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526 – 550 RIVERSIDE Drive
Seymour NV North Vancouver V7H 1V3

$7,800,000
Land Only

Main Photo: 526 - 550 RIVERSIDE Drive in North Vancouver: Seymour NV Land for sale : MLS®# R2849432
Photo 1: 526 - 550 RIVERSIDE Drive in North Vancouver: Seymour NV Land for sale : MLS®# R2849432
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Status:
Active
Prop. Type:
Land Only
MLS® Num:
R2849432
30,000 SF North Vancouver development site. Four lots pre-assembled and now owned by a single owner. Located on Riverside Drive in desirable Maplewood Village. OCP permits townhouse development up to 1.20 FAR density (approx. 36,000 SF) Substantial planning and design work already completed for a 27-unit townhouse project with preliminary feedback/support from District of North Van. Potential for low-rise rental development option. Majority of land value supported by underlying four single family lots, currently tenanted at approx. $10,000/mo. This is an excellent opportunity for a builder to introduce new ground-oriented product on the North Shore with virtually no competitive supply.
Property Type:
Land Only
Taxes:
$0 / 0
Lot Area:
29,468 sq. ft.
Lot Frontage:
250′
Lot Depth:
0.0
Water Supply:
City/Municipal
Title to Land:
Freehold NonStrata
526, 540 & 550 RIVERSIDE. LOT F, BLOCK 44, PLAN VAP3903, DISTRICT LOT 611, GROUP 1, NEW WESTMINSTER LAND DISTRICT, & BLKS 45 & 49** DBL EXPOSURE: ALSO LISTED AS LAND-COMMERCIAL, C8056637 ** ALSO 2194 WINDRIDGE AVENUE** PID: 007-905-805, 007-659-784, 006-317-022
Access to property:
Road Access
Cable Service:
On Property
Natural Gas:
At Lot Line
Electricity:
At Lot Line
Sanitary Sewer:
At Lot Line
Telephone Service:
On Property
Trees:
No
Storm Sewer:
At Lot Line
Potential for Rezoning:
Yes
Sketch Attached:
Yes
Restrictions:
Floor Space Ratio, Subj. to Final Approval
Previous Price:
$8,900,000
Original Price:
$8,900,000
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Listed by Colliers
Data was last updated April 12, 2024 at 11:10 AM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$1,888,000
Min list price:
$75,000
Max list price:
$7,800,000
Avg days on market:
72
Min days on market:
17
Max days on market:
275
These statistics are generated based on the current listing’s property type and located in North Vancouver. Average values are derived using median calculations.
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