Legacy Project: 452, 456 & 458 East 1st, North Vancouver

Vacant Land for Sale
Catylist Listing ID: 30396485
Property Subtypes: Multi-Family, Other
Gross Land Area: 12,000 SF
Sale Price: $6,488,000
Unit Price: $540.67 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/19/2019

Overview / Comments

CBRE’s North Shore Specialists, Yashar Khalighi Personal Real Estate Corporation and Lawson Chu are pleased to present 452, 456 & 458 East 1st Street, North Vancouver (the “Site”); a premier mixed-use development opportunity prominently located in Moodyville’s rapidly growing community. This 12,000 square foot site boasts a highly sought-after location with a stunning natural environment surrounded by an array of commercial, residential, and recreational amenities.

The proposal is for a 9-unit townhouse project with preliminary plans supported by the City of North Vancouver. Each townhouse includes one rentable lock-off unit which makes the proposed units more attractive for future purchasers. The Site currently has one detached home and two attached strata homes with current income exceeding $7,000.00 gross per month.

Additional Details

Nearest CMA: Vancouver
Regional District: Greater Vancouver
Parcel ID: 015-080-641; 026-015-234; 026-015-242
Legal Description: Lot 24 block 152 district lot 274 plan 878; strata lots 1 & 2 district lot 274 group 1 new Westminster district strata plan BCS928 together with an interest in the common property in proportion to the unit entitlement of the strata lot as shown on form v

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Photograph of Listing Agent

Yashar Khalighi

CBRE Limited Commercial First Member
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