Seize this outstanding investment opportunity nestled in a prime location! Designated as R4A & zoned RG-3 with an FSR of up to 1.0, this property opens the door to the construction of 4 townhomes, each featuring a lock-off suite – an ideal prospect for developers. The current side-by-side 2-level duplex boasts great long term tenants, 3 bedrooms, 2.5 baths per side & generates an annual gross income of $49,800. Beautiful southern exposure and views of the city & water; lane access, a detached 2-car garage, garden & deck space, and a great walk score. Located just a stone's throw away from Lonsdale Quay and public transit, this property is perfectly situated for both convenience and accessibility. Built just 23 years ago, this property is in good condition. Hold, renovate or build.

Semi-detached located at 423-425 E 2ND STREET. It has 6 beds, 6 bathrooms, and is 3044 square feet. The property was built in 2000. 423-425 E 2ND STREET is in the Lower Lonsdale neighborhood. Queensbury , Lynn Valley , and Windsor Park NV are nearby neighbourhoods.