549, 553, & 557 East 3rd Street, North Vancouver
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OCP Designation
Level 5 (4 Storey max)
FSR
1.60
Gross Site Area
Approx. 20,550 SQFT
Dimensions
Approx. 137 feet x 150 feet
Buildable Area
32,880 SQFT (20,550 x 1.60)
CAC
$20 ($13.75 on total BSQFT)
Sale Price
$5,700,000

Development Opportunity

This 20,550 square foot site is designated under the newly adopted Official Community Plan (March 2015) for Residential Level 5 medium density, with consideration to building height to a maximum of 4-storeys. Residential Level 5 medium density allows for a maximum 1.6 FSR. The site dimensions are approximately 137 feet by 150 feet, however a road dedication of approximately 10 to 15 feet from East 3rd Street should be anticipated. All densities are calculated from Gross Site Area.

All application for development will be held until pre-zoning has taken place. $20 CAC’s will apply to all density over existing 0.5 FSR.

 

Location

This premier North Shore development opportunity consists of 3 fully assembled single family parcels from 549 to 557 East 3rd Street, City of North Vancouver. Situated in the Moodyville Neighborhood, this site is adjacent to the Lonsdale Corridor and minutes away from the Lonsdale Quay Market, Sutherland High school and Ridgeway Elementary school. Moodyville Park and the newly expanded Spirit Trail encompass the variety of green space surrounding this Site. Located on the high (South) side of East 3rd Street, future development here will be facing a Southerly slope which will offer views of Moodyville Park and direct access to the Spirit Trail. Transit is located on 3rd Street, which is a major vehicle artery for easy access in and out of Moodyville, and commute time to the Second Narrows is only 3 minutes by car.

Contact
Thomas Trowbridge
thomas@londonpacific.ca
604 349 9921
Ben Williams
bwilliams@londonpacific.ca
604 420 2600 ext 203

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