A versatile opportunity offering immediate rental income, vacant possession on one side & redevelopment potential. Side-by-side, 2-level duplex on a 50' x 120' lot with sunny south exposure, city/water views, lane access & exceptionally convenient location. Each side offers 3 beds /2.5 baths, private outdoor space & 2 parking. 423 is rented at $2,300 per month to a long-term tenant; 425 is vacant — creating flexibility for an owner-occupier, extended family, investor, or buyer looking to renovate or reposition the property. For buyers looking further ahead, the property has historically been zoned RG-3 with potential for 4 units. Best to independently confirm current zoning, density & development potential with CNV. Live in one. Rent the other. Hold, renovate or explore what comes next.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Fireplace | 2 |
| Heating Type | Forced Air, Natural Gas |
| # of Kitchens | 2 |
| Flooring | Mixed, Tile |
| Foundation | Concrete Perimeter |
| View Description | Peek-a-boo City and waterview |
|---|---|
| Roof | Asphalt |
| Structures | Multi Family |
| Price | $2,199,000 |
|---|---|
| Total Bedrooms | 6 |
| Total Bathrooms | 6 |
| Full Bathrooms | 4 |
| Half Bathrooms | 2 |
| Floor Area Total (sqft) | 3044 |
| Year Built | 2000 |
| Age Of Building | 26 |
| Building Type | Duplex |
| Property Type | Residential Income |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Additional Parking, Garage Double, Lane Access, Rear Access, Asphalt |
| Total Parking Spaces | 4 |
| Rental Suites | None |
| Lot Size | 6000 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 50 |
| MLS® # | R3167973 |
| Area | North Vancouver |
| Neighbourhood | Lower Lonsdale |
| City | North Vancouver |
| Postal Code | V7L 1C9 |
| Gross Taxes | $9,954 |
| Zoning | RG3 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Foyer | 6'10 x 6'10 ft |
| Main Level | Kitchen | 11'8 x 11'8 ft |
| Main Level | Eating Area | 16' x 16' ft |
| Main Level | Laundry | 8'1 x 8'1 ft |
| Main Level | Living Room | 16'5 x 16'5 ft |
| Above Level | Primary Bedroom | 16'3 x 16'3 ft |
| Above Level | Bedroom | 10'2 x 10'2 ft |
| Above Level | Bedroom | 10'2 x 10'2 ft |
| Main Level | Foyer | 6'10 x 6'10 ft |
| Main Level | Kitchen | 11'8 x 11'8 ft |
| Main Level | Eating Area | 16' x 16' ft |
| Main Level | Living Room | 16'5 x 16'5 ft |
| Main Level | Laundry | 8'1 x 8'1 ft |
| Above Level | Primary Bedroom | 16'3 x 16'3 ft |
| Above Level | Bedroom | 10'2 x 10'2 ft |
| Above Level | Bedroom | 10'2 x 10'2 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #2 |
| Above Level | Yes | #3 |
| Above Level | No | #4 |
| Main Level | No | #2 |
| Above Level | Yes | #3 |
Listed by: Royal LePage Sussex
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
423-425 E 2nd Street has a sell-speed score of 68/100, placing it in the "Expected to sell within weeks" band. The listing is has limited comparable pricing data available. The local market is currently a Seller's Market with a sales-to-active ratio of 21.2% and an area average of 39 days on market — buyers are active. With only 137 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7L 1C9, 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 (~2.1 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—
|
Distance914 m
|
|
St. Alcuin College for the Liberal Arts |
Independent |
Grades ServedK-12
|
Catchment Info—
|
Distance1.05 KM
|
|
St. Thomas Aquinas |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.30 KM
|
|
Braemar Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.41 KM
|
|
St. Edmund's |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance1.50 KM
|
|
Continuing Ed SD 44 |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.74 KM
|
|
North Vancouver Online Learning |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.74 KM
|
|
Brooksbank Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.08 KM
|
|
North Star Montessori Elementary School |
Independent |
Grades ServedK
|
Catchment Info—
|
Distance2.26 KM
|
|
Sutherland Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
Distance2.26 KM
|
|
Queensbury Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.27 KM
|
|
Westview Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.39 KM
|
|
Bodwell High School |
Independent |
Grades Served8-12
|
Catchment Info—
|
Distance2.51 KM
|
|
Tillicum Community Annex |
Public |
Grades ServedK-4
|
Catchment Info—
|
Distance2.59 KM
|
|
Carson Graham Secondary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.59 KM
|
|
Eastview Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.76 KM
|
|
Boundary Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.78 KM
|
|
Lynnmour Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.80 KM
|
|
Holy Trinity School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.99 KM
|
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