2621 Lonsdale Avenue
2621 Lonsdale Avenue
- 2621 Lonsdale Avenue
- 2621 Lonsdale Avenue
- Zoning
- RM-1
- PID
- 013-287-877
- Property type
- Five-Storey Low-Rise
- Legal description
- LOT A, BLOCK 229, PLAN VAP2969, DISTRICT LOT 545, GROUP 1, NEW WESTMINSTER LAND DISTRICT, OF LOT 2
Macdonald Commercial is proud to present the rare opportunity to acquire an 8,247 sq. ft. rental development site in close proximity to the highly desirable Central Lonsdale neighbourhood of North Vancouver. A development application for a 24-unit rental building has already passed Third Reading. A detailed architectural plan is available for qualified purchasers.
- Proposed 22-unit rental development application already passed Third Reading
- The City of North Vancouver has consistently ranked as one of the lowest vacancy rates in Metro Vancouver with significant upper pressure on rent
- Amenity rich location with walking distance to vibrant retail corridor on Lonsdale Avenue
- Transit friendly with a bus stop right across with multiple bus lines that connects one to Lonsdale Quay and Downtown Vancouver
The subject property is situated on the eastside of Lonsdale Avenuebetween 26th Street East and 27th Street East. Located right off the amenity-rich neighbourhood of Central Lonsdale, the subject property brings residents close to all the best North Vancouver has to offer.
The vibrant retail corridor of Lonsdale Avenue stretches from East 21st Street all the way to East 12th Street and will fulfill anyone’s shopping and dining needs. For leisure and sporting activities, Harry Jerome Community Recreation Centre is less than 3-minute walk away and features gyms, ice arena, 25-metre pool, sauna and whirlpool. For theatre and performing arts, the 660-seat Centennial Theatre is also just a stone throw away.
Most notably, the City is currently redeveloping the Harry Jerome Neighbourhood Lands between East 21st Street and East 23rd Street. Once completed in 2025, the 2-city-block site will deliver additional retail spaces, childcare and a new 1-hectare city park along with a brand new Recreation Centre.
