Ready to move in home with prime development opportunity! Lot is South facing with back lane access! This property has already been rezoned from RS-1 to RS-2 for a subdivision by the City of North Vancouver. With the new multi-housing rezoning already adopted, it will have a potential to build 4 units on 2 lots, with a total area of living space of about 5,700sqft (or keep the original lot and build 4 larger units) and 0.85 FSR (Buyer to verify). As a third option, original plans available to subdivide this 50x134 lot into 2 single family homes with 5 bedrooms (2 bedroom legal suite) including a garage & carport. Current home is livable and is shown in the photos. Prime location walking distance to Lonsdale shops, restaurants, rec centre & great schools.