Unlock the incredible rental potential with a rebuild designed to maximize returns under the SSMHU (Small Scale Multi-Housing Use) zoning. Located in the heart of Lower Lonsdale, it's the perfect opportunity to create a modern, multi-unit property that caters to the high demand for rental housing in this vibrant area. With its proximity to the bustling Lonsdale corridor, the waterfront Quay, and seamless access to downtown Vancouver via the SeaBus, this property is will attract professionals, families, and outdoor enthusiasts. A thoughtfully designed rebuild could include multiple rental suites, to offer tenants a blend of urban convenience, stunning views, and access to North Shore’s natural beauty. Capitalize on this rare opportunity to create a high-yield investment with existing holding income!!!