357 West 4th Street

Overview

357 West 4^th Street is a clean and well-maintained three-storey plus penthouse apartment building centrally located in North Vancouver’s highly desirable Lower Lonsdale neighbourhood. The 12-suite building was built in 1957 and offers a balanced unit mix with 5 one-bedroom and 7 two-bedroom suites.

The 8,400 SF (70′ × 120′) lot is zoned RM-1 Medium Density Apartment, and designated Residential Level 5 in the City of North Vancouver OCP. The designation allows mid-rise apartment buildings up to 2.6 FSR with density bonuses.

Highlights of the building include surface parking (5 stalls), 2 sets of washer/dryers (leased), immaculate common areas, large suites with many updates and ocean views from the upper level penthouse. The building has had ongoing maintenance over the years including new hot water tanks in 2023, windows partially done in 2022, new boilers in 2021 and new roof in 2018.

Official Community Plan

Residential Level 5 OCP designation envisions mid-rise apartment buildings up to 2.6 FSR including a 1.0 FSR density bonus. There is no charge for bonus density for 100% rental projects.

Location

357 West 4^th Street is located in Lower Lonsdale, on the south side of West 4th Street just east of Forbes Avenue. Located just 2.5 blocks west of Lonsdale Avenue, the property is within close walking distance to Lonsdale Quay, the bustling Shipyards District and Waterfront Park. The Lower Lonsdale location offers convenient access to a range of shops and services, restaurants, breweries, trendy cafes and parks and recreational amenities. Lower Lonsdale benefits from excellent transit connections across the North Shore and Downtown Vancouver.