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5
Beds
3
Baths
2,700
Sq. Ft.
$2,888,000
List Price
1087 Prospect Ave, North Vancouver District municipality, BC - 1 of 3
1087 Prospect Ave, North Vancouver District municipality, BC - 2 of 3
1087 Prospect Ave, North Vancouver District municipality, BC - 3 of 3
New
24 days on market

Quick Summary

  • Approved 2-lot subdivision with 33'x130' lots
  • Existing home requires demolition for subdivision
  • Zoning allows up to 4 units on the property
  • Accessible back lane and proximity to transit
  • Potential for 8 units pending government approval
  • Assessed value of $2,755,000 by BC Assessment
  • Current home offers income from tenants
  • Surrounded by lush greenery and amenities

The Official Community Plan has "APPROVED" a 2 LOT 33'x 130' (READY TO BUILD) Current home requires demolishing to complete subdivision into 2 lots (RS-3)which allows a total of 4 units. The existence of the back lane and accessibility and proximity to transit enhances the chances of building a total of 8 units awaiting t he Provincial... Show More

The Official Community Plan has "APPROVED" a 2 LOT 33'x 130' (READY TO BUILD) Current home requires demolishing to complete subdivision into 2 lots (RS-3)which allows a total of 4 units. The existence of the back lane and accessibility and proximity to transit enhances the chances of building a total of 8 units awaiting t he Provincial Governments announcement on JUNE 30th,2024.The land is assessed by BC Assessment at $$2 ,755,000 . In summary: This property currently offers a home with income (tenants up and down) . Surrounded by lush greenery and in close proximity to schools, parks, Grouse Grind ,and amenities, this location combines the a allure of a tranquil setting with the promise of significant potential in one of North Vancouver's most sought-after neighborhoods. (id:54626)

Property Details

Size

2,700 sq. ft.
5 Beds
3 Baths
3 Full

Parking

4 Parking Spaces
Carport

Build

Year Built
1958
Model Name
-
Basement
-
Exterior
-
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
-
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
R2880773
Last Updated
May 14, 2024
Brokerage
Royal LePage Sussex
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