2 bed
1 bath
11,529 sqft
Other
Built in 1953
10,488 sqft lot
11 parking
Freehold NonStrata
CD-247 zone
Public remarks
Opportunity awaits in the heart of Central Lonsdale. This well-maintained 11-unit, 3-storey building sits on a prime 10,488 sq.ft. corner lot, measuring 75' x 140'. Originally constructed in 1953, the building received an addition in 1976. It boasts immaculate upgrades & renovations, with unit sizes ranging from spacious 1-bedroom homes of 700 sq.ft. to comfortable 2-bedroom homes of 1,000 sq.ft. This property is ideal for an owner/operator, offering solid rental income & potential for redevelopment with restrictions. Centrally located along the Lonsdale Avenue corridor, Central Lonsdale serves as a vibrant cultural hub, just steps away from a variety of amenities, including Whole Foods Market, beautiful parks for outdoor enthusiasts, Lonsdale Quay, the SeaBus, & Queen Mary Elementary.
Private remarks
Measurements taken from the building plans are approx. and to be verified by buyer if deemed important. Complex includes unauthorized suites. Call Alfonso for further details and information package. Do not disturb the tenants.
Buyer agency compensation
1% of the purchase price
$4,900,000 ($425/sqft)
Active
Listed
03/18/2025
Expiry date
Original price
Gross taxes (2024)
$10,950.33
Property transfer tax
$163,000.00
Last Updated: 03/19/2025 10:34 AM
Courtesy of Sutton Group-West Coast Realty
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 748 Chesterfield Avenue | R2979073 | 03/19/2025 10:34 AM | 03/18/2025 | Active | $4,900,000 | Login to view | Alfonso Pezzente PREC* | Sutton Group-West Coast Realty |