Prime location in Lower Lonsdale walking distance to Lonsdale Quay, transit, seabus, restaurants, and shopping. Fully rented at approximately $80,000/year, great revenue and holding property! Currently updated with new windows, paint(interior and exterior), flooring, and lights. OCP designates property at Res 3, which allows for potential rezoning, with a FSR of .75 - Townhouses, rowhouses, triplexes. Hold & rent or build new! All showings by appointment only.