The Official Community Plan has "APPROVED" a 2 LOT 33'x 130' (READY TO BUILD) Current home requires demolishing to complete subdivision into 2 lots (RS-3)which allows a total of 4 units. The existence of the back lane and accessibility and proximity to transit enhances the chances of building a total of 8 units awaiting t he Provincial Governments announcement on JUNE 30th,2024.The land is assessed by BC Assessment at $$2 ,755,000 . In summary: This property currently offers a home with income (tenants up and down) . Surrounded by lush greenery and in close proximity to schools, parks, Grouse Grind ,and amenities, this location combines the a allure of a tranquil setting with the promise of significant potential in one of North Vancouver's most sought-after neighborhoods.