House in Queensbury, North Vancouver

brought to you by Shaun Johnson

Located in North Vancouver’s coveted Queensbury, this 6,850 sq.ft. flat lot with lane access is a rare find. It aligns perfectly with the new Dec 2025 Ground Oriented Zone (LRN1), allowing for 4 units with a generous 0.85 FSR. The site supports a 3-storey Multiplex development, maximizing ROI under new SSMUH provincial mandates. Beyond development, the property features a charming rancher and a fully renovated detached coach house, ideal for immediate high-yield rental income or multi-generational living. Steps from local cafes and parks, this is a turnkey holding property with massive redevelopment upside. Assessed at $2,244,000 - now priced significantly below for an unbeatable value. Secure this strategic asset while it remains priced well below market value. Act fast.

Listed by Wynn Real Estate Ltd..

Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Shaun Johnson for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.