C$7,500,000

This is a rare opportunity to acquire an approved 100% market rental development site in the highly desirable Lynn Valley neighbourhood of North Vancouver. Approved 6-storey woodframe project with 66 market rental units. Located adjacent Lynn Valley Centre, this will be the first new purpose-built rental development in Lynn Valley in many years and is the first rezoning in the District of North Vancouver to not require below-market rents. No CACs or ACCs payable per approved rezoning and development permit. Can commence construction early 2027. Approvals represent considerable time and cost savings. (id:41202)