2400 Western Avenue
North Vancouver, BC
FOR SALE
Property Overview
- Address 2400 Western Avenue, North Vancouver, BC
- PID 032-507-291
- Lot Size 14,117 sf (0.32 acres)
- Zoning CD-766
- OCP Residential Level 4
- Asking Price $4,800,000 (Partnership & acquisition opportunities considered)
Opportunity
Avison Young is pleased to present a development and partnership opportunity at 2400 Western Avenue, a 14,117-sf site in Central Lonsdale, North Vancouver.
The Property has planning and permit approvals in place for an 18-home development under existing CD-766 zoning and is ideally located steps from Lonsdale Avenue and nearby amenities.
Ownership is primarily seeking a development or capital partner, while remaining open to an outright sale. A partner may proceed with the approved 18-home scheme, explore value-engineering opportunities, or consider alternative redevelopment through a new rezoning process.
Investment Highlights
FULLY APPROVED 18-HOME DEVELOPMENT - Planning and permit approvals in place under existing CD-766 zoning
DEVELOPMENT & CAPITAL PARTNERSHIP - Ownership is seeking a development or capital partner to advance the project
IMMEDIATE EXECUTION POTENTIAL - Significant entitlement, design, engineering and municipal work already completed
ADVANCED PERMITTING - Demolition and tree removal permits secured; building permit pending final revisions
FLEXIBLE DEVELOPMENT STRATEGY - Proceed with the approved scheme, explore value-engineering opportunities, or consider an alternative redevelopment concept through a new rezoning
PREMIER CENTRAL LONSDALE LOCATION - Convenient access to shopping, dining, recreation, transit and North Shore amenities
OUTRIGHT ACQUISITION OPTION - Ownership will also consider proposals for an outright acquisition of the Property
