4 bed
2 bath
2,411 sqft
Single Family Residence
Built in 1919
6,098 sqft lot
3 parking
Freehold NonStrata
RS-1 zone
Public remarks
Nestled on a charming, tree-lined street in a quiet and friendly neighborhood, this property offers great convenience—just steps from transit, shopping, theaters, top-rated schools, and hiking trails. Currently generating $4,900/month in rental income, it also has the potential to be divided into two units. The nearly 6,000 SF south-facing lot features a 49' frontage and back lane access, with RS-1 zoning and a prime location less than 400 meters from Lonsdale. This property presents exciting future opportunities for subdivision, a coach house, or higher-density development in line with provincial regulations. A rare chance to secure a high-yield investment with strong returns today and exceptional long-term potential!
Private remarks
The seller makes no representations regarding the house. The buyer should note that all measurements, floor area, lot size, and age are approximate and should be independently verified. Any future development potential must be confirmed with the City of North Vancouver.
Buyer agency compensation
3.22% of the first $100,000 and 1.15% of the balance
$2,150,000 ($891/sqft)
Active
Listed
02/18/2025
Expiry date
Original price
Gross taxes (2024)
$5,917.65
Property transfer tax
$42,500.00
Last Updated: 02/21/2025 11:07 AM
Courtesy of Sincere Real Estate Services
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 221 28th Street | R2967947 | 02/21/2025 11:07 AM | 02/18/2025 | Active | $2,150,000 | Login to view | Reza Nikfard PREC* | Sincere Real Estate Services |
| 221 28th Street | R2824954 | 02/23/2024 06:33 AM | 10/16/2023 | Closed | $1,775,000 | Login to view | RE/MAX Select Realty |
