112 240 Mahon Ave, North Vancouver BC - Apartment/Condo for Sale - MLS# R3089494

188 days on the market
$479,000
Est. Mortgage $2,119/mo
Listing updated:
EstateBlock checked:
Seadale Place
1 Beds
1 Baths
633 sqft
757 $ /sqft
399 $ Maint. fee
1981 built
90.4% price reduction
188 days on the market
$479,000
$4,999,000
Est. $2,119/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 112 240 Mahon Avenue

90.4% price reduction

Welcome to Seadale Place, an amazing opportunity for First-Time Buyers and Investors! This secure, above-ground spacious 1-bedroom unit on the south side features a bright sunny space, offering endless potential for your creative renovation ideas INC insuite laundry. Situated in a highly proactive building with recent upgrades, RAINSCREENED, including new siding, windows, doors, carpeting and balconies with glass railings. Newer laminate floors & almost new appliances ensures long-term peace of mind. Enjoy an unbeatable location just steps from the Seabus, Lonsdale Quay, the Shipyards, Waterfront Park, Spirit Trail, and the finest restaurants, cafes, and brewpubs that Lower Lonsdale has to offer. Pet and rental friendly! Don’t miss your chance to make this space your own!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Heating Type Baseboard, Hot Water
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description Southerly partial water
Structures Multi Family, Residential Attached

Building Details

Price $479,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 633
Year Built 1981
Age Of Building 45
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Trash, Maintenance Grounds, Heat, Hot Water, Management, Snow Removal
Building Name Seadale Place
Ownership Type Freehold Strata
Maintenance Fee $399
Amenities Nearby Trash, Maintenance Grounds, Heat, Hot Water, Management, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Septic Tank, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Single, Underground
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Units In Development 39

Lot & Land

Lot Size Depth Feet
MLS® # R3089494
Area North Vancouver
Neighbourhood Lower Lonsdale
City North Vancouver
Postal Code V7M 3H4
Gross Taxes $1,581.27
Zoning MF
Rooms
Floor Type Dimensions
Main Level Living Room 13'0 x 13'0 ft
Main Level Dining Room 9'4 x 9'4 ft
Main Level Kitchen 7'7 x 7'7 ft
Main Level Bedroom 15'4 x 15'4 ft
Main Level Foyer 10'5 x 10'5 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

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.

Map & Neighbourhood

Private Schools

Elementary
St. Edmund's
Above Average 0.31 km 9.1/10
Elementary, Secondary
St. Alcuin College for the Liberal Arts
1.03 km

Closest Transit

Bus Stop
Eastbound W 3rd St @ Mahon Ave
0.03 km
Skytrain
Seabus Station @ Lonsdale Quay
0.60 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average 36.7%
No Certificate/Degree
Below Average 9.6%
Owner Occupied
Average 66.3%
Employment Rate
Average 59.1%

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

Sell Speed & Competition

79 / 100
Overall sell-speed score
Likely within 1–3 weeks
B+
Price competition grade
Avg comparable: $518,757
Seller's
Market conditions
Seller's market — high demand area
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.60 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How LOWER LONSDALE compares
This property
188 DOM
Slower than area
Lower Lonsdale avg
31 DOM
Average
North Vancouver avg
31 DOM
Faster market

112 240 Mahon Avenue has a sell-speed score of 79/100, placing it in the "Expected to sell within 1–3 weeks" band. The listing is priced 8.3% below comparable active properties in Lower Lonsdale, which is a strong competitive signal. The local market is currently a Seller's Market with a sales-to-active ratio of 21.1% and an area average of 31 days on market — buyers are active. With only 451 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is likely to attract offers within 1–3 weeks.

Climate Risk for V7M 3H4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7M 3H4, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 3.9 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: North Vancouver Mahon Park, North Vancouver (~0.9 km). Annual avg AQHI 2.1 — Low Risk.

Heat Moderate

North Vancouver - City currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.8 °C baseline, ~32.2 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1601 mm (1981–2010 baseline), projected ~1661 mm by the 2050s. Extreme 1-day rainfall: ~53.1 mm baseline, ~59.2 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Restaurants (66 nearby)

  • Boston pizza · 354 m · Restaurant
  • Freshii · 369 m · Restaurant
  • Minemura sushi · 399 m · Restaurant

Shopping (62 nearby)

  • Inblume salon & atelier · 294 m · Hairdresser
  • Hair sense · 331 m · Hairdresser
  • Hair soda · 339 m · Hairdresser

Groceries (21 nearby)

  • Perfecto cafe · 341 m · Bakery
  • Fresh st. market · 388 m · Supermarket
  • Golestan bakery · 411 m · Bakery

Cafes (13 nearby)

  • Bean around the world · 365 m · Cafe
  • High boat cafe and catering · 408 m · Cafe
  • Tim hortons · 483 m · Cafe

Healthcare (9 nearby)

  • Anderson's pharmacy · 405 m · Healthcare
  • Shoppers drug mart · 409 m · Healthcare
  • Balanced health · 495 m · Healthcare

Transit (2 nearby)

  • Seabus station @ lonsdale quay station · 598 m · Transit
  • Bus stop westbound w 15 st @ mahon ave · 777 m · Transit

Gyms (1 nearby)

  • The shipyards skate plaza · 716 m · Gym

Schools NearBy

23 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Braemar Elementary

Public

Grades Served

Catchment Info

7.7 / 10

Distance

44 m

St. Edmund's

Independent

Grades Served

K-7

Catchment Info

8.5 / 10

Distance

310 m

St. Thomas Aquinas

Independent

Grades Served

Catchment Info

2.9 / 10

Distance

519 m

Continuing Ed SD 44

Public

Grades Served

Catchment Info

0

Distance

784 m

North Vancouver Online Learning

Public

Grades Served

Catchment Info

5.8 / 10

Distance

784 m

St. Alcuin College for the Liberal Arts

Independent

Grades Served

K-12

Catchment Info

8.2 / 10

Distance

1.03 KM

Westview Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

1.07 KM

Bodwell High School

Independent

Grades Served

8-12

Catchment Info

0

Distance

1.33 KM

Carson Graham Secondary

Public

Grades Served

Catchment Info

5.9 / 10

Distance

1.51 KM

Ridgeway Elementary School

Public

Grades Served

K-7

Catchment Info

6.4 / 10

Distance

1.55 KM

Queen Mary Community Elementary School

Public

Grades Served

K-7

Catchment Info

4.8 / 10

Distance

1.75 KM

Larson Elementary School

Public

Grades Served

K-7

Catchment Info

5.9 / 10

Distance

2.03 KM

Norgate Community Elementary School

Public

Grades Served

K-7

Catchment Info

5.0 / 10

Distance

2.06 KM

Queensbury Elementary School

Public

Grades Served

K-7

Catchment Info

7.2 / 10

Distance

2.20 KM

Holy Trinity School

Independent

Grades Served

K-7

Catchment Info

8.5 / 10

Distance

2.25 KM

Boundary Elementary

Public

Grades Served

Catchment Info

8.8 / 10

Distance

2.29 KM

Capilano Elementary School

Public

Grades Served

K-7

Catchment Info

7.8 / 10

Distance

2.31 KM

Andre-Piolat

Public

Grades Served

Catchment Info

8.2 / 10

Distance

2.44 KM

Sutherland Secondary School

Public

Grades Served

8-12

Catchment Info

6.3 / 10

Distance

2.46 KM

Saplings Nature School

Independent

Grades Served

Catchment Info

0

Distance

2.69 KM

Brooksbank Elementary School

Public

Grades Served

K-7

Catchment Info

6.7 / 10

Distance

2.71 KM

Mountainside Secondary School

Public

Grades Served

9-12

Catchment Info

4.5 / 10

Distance

2.73 KM

Highlands Elementary School

Public

Grades Served

K-7

Catchment Info

8.1 / 10

Distance

2.74 KM

Walkability & Transit Near 112 240 Mahon Avenue

Walk Score Badge
Car-Dependent 94

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 63

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
73

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 112 240 Mahon Avenue

/month
Principal & Interest
Property Taxes $132
Maintenance fee 0
Financing 80% of the $479,000 asking price over 30 years at 4% results in approximately $2,360/month in total estimated carrying costs, $132 property tax, $399 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $1,838/month in rental income, leaving a -$577/month cashflow at current carrying costs. Investors targeting break-even would need roughly 46% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 112 240 Mahon Avenue, North Vancouver

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Lower Lonsdale, North Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $479,000
North Vancouver Loading...
Lower Lonsdale Loading...

Based on 18 comparable active apartments/condos in Lower Lonsdale, the average asking price is $522,400. This listing is priced 8.3% below the neighbourhood average. This property is flagged as a Hot Deal (90.4% price reduction) based on its competitive pricing and market demand.

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

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 112 240 Mahon Avenue

Walk Score Badge
Car-Dependent 94

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 63

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
73

Bike Score - Very Bikeable

Biking is convenient for most trips

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