246 W 4th St, North Vancouver: Exceptional investment opportunity on a 7,013 sq ft flat lot (50x140 ft) in a prime location. This fourplex generates $75,360/year in rental income and is designated for medium-density development under RT1 zoning and R4A OCP with 1.0 FSR. A letter from the City of North Vancouver confirms rezoning potential for small-scale housing allowing up to 6 units. Buy, hold, and develop. Suite breakdown: #1 – Upper Right, 3 bed, 2 level, 1,700 sf; #2 – Upper Left, 3 bed, 2 level, 1,700 sf, $2,200/mo (2016); #3 – Main Right, 1 bed, 689 sf, $980/mo (2017); #4 – Main Left, 1 bed, 689 sf, $1,900/mo (2024). Some suites have shared laundry. No dishwasher in #1. Developers and investors—don't miss this.





Purchase Type For Sale



Square Footage 5, 080 sqft



Price per Sqft $600



MLS Listing ID R3024387



Style 3 Storey



Bedrooms 8



Full Baths 4



HOA Y/N No



Year Built 1969



Lot Size 6, 969 Sqft



Property Sub-Type Duplex