• 8 bedrooms
  • 6 bathrooms
  • 5,080 sqft
  • 7,013 lot sqft
  • built in 1969
  • $10,874 taxes in 2024
  • Duplex
  • R3000723
  • Description:
  • 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.
Share on Twitter Email a Friend Email REALTOR® Call REALTOR®

MLS Reciprocity

Listed By: RE/MAX Crest Realty

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.


Royal Pacific Realty Corp.
650 W 41st Ave , Vancouver BC
(604) 266-8989


Full Site