A rare opportunity to acquire 12,000 sq.ft of prime land in one of North Vancouver's fastest-growing & most transformative neighbourhoods. Comprised of 4 half-duplex residences, this unique offering presents exceptional holding income with significant long-term redevelopment & assembly potential. Strategically located in the heart of Lower Lonsdale, this property sits within a rapidly evolving urban corridor surrounded by major residential & mixed-use development. Directly across the street, the landmark INNOVA community is reshaping the neighbourhood with hundreds of new homes & retail services, further elevating the area's desirability & investment profile. Potential exists to explore future assembly opportunities with neighbouring properties, creating a larger redevelopment site.
| Structures | Land Only |
|---|
| Price | $7,990,000 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold Strata |
| Utility Type | Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone At Lot Line, Cable At Lot Line |
| Water (WaterSource) | Public |
| Lot Size | 12000 |
|---|---|
| Lot Size Depth | Feet |
| MLS® # | R3131368 |
| Area | North Vancouver |
| Neighbourhood | Lower Lonsdale |
| City | North Vancouver |
| Postal Code | V7L 1G3 |
| Gross Taxes | $21,321.73 |
| Zoning | RM-2 |
| Status | Date | Price |
|---|---|---|
| R3131368 / Active | 06-02-2026 | $7,990,000 |
Listed by: Sutton Group-West Coast Realty
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Schools Near 409-411 417-419 E 3rd Street | |||||
Comparable data is unavailable at the neighbourhood level. City-wide in North Vancouver, similar properties average $4,191,000 across 6 active listings — this listing is 90.6% above the North Vancouver average.
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