404 Somerset St, North Vancouver, BC, MLS® R3056725

$3,200,000
Est. Mortgage /mo

8.5% price reduction

$3,200,000
$3,499,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
4 Beds
3 Baths
3 Stories
lot 17391 sqft
4682 sqft
1912 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

404 Somerset St, North Vancouver, BC | MLS® R3056725 Property Details

8.5% price reduction

Historic Estate with Spectacular Views and Endless Potential, Seize a unique opportunity with this one-of-a-kind property—a remarkable 17,000 sqft double lot with sweeping city, mountain, and Lions Gate Bridge views. With two distinct PIDs, the land offers versatile development possibilities, that can preserve and modernize this classic Edwardian masterpiece. This property is a rare find, perfect for builders, developers, and heritage aficionados, offering the chance to reimagine or restore a piece of history in a prime location. Land with such scale, character, and views seldom comes to market—take advantage of this rare gem to build a lasting legacy. All development inquiries to be directed to the CNV. 2 legal lots, 2 PID"s 012-123-838 & 012-123-854. One Civic Address.

General Info

Price $3,200,000
Total Bedrooms 4
Total Bathrooms 1
Half Bathrooms 2
Floor Area Total (sqft) 4682
Lot Size 17391
Lot Size Depth Feet
Lot Size Frontage 157
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1912
Age Of Building 113
Building Type Single Family Residence
Property Type Residential
Stories 3
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3056725
Area North Vancouver
Neighbourhood Upper Lonsdale
City North Vancouver
Gross Taxes $17,223.49
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 2
Heating Type Hot Water, Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Double
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning RS-1
Rental Suites -
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View 1
View Description Panoramic views
Units In Development -
Exterior Features Balcony
Sewer Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Oakwyn Realty Ltd.

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.

Neighborhood Info

Private Schools

Elementary
Holy Trinity School
0.76 km
8.5/10
Excellent
Elementary, Secondary
Vancouver Waldorf School
1.16 km

Closest Transit

Bus Stop
Eastbound E 29 St @ St. Kilda Ave
0.1 km
Skytrain
Seabus Station @ Lonsdale Quay
3.13 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to the charming neighborhood of Upper Lonsdale in North Vancouver, BC!

As we walk through the community, you'll notice the beautiful homes and welcoming atmosphere that make this area so special. Our current listing,

MLS® R3056725

located at

404 Somerset Street

, is a prime example of the perfect blend of comfort, convenience, and community spirit.

Education

Let's start with the schools, a top priority for many families. Just down the road from

404 Somerset Street

, you'll find

Holy Trinity School

, a highly-rated elementary school with an impressive 8.5/10 rating. Families love this area because of the strong educational foundation it provides. For older students,

Vancouver Waldorf School

is just a short drive away, offering a unique and engaging learning experience.

Safety and Crime Rates

When it comes to safety, this neighborhood excels. According to Statistics Canada's 2020 report, the overall crime rate near

404 Somerset Street

is 7,462.69, which is average compared to other Canadian cities. However, it's worth noting that the crime rate has decreased by 4.31% over the past year, making this a very safe community to live in.

Demographics

Let's take a closer look at the demographics of this neighborhood. With 32.9% of residents holding a university certificate or degree, this community values education and personal growth. In contrast, only 10.4% of the population has no certificate or degree, a number that's significantly lower than the average in BC. This suggests a highly educated and driven community.

Transit and Commuting

For those who rely on public transportation, the

Eastbound E 29 St @ St. Kilda Ave

bus station is just a short 0.1 km away from

404 Somerset Street

. Commuting to nearby cities is convenient, with a strong network of buses and major highways nearby.

Lifestyle Amenities

This neighborhood is filled with wonderful lifestyle amenities that make it an ideal place to call home.

Upper Lonsdale

has a mix of parks, beaches, trails, and dog parks that cater to outdoor enthusiasts. You'll also find a variety of shopping malls, grocery stores, restaurants, and coffee shops nearby, ensuring you have everything you need at your fingertips.

Real Estate Context

When it comes to real estate,

404 Somerset Street

is situated in a highly sought-after area. The average dwelling value in this neighborhood is $1,356,394, which is significantly higher than the average in BC. With a high percentage of homeowners (55.6%) and a strong rental market (36.7% of the population are renters), this area is a great option for both buyers and investors.

Additional Insights

To give you a better sense of the community, here are some additional insights: the median household income near

404 Somerset Street

is $91,520, which is above average in BC. The unemployment rate in this area is 4.7%, which is lower than the provincial average. The population density is 3,189.6 people per square kilometer, which is above average.

Get to Know the Community

As we continue to explore this neighborhood, you'll notice that the community is filled with families, with 70.2% of households having children. The average family size is 3, which is above average compared to other areas in BC. The average age of the population is 39.5, which is below average compared to other cities in BC.

Welcome Home!

404 Somerset Street, North Vancouver, BC MLS® R3056725

is a rare opportunity to own a piece of this vibrant community. With its excellent schools, safe and stable neighborhood, and abundance of lifestyle amenities, this property is sure to impress. Contact me today to schedule a viewing and make this house your home!

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $3,200,000
North Vancouver No comparables
Upper Lonsdale No comparables
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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