EstateBlock Realty

 2916 Lonsdale Ave, North Vancouver, BC - V7N 4H9 for Sale | MLS® C8028816 | Movety

List Price
$11,325,000
Total Bedroom
-
Total Bathrooms
-
Total Floor Area
(Sq.ft)
-
 
Lot Sz ( Sq.ft)
-
Maint. Fee
-
Gross taxes
-
Property Type
Retail
Type of Dwelling
-
Year Built
-
List Date
Oct 31, 2019

Listed by
Cbre Limited



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Property Description

Opportunity to acquire a fully-leased, income producing retail plaza with rental escalations and a mid-long term redevelopment potential! The Subject Property is highly visible and easily accessible in North Vancouver's most prominent retail commercial corridors. The space is being occupied by two well-known & established tenants: a Taekwondo Studio & Daycare Center. Both tenants are signed to brand-new long term net leases with rental escalations throughout the term. In addition, both leases comprise of early termination rights in favour of the landlord. There is excellent holding income with an inherent underlying opportunity for future redevelopment in 8-10 years! The subject Property is 15,000 SF with 7,350 SF of rentable area. The parking included 24 underground and 12 surface-level stalls. Competitively priced at $11,325,000 with a 3.25% cap rate. Please do not disturb tenants.

Property Information

Address
2916 Lonsdale Ave,
List Price
$11,325,000
List Date
Oct 31, 2019

Strata Maint. Fee
-
Gross taxes
-
Total Baths
-
Total Bedrooms
-
Lot Sz (Acres)
-
Lot Sz (Sq.ft)
-
View
No
View - Specify
-
WaterFront
No
Ownership Type
-
Garage
No
Fireplace Features
-
Cooling
No
Property Type
Retail
Type of Dwelling
-
Style of Home
-
Approx Year Built
-
Age
2019
Floor Area Total (Sq.ft)
-
Basement Area
-
Frontage
-
MLS® Number
C8028816
Postal Code
V7N 4H9
Sub-Area Community
Upper Lonsdale
Area
North Vancouver
Province
BC
Zoning
C2
Parking
No
Fireplaces
-
Fireplace Fuel
-
Community Features
-
Listed By

Cbre Limited

MLS Reciprocity 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.


This home is serviced by Carisbrooke Elementary. The property is located 1.42 km from the school. Carisbrooke Elementary has a rating of 8/10. This home is also serviced by Carson Graham Secondary. The home is located 1.73 km from school. Carson Graham Secondary has a rating of 3/10.

The closest elementary independent school with good rating is Holy Trinity School. The School's rating is 10/10 and it is located 0.35 km from 2916 Lonsdale Ave, North Vancouver, BC - V7N 4H9, C8028816.

The closest Secondary Private School with good rating is Collingwood School. The School's rating is 10/10. The school is located 7.21 km from this home for sale.

The closest Skytrain/Railway station is Seabus Station @ Lonsdale Quay on Seabus line in 4.79 km from this home.

This North Vancouver home for sale is in the neighbourhood with a amount of rented dwellings. %18.7 of all dwellings are currently occupied by renters. Average gross rent is $1196 which is High compared to the local average.

2916 Lonsdale Ave, North Vancouver, BC - V7N 4H9,C8028816 is situated in North Vancouver, North Vancouver. 92.0% are Canadian Citizens in this neighbourhood, which is Very high in comparison to local rate.

This 2916 Lonsdale Ave home for sale is located in the neighbourhood where 1% of the population does not know official languages. This is a percentage in comparison to the Metro Vancouver and Fraser Valley average.

The median age of population near the 2916 Lonsdale Ave home for sale 2916 Lonsdale Ave, North Vancouver, BC - V7N 4H9 is 44.0. Which is Average in comparison with the local average.

2916 Lonsdale Ave, North Vancouver property for sale is situated in the area with a percentage of singles, 35.6%.

Average number of families with children near C8028816 is 1.1 which is Average in comparison with British Columbia

MLS Listing for sale C8028816 is in the North Vancouver, North Vancouver where 30.7% of the population are immigrants. It is a Very low number compared to BC average.

The closest daycare without violation is Bella Balloon Childcare Centre. MLS® C8028816 is located in 1.40km from this daycare.

for sale 2916 Lonsdale Ave, North Vancouver, BC - V7N 4H9,C8028816 is situated in Upper Lonsdale in North Vancouver.

The Average Price for this kind of homes is 0.00% than similar homes in the city and 0.00% than similar properties in the neighbourhood.

Maps & Views

Demographics
Crime Rate
Schools
Daycares
Transit
Climate
Places
Close

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. Information regarding school boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school or school system.

School Name Type Grades Avg. Numeracy
Score
Avg. Writing
Score
Avg. Reading
Score
EstateBlock
Rating
Distance
Holy Trinity School Independent K-7 567 654 563 9 0.35 km
Ecole Andre Piolat Public K-11 532 629 537 8 0.85 km
Carisbrooke Elementary Public K-7 537 644 533 9 1.42 km
Braemar Elementary  Public K-7 504 648 518 8 1.42 km
Larson Elementary Public K-7 481 604 492 6 1.64 km
Queensbury Elementary Public K-7 493 610 484 6 2.03 km
Boundary Elementary Public K-7 508 621 511 7 2.31 km
L'ecole Francaise Int'l de Vancouver Independent K-7 602 762 552 10 2.54 km
Vancouver Waldorf Early Childhood School Independent K msk msk msk n/a 3.00 km
Vancouver Waldorf School Independent 01-12 460 673 501 7 3.00 km

Listing Price Comparision

This house

$11,325,000

  North Vancouver
Show Comparables

  Upper Lonsdale
Show Comparables







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