Terrific opportunity in a prime Lower Lonsdale VIEW location. Available for the 1st time in over 50 years, this rare primarily land-value property offers excellent potential to hold, renovate, or redevelop. Set on the north side of a gently sloping hill, it enjoys sweeping views of Downtown Vancouver & the inner harbour. The 50? x 140? N/S lot w/ lane access offers multiple options: a new single-family home with suite and coach house, or up to FOUR units under recently approved 0.85 FSR zoning. The existing home is in original condition with approx. 1,600 sq ft over two levels, featuring an open living/dining with wrap-around balcony capturing the views. Lower level offers storage, renovation, or suite potential. Includes parking pad and single garage. Close to all amenities.