Cushman & Wakefield with Oakwyn Realty is pleased to present a rare chance to acquire two adjacent residential lots in the City of North Vancouver, ideally suited for a multiplex development of up to 12 units under current GO zoning. Located in the highly desirable Central Lonsdale neighbourhood with excellent access to amenities, transit, and schools, these properties offer developers a prime infill site in one of the North Shore's most sought-after communities. With strong demand for multi-family housing and limited supply of land, this is an exceptional opportunity to create a high-value project in a thriving market.
General Info
Price
$3,750,000
Total Bedrooms
-
Total Bathrooms
-
Half Bathrooms
-
Floor Area Total (sqft)
-
Lot Size
11893
Lot Size Depth
Feet
Lot Size Frontage
85
Basement Features
-
Property Metrics
Year Built
-
Age Of Building
-
Building Type
-
Property Type
Land
Stories
-
Building Features
-
Structures
Land Only
Additional Details
MLS® #
R3085756
Building Name
-
Area
North Vancouver
Neighbourhood
Central Lonsdale
City
North Vancouver
Postal Code
V7M 2S8
Price per Sqft
-
Gross Taxes
$13,686.5
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Community Features
Near Shopping
Fixtures Included
-
Heating & Cooling
Fireplace
-
Utilities
Utility Type
Sanitary Sewer Public, Storm Sewer Available, Electricity Available, Natural Gas Available
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 & Transit Info
Private Schools
Elementary
St. Edmund's
0.65 km
Elementary, Secondary
St. Alcuin College for the Liberal Arts
0.96 km
Closest Transit
Bus Stop
Westbound W 15 St @ Mahon Ave
0.18 km
Skytrain
Seabus Station @ Lonsdale Quay
1.54 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
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes$1,141
Maintenance fee0
Financing 80% of the $3,750,000 asking price over 30 years at 4% results in approximately $15,463/month in total estimated carrying costs, $1,141 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment0%
This listing generates an estimated $8,711/month in rental income, leaving a -$7,025/month cashflow at current carrying costs. Investors targeting break-even would need roughly 60% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$3,750,000
North Vancouver
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Central Lonsdale
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2 comparable Lands are currently active in Central Lonsdale, with a median asking price of $5,916,600. This property is listed 36.6% below the local average and 50.4% above the North Vancouver average.
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
Property FAQs
What are the closest top-rated schools to 1632 Mahon Avenue, North Vancouver, BC?
The closest top-rated schools are St. Edmund's and St. Alcuin College for the Liberal Arts.
Is 1632 Mahon Avenue, North Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 1632 Mahon Avenue, North Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $22,500.
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