409-411 417-419 E 3RD STREET
North Vancouver, BC V7L1G3
$7,990,000
Property Details
Property & Lot
- Lot size
- 12,000 square feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Strata
- Annual property tax
- $21,321.73 (2025)
Interior
- Fireplace
- None
Listing Information
- MLS®
- R3131368
- Listed
- June 2, 2026
- Time on market
- On the market for 90 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Sutton Group-West Coast Realty · Data source: CREA DDF.
Description
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. (id:63159)
Values & Trends
This listing
—
Building average
—
No other active listings in this building
North Vancouver average
$1,253/sqft
5 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: West Vancouver
16°C
—
Humidity 72%
Wind E calm km/h
Tonight
14°
Tuesday
20°
Tuesday night
15°
Wednesday
19°
Wednesday night
14°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
146,288
(2021 Census)
+5.6% since 2016
Density: 848.1/km²
Dwellings: 63,200
Median household income: $108,300
After-tax: $93,882
Immigrant population: 34.7%
Top countries of origin (% of total population)
- Iran7.8% · 11,435
- United Kingdom4.1% · 5,975
- Philippines3.1% · 4,470
- China1.9% · 2,815
- United States of America1.5% · 2,200
- Korea, South1.4% · 2,065
- South Africa, Republic of0.9% · 1,355
- India0.9% · 1,305
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
19
4/9 categories nearby
Transit
33
5 stop(s) within 800m
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Ridgeway Elementary | Elementary | 810 m |
| St. Alcuin College for the Liberal Arts(Independent) | K-12 | 967 m |
| Queen Mary Community Elementary | Elementary | 1.4 km |
| St. Edmund's(Independent) | Elementary | 1.5 km |
| St. Thomas Aquinas(Independent) | Secondary | 1.8 km |
| Brooksbank Elementary | Elementary | 2.0 km |
| Queensbury Elementary | Elementary | 2.2 km |
| Sutherland Secondary | Secondary | 2.2 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
| Stop | Type | Distance |
|---|---|---|
| Eastbound E 3rd St @ St. Patricks Ave | — | 33 m |
| Westbound E 3rd St @ St. Patricks Ave | — | 106 m |
| Westbound E 3rd St @ Ridgeway Ave | — | 267 m |
| Eastbound E 3rd St @ St. Andrews Ave | — | 292 m |
| Westbound E 3rd St @ St. Andrews Ave | — | 361 m |
Nearby Places
Restaurants (5+)
- V-Nam607 m
- Sushi Kumo · 180 East 2nd Street612 m
- The Gull Bar & Kitchen · 175 East 1st Street647 m
- South Castle Korean Restaurant · 141 East 2nd Street731 m
- Coral Court Szechuan Cuisine · 137 East 2nd Street736 m
Cafes (1)
- Goldie's · 279 East 8th Street683 m
Parks (5+)
- Emerald Park206 m
- Hamersley Park220 m
- Chief Mathias Joe Park245 m
- Derek Inman Park515 m
- Unnamed557 m
Gyms (1)
- Pilates from the Center · 157 East 1st Street687 m
Nearby places data: © OpenStreetMap contributors.
School district: North Vancouver (SD44)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($1,598,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.