Seaview Apartments is a 4-storey, wood-frame multifamily rental property located in Lower Lonsdale, one of North Vancouver’s most sought-after urban communities. The asset consists of 30 suites within a highly walkable district featuring immediate connectivity to the Lonsdale Quay SeaBus terminal, providing direct and rapid access to Downtown Vancouver in just 12 minutes. This exceptional transit-oriented location enhances tenant appeal and ensures resilient rental demand.
The property spans a large 17,475 SF site with RM-1 zoning, allowing for medium-density residential use and providing investors with significant long-term potential through future redevelopment. With a permitted density of up to six storeys and a 2.60 FSR, developers can capitalize on the site’s favorable designation, strong market fundamentals, and Vancouver's continued housing demand.
Surrounded by a mix of retail amenities, dining destinations, and scenic waterfront attractions, Seaview Apartments offers both stable cash flow and measurable upside through appreciation and repositioning opportunities. Benefiting from 100% occupancy and located in a thriving neighborhood marked by ongoing redevelopment and strong demographic trends, this property represents a compelling investment in Metro Vancouver’s evolving urban landscape.