This 6000 sq.ft. property, centrally located in the heart of Lonsdale provides a rare opportunity for a builder/developer. This property has recently been approved for redevelopment. As it stands there is a 3,214 sf historic home which will be revitalized and converted into a duplex with a mortgage helping suite downstairs. The East duplex will be 1924 sq.ft., while West duplex will be 2216 sq.ft including a 666 sq.ft. suite. Additionally a 1028 sq.ft. laneway house has also been approved. Projects like this are difficult to come by. All 3 main units will be stratified, enabling the owner to sell them individually once completed. Live in one unit while enjoying 3 revenue streams, all with easy access, centrally located and with spectacular ocean and city views.

Taxes (2018): $5,187.77




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