Located in North Vancouver’s coveted Queensbury, this 6,850 sq.ft. flat lot with lane access is a rare find. It aligns perfectly with the new Dec 2025 Ground Oriented Zone (LRN1), allowing for 4 units with a generous 0.85 FSR. The site supports a 3-storey Multiplex development, maximizing ROI under new SSMUH provincial mandates. Beyond development, the property features a charming rancher and a fully renovated detached coach house, ideal for immediate high-yield rental income or multi-generational living. Steps from local cafes and parks, this is a turnkey holding property with massive redevelopment upside. Assessed at $2,244,000 - now priced significantly below for an unbeatable value. Secure this strategic asset while it remains priced well below market value. Act fast.
Address
628 E 7th Street
List Price
$1,938,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Rancher/Bungalow
Structure Type
Residential Detached
Transaction Type
Sale
Area
North Vancouver
Sub-Area
Queensbury
Bedrooms
3
Bathrooms
2
Floor Area
1,474 Sq. Ft.
Main Floor Area
1065
Lot Size
6966 Sq. Ft.
Lot Size Dimensions
50 x 139.5
Lot Size (Acres)
0.16 Ac.
Lot Features
Central Location, Lane Access
Lot Size Units
Square Feet
Total Building Area
1474
Frontage Length
50
Year Built
1944
MLS® Number
R3106401
Listing Brokerage
Wynn Real Estate Ltd.
Basement Area
Crawl Space
Postal Code
V7L 1S4
Zoning
SFD
Ownership
Freehold NonStrata
Parking
Carport Multiple, Garage Single, Front Access, Lane Access
Parking Places (Total)
4
Tax Amount
$7,171.54
Tax Year
2024
Site Influences
Balcony, Central Location, Lane Access, Private Yard, Shopping Nearby
Community Features
Shopping Nearby
Exterior Features
Balcony, Private Yard
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Natural Gas
Fireplace
Yes
Fireplace Features
Gas
Number of Fireplaces
1
Garage
Yes
Garage Spaces
1
Carport
Yes
Number Of Floors In Property
1
Window Features
Window Coverings