Development Opportunity

OFFERING FOR SALE – This 82,200 square foot site is designated under the current new Official Community Plan for LEVEL 4B medium density townhouse. Bylaws yet to be established but a density ceiling has been set at 1.25 FSR. Site dimensions are approximately 137 feet by 600 feet. Townhouse development design guidelines will incorporate 3 levels above grade in either traditional row or stacked townhouse form over an underground parkade.

The Official Community Plan has been adopted as of March 2015. Lower East 3rd Street implementation policy to follow immediately with draft report in October. $20 CAC’s will apply to all density over existing 0.5 FSR.

Location

This premier North Shore development opportunity consists of 12 fully assembled single family parcels from 504 to 552 East 2nd Street and 205 Ridgeway Ave, 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 (North) side of East 2nd Street, future development here will be facing a Southerly slope which will offer sweeping views of Downtown Vancouver and the Burrard Inlet. Transit is located within 50 meters of the site, East 3rd Street 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.