C$2,748,000

A rare infill development opportunity located in the core of Central Lonsdale, North Vancouver. Approximately 7,854 square feet of level, rectangular land currently used as a surface parking lot, provides holding income while future development plans are advanced. Just east of Lonsdale Avenue, the property benefits from excellent walkability, frequent transit service and immediate access to a wide range of neighbourhood amenities including retailers, cafés, restaurants, medical services and civic facilities. The surrounding area has seen significant recent growth with numerous mixed-use and residential high-rise developments, reinforcing Central Lonsdale's role as one of the North Shore's most active and established urban nodes. The property is well suited for a future mixed-use or multi-family development (subject to City of North Vancouver approvals), allowing a purchaser to take advantage of the continued densification and strong housing demand in the area while benefitting from interim parking income (id:41202)