Rare Lower Lonsdale multifamily opportunity! This meticulously maintained 1991 building offers 5 units, including 3 strata-titled homes—2 with 1-bedroom mortgage helpers. Suite mix: 2×1 bed, 2×2 bed, and a stunning 3 bed penthouse. The three upper units enjoy bright southern cityscape views. Numerous updates: roof (5 yrs), exterior paint (6 yrs), fencing (1 yr), gas fireplaces (3 yrs), hot water tanks (3 yrs), and skylights (3 yrs). Excellent long-term tenants with one 2-bedroom currently ready for you to move in. Walk to shops, dining, transit, and the waterfront. Ideal for investors or multi-generational living.

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Interior Features	Storage
Fireplace	5
Heating Type	Baseboard, Electric, Natural Gas
Laundry	In Unit
# of Kitchens	5
Foundation	Slab

Exterior Features

Exterior Features	Balcony, Private Yard
View Description	SOUTHERN DOWNTOWN CITYSCAPE
Roof	Asphalt
Structures	Multi Family

Building Details

Price	$3,298,000
Total Bedrooms	9
Total Bathrooms	8
Full Bathrooms	6
Half Bathrooms	2
Floor Area Total (sqft)	5249
Year Built	1991
Age Of Building	35
Building Type	Triplex
Property Type	Residential Income
Architecture Style	3 Storey
Stories	3
Ownership Type	Freehold Strata
Maintenance Fee	0
Community Features	Shopping Nearby
Utility Type	Electricity Connected, Natural Gas Connected
Utility Sewer	Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Carport Multiple, Rear Access
Total Parking Spaces	5
Strata Restrictions	No Restrictions

Lot & Land

Lot Size	7000
Lot Size Frontage	50
MLS^® #	R3142169
Area	North Vancouver
Neighbourhood	Lower Lonsdale
City	North Vancouver
Postal Code	V7M 1H7
Gross Taxes	$13,182.91
Zoning	CD-198

Property Timeline

Status	Date	Price
R3142169 / Active	07-02-2026	$3,298,000
R3119438 / Terminated	05-05-2026	$3,498,000

Rooms

Floor	Type	Dimensions
Main Level	Dining Room	10'10 x 10'10 ft
Main Level	Kitchen	8'4 x 8'4 ft
Main Level	Living Room	16'1 x 16'1 ft
Main Level	Bedroom	11'6 x 11'6 ft
Main Level	Bedroom	10'1 x 10'1 ft
Main Level	Laundry	5'0 x 5'0 ft
Main Level	Dining Room	10'10 x 10'10 ft
Main Level	Kitchen	8'4 x 8'4 ft
Main Level	Living Room	16'1 x 16'1 ft
Main Level	Bedroom	11'6 x 11'6 ft
Main Level	Bedroom	10'1 x 10'1 ft
Main Level	Laundry	5'0 x 5'0 ft
Above Level	Living Room	20'4 x 20'4 ft
Above Level	Dining Room	13'0 x 13'0 ft
Above Level	Kitchen	11'1 x 11'1 ft
Above Level	Primary Bedroom	15'8 x 15'8 ft
Above Level	Bedroom	9'5 x 9'5 ft
Above Level	Bedroom	9'5 x 9'5 ft
Above Level	Laundry	9'2 x 9'2 ft
Below	Kitchen	9'10 x 9'10 ft
Below	Bedroom	10'11 x 10'11 ft
Below	Living Room	14'3 x 14'3 ft
Below	Kitchen	9'10 x 9'10 ft
Below	Bedroom	10'11 x 10'11 ft
Below	Living Room	14'3 x 14'3 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4
Main Level	No	#2
Main Level	No	#4
Main Level	No	#2
Above Level	Yes	#3

Listed by: Heller Murch 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.

Map & Neighbourhood

Private Schools

Elementary
St. Edmund's: Above Average; 0.22 km; 8.5/10
Secondary
St. Thomas Aquinas: Below Average; 0.32 km; 2.9/10

Closest Transit

Bus Stop
Westbound W 3rd St @ Chesterfield Ave: 0.15 km
Skytrain
Seabus Station @ Lonsdale Quay: 0.71 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

44 / 100

Overall sell-speed score

May take longer

—

Price competition grade

No comparable data

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.71 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

7 DOM

Very fast

Lower Lonsdale avg

47 DOM

Average

North Vancouver avg

47 DOM

Slower market

238 W 4th Street has a sell-speed score of 44/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. The local market is currently a Buyer's Market with a sales-to-active ratio of 11.2% and an area average of 47 days on market — buyers have more leverage. With only 223 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V7M 1H7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7M 1H7, 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 days 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.