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246 W 4th Street
Lower Lonsdale North Vancouver V7M 1H7

$3,050,000
Residential Income beds: 8 baths: 6.0 5,080 sq. ft. built: 1969

Main Photo: 246 W 4th Street in North Vancouver: Lower Lonsdale Duplex for sale : MLS®# R3024387
Photo 1: 246 W 4th Street in North Vancouver: Lower Lonsdale Duplex for sale : MLS®# R3024387
Photo 2: 246 W 4th Street in North Vancouver: Lower Lonsdale Duplex for sale : MLS®# R3024387
Photo 3: 246 W 4th Street in North Vancouver: Lower Lonsdale Duplex for sale : MLS®# R3024387
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Photo 5: 246 W 4th Street in North Vancouver: Lower Lonsdale Duplex for sale : MLS®# R3024387
Photo 6: 246 W 4th Street in North Vancouver: Lower Lonsdale Duplex for sale : MLS®# R3024387
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Photo 40: 246 W 4th Street in North Vancouver: Lower Lonsdale Duplex for sale : MLS®# R3024387
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
R3024387
Bedrooms:
8
Bathrooms:
6
Year Built:
1969
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.
Property Type:
Residential Income
Dwelling Type:
Duplex
Home Style:
Exterior Entry to Basement, 3 Storey, Three Or More Levels
Ownership:
Freehold NonStrata
Manufactured Type:
Year built:
1969 (Age: 56)
Living Area:
5,080 sq. ft.
Floor Area - Unfinished:
Floor Area - Detached 2nd Residence:
Building Area - Total:
5,080 sq. ft.
Levels:
Three Or More
Rainscreen:
Bedrooms:
8 (Above Grd: 8)
Bathrooms:
6.0 (Full:4/Half:2)
Kitchens:
Rooms:
Taxes:
$10,873.5 / 2024
Lot Area:
7,013.23 sq. ft.
Lot Frontage:
50'
Lot Details:
50 x 140
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
Fenced
Pad Rental:
# or % of Rentals Allowed:
Water Supply:
Plan:
VAP750
Construction Materials:
Frame Wood, Stone (Exterior), Stucco, Vinyl Siding
Foundation:
Basement:
Full Height:
Crawl Height:
Roof:
No. Floor Levels:
3.0
Floor Finish:
Floor Area Fin - Above Grade:
Floor Area Fin - Above Main:
1,680 sq. ft.
Floor Area Fin - Above Main 2:
0 sq. ft.
Floor Area Fin - Main:
1,720 sq. ft.
Floor Area Fin - Below Main:
Floor Area Fin - Below Grade:
Floor Area Fin - Basement:
Floor Area Fin - Total:
5,080 sq. ft.
Heating:
Patio And Porch Features:
Patio
Parking Features:
Carport Multiple, Lane Access
Parking:
Carport Multiple
# Of Parking Spaces - Total:
# Of Covered Spaces:
Parking Total/Covered:
4 / 2
Flood Plain:
Suite:
Laundry In Common Area
Shopping Nearby
No Fire Sprinkler System, Smoke Detector(s)
4
Smoke Detector(s)
Dishwasher, Refrigerator, Laundry In Common Area
Washer/Dryer, Dishwasher, Refrigerator, Stove
Common Area
Floor
Type
Size
Other
Main
Main
Main
Main
Main
Main
Above
Above
Above
Above
Above
Above
Above
Above
Abv Main 2
Abv Main 2
Abv Main 2
Abv Main 2
Abv Main 2
Abv Main 2
Floor
Ensuite
Pieces
Other
Main
Main
Above
Above
Above Main 2
-
Council Approval:
Income Per Annum:
Oper. Expenses:
Net Operating Income:
Age Restrictions:
No
By-Law Infractions:
N
Income as at Date:
Jan 22, 2025
Dist to Public Trans:
Dist to School Bus:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
# Units Total:
4
# 1Bdrm Units:
2
# 3Bdrm Units:
2
Home Owners Association:
No
Previous Price:
Original Price:
Land Lease:
No
Zoning:
Access to property:
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Telephone Service:
Fencing:
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Plumbing Details:
Sketch Attached:
Restrictions:
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    Home floor plan
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    Home floor plan
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    Home floor plan
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    A file
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Floor Plan

Virtual Tour

Listed by RE/MAX Crest Realty
Data was last updated July 12, 2025 at 02:40 AM (UTC)
DOUG WILLIAMS