Unique opportunity to acquire both sides of a Duplex in Lower Lonsdale on 6,000 sq ft of land. Opportunity awaits - be it a MULTI-GENERATIONAL family living arrangement or HOLDING PROPERTY on a 50 X 120 with great development potential. Walking distance to vibrant Lower Lonsdale, some nice views, offering a side by side duplex, effectively a 4plex building with 3 beds upstairs & 2 baths on each side. The main floor offers 2 bedroom suites on each side. All have fireplaces. Can be used for income property or redevelop new duplex - your choice. An incredible opportunity that doesn’t come around often. Currently rental income ($113,400 annually).
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Fireplace | 4 |
| Heating Type | Natural Gas |
| # of Kitchens | 4 |
| Foundation | Slab |
| View Description | SOME CITY VIEW |
|---|---|
| Roof | Asphalt, Torch-On |
| Structures | Multi Family |
| Price | $2,980,000 |
|---|---|
| Total Bedrooms | 10 |
| Total Bathrooms | 6 |
| Full Bathrooms | 6 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 4030 |
| Year Built | 1977 |
| Age Of Building | 49 |
| Building Type | Duplex |
| Property Type | Residential Income |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Community, Electricity Connected, Natural Gas Connected, Water Connected |
| Water (WaterSource) | Public |
| Parking Type | Carport Multiple, Lane Access |
| Total Parking Spaces | 4 |
| Lot Size | 6000 |
|---|---|
| Lot Size Frontage | 50 |
| MLS® # | R3099465 |
| Area | North Vancouver |
| Neighbourhood | Lower Lonsdale |
| City | North Vancouver |
| Postal Code | V7M 1K1 |
| Gross Taxes | $8,039.71 |
| Zoning | RT-1 |
| Status | Date | Price |
|---|---|---|
| R3099465 / Active | 03-12-2026 | $2,980,000 |
| R3047005 / Expired | 09-09-2025 | $2,980,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 17' x 17' ft |
| Main Level | Kitchen | 8' x 8' ft |
| Main Level | Dining Room | 10' x 10' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Primary Bedroom | 13' x 13' ft |
| Main Level | Living Room | 17' x 17' ft |
| Main Level | Kitchen | 8' x 8' ft |
| Main Level | Dining Room | 10' x 10' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Primary Bedroom | 13' x 13' ft |
| Above Level | Living Room | 15' x 15' ft |
| Above Level | Kitchen | 8' x 8' ft |
| Above Level | Dining Room | 10' x 10' ft |
| Above Level | Bedroom | 10' x 10' ft |
| Above Level | Bedroom | 9' x 9' ft |
| Above Level | Primary Bedroom | 11' x 11' ft |
| Above Level | Living Room | 15' x 15' ft |
| Above Level | Kitchen | 8' x 8' ft |
| Above Level | Dining Room | 10' x 10' ft |
| Above Level | Bedroom | 10' x 10' ft |
| Above Level | Bedroom | 9' x 9' ft |
| Above Level | Primary Bedroom | 11' x 11' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Main Level | No | #4 |
| Above Level | No | #4 |
| Above Level | No | #4 |
| Above Level | No | #4 |
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
246 W 5th 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 26.7% and an area average of 28 days on market — buyers are active. With only 86 competing homes currently listed, this property has moderate 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 V7M 1K1, 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 (~0.8 km). Annual avg AQHI 2.1 — Low Risk.
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.
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.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Schools Near 246 W 5th Street | |||||
Comparable data is unavailable at the neighbourhood level. City-wide in North Vancouver, similar properties average $2,460,000 across 2 active listings — this listing is 21.1% above the North Vancouver average.
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