build. Type:
Multiple Tenant/Multi-Plex (5+)
Opportunity awaits in the heart of Central Lonsdale. This well-maintained 11-unit, 3-storey building sits on a prime 10,488 sq.ft. corner lot, measuring 75' x 140'. Originally constructed in 1953, the building received an addition in 1976. It boasts immaculate upgrades & renovations, with unit sizes ranging from spacious 1-bedroom homes of 700 sq.ft. to comfortable 2-bedroom homes of 1,000 sq.ft. This property is ideal for an owner/operator, offering solid rental income & potential for redevelopment with restrictions. Centrally located along the Lonsdale Avenue corridor, Central Lonsdale serves as a vibrant cultural hub, just steps away from a variety of amenities, including Whole Foods Market, beautiful parks for outdoor enthusiasts, Lonsdale Quay, the SeaBus, & Queen Mary Elementary.
Sale Type:
Asset
Construction:
Wood Frame
Building Type:
Multiple Tenant/Multi-Plex (5+)
Name of Complex/Subdivision:
# Other Units:
# of Apartments:
11
# of Bachelor Apartments:
2
# of 1 Bedroom Apartments:
2
# of 2 Bedroom Apartments:
7
Total Floor Area:
10,488 sq. ft.
Lot Area:
10,488 sq. ft.
Lot Depth:
140
Lot Frontage:
75'
Land Use/Zoning:
CD-247
Permitted Use:
Multifamily (5+)
Taxes:
$10,950.33 / 2024
Services Connected:
Electricity, Natural Gas
Water Supply:
Municipal
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
Yes
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 748 CHESTERFIELD Avenue in North Vancouver: Central Lonsdale Multi-Family Commercial for sale : MLS®# C8067634
    Photo 1 of 1

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Listed by Sutton Group-West Coast Realty
Data was last updated March 26, 2025 at 07:10 AM (UTC)
Bruce Long CCIM, FRI, PREC
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