Opportunity awaits in the heart of Central Lonsdale. This well-maintained 11-unit, 3-storey building sits on a prime 10,488 sq.ft. corner lot, measuring 75'' x 140''. Originally constructed in 1953, the building received an addition in 1976. It boasts immaculate upgrades & renovations, with unit sizes ranging from spacious 1-bedroom homes of 700 sq.ft. to comfortable 2-bedroom homes of 1,000 sq.ft. This property is ideal for an owner/operator, offering solid rental income & potential for redevelopment with restrictions. Centrally located along the Lonsdale Avenue corridor, Central Lonsdale serves as a vibrant cultural hub, just steps away from a variety of amenities, including Whole Foods Market, beautiful parks for outdoor enthusiasts, Lonsdale Quay, the SeaBus, & Queen Mary Elementary.