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 |
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
409-411 417-419 E 3rd Street has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 365.6% above comparable active properties in Lower Lonsdale. The local market is currently a Seller's Market with a sales-to-active ratio of 21.7% and an area average of 27 days on market — buyers are active. With only 397 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7L 1G3, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
Annual avg PM2.5 3.9 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: North Vancouver Mahon Park, North Vancouver (~2 km). Annual avg AQHI 2.1 — Low Risk.
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.
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.
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.
19 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Ridgeway Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance809 m
|
|
St. Alcuin College for the Liberal Arts |
Independent |
Grades ServedK-12
|
Catchment Info—
|
Distance958 m
|
|
St. Thomas Aquinas |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.24 KM
|
|
Braemar Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.39 KM
|
|
St. Edmund's |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance1.46 KM
|
|
Continuing Ed SD 44 |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.67 KM
|
|
North Vancouver Online Learning |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.67 KM
|
|
Brooksbank Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.99 KM
|
|
Sutherland Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
Distance2.16 KM
|
|
Queensbury Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.17 KM
|
|
North Star Montessori Elementary School |
Independent |
Grades ServedK
|
Catchment Info—
|
Distance2.20 KM
|
|
Westview Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.35 KM
|
|
Carson Graham Secondary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.52 KM
|
|
Bodwell High School |
Independent |
Grades Served8-12
|
Catchment Info—
|
Distance2.52 KM
|
|
Tillicum Community Annex |
Public |
Grades ServedK-4
|
Catchment Info—
|
Distance2.66 KM
|
|
Eastview Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.66 KM
|
|
Boundary Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.69 KM
|
|
Lynnmour Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.74 KM
|
|
Holy Trinity School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.90 KM
|
Buy Vs Rent Calculator
Rent vs own
—
Comparable data is unavailable at the neighbourhood level. City-wide in North Vancouver, similar properties average $1,716,000 across 6 active listings — this listing is 365.6% above the North Vancouver average.
Potential Cashback for this listing if you buy with us
to track your cashback progress
Buy with us & save on this property
$10,000,000
Lot 17 Riverside Drive, North Vancouver, BC
$6,950,000
5449 Barker Avenue, Burnaby, BC
$7,370,000
2976 Palmerston Avenue, West Vancouver, BC
$5,950,000
5225 Coombe Lane, Belcarra, BC
$6,998,000
7255 Blenheim Street, Vancouver, BC
$7,634,000
7767 Edmonds Street, Burnaby, BC
$6,500,000
3600 - 3620 No. 6 Road, Richmond, BC
31.0% price reduction
$9,999,999
1135 Salter Street, New Westminster, BC
$5,995,000
6338 Douglas Street, West Vancouver, BC
$5,699,888
2397 Atkins Avenue, Port Coquitlam, BC
$6,076,800
8956 151 Street, Surrey, BC
12.7% price reduction
$6,900,000
18190 92 Avenue, Surrey, BC