We found 0 results. View results
Your search results

Greenwood Manor

$ 9,995,000

254 W 3rd Street,
,

add to favorites 
Property Id : 30866
Price: $ 9,995,000
Property Lot Size: 0.41 ac
Year Built: 1973
Units: 30
PID: 007-712-073
Assessed Value: $9,521,000
Zoning: RM-1
Cap Rate: 3.7
Exterior Material: Stucco
Structure Type: Wood
Floors No: 4

About this property

Welcome to Greenwood Manor. Nestled in the heart of Lower Lonsdale, this well-maintained 30-unit apartment building represents a rare investment opportunity in one of North Vancouver’s most desirable rental markets. Built in 1973, the property sits proudly on a 17,988 square foot lot and offers a balanced mix of well-appointed suites, each with its own private balcony or patio. Residents enjoy the convenience of secure ground-level parking for 30 vehicles, plus 4 additional visitor stalls, 30 full-size storage lockers, a laundry room and ample in-suite storage; welcomed additions in a building of this vintage. With excellent access to nearby shops, restaurants, and the Seabus, this asset offers consistent tenant demand and solid income stability. The property’s underlying redevelopment potential; supported by its location within a rapidly evolving multifamily corridor, positions it as an ideal long-term hold with significant upside for investors or developers looking to capitalize on the continued growth of the North Shore rental market.

Amenities and Features

Other Features
Central Location
Entry System
Patio or Balconies
Shared Laundry
Storage in Unit
Storage in Unit
Storage Lockers
Underground Parking

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

Compare Listings

Chris Hayne