Description

The Colonial Apartments ' a rare Heritage "A"building in Central Lonsdale, perfect for investors or those who value character and future potential. This three-storey walk-up features six 2 bedroom, 1 bathroom self-contained suites currently rented, with significant upside. While the building would benefit from updates, it is priced to reflect the opportunity to add value and restore a notable piece of North Vancouver's architectural history. Zoned RM-1 (Medium Density), the property allows a 1.6 FSR with potential for an additional 1.0 FSR bonus, creating excellent redevelopment or future density potential. Steps from Whole Foods Market, restaurants, transit, and Lions Gate Hospital.