Property Type: Detached HouseOwnership: Freehold

428 E 7TH STREET

North Vancouver, BC V7L1R9

$1,798,000

3 bed2 bath3 parking1,684 sqftBuilt 1953
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Property Details

Property & Lot

Sub-type
House
Lot size
7,000 square feet
Frontage
50 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,063.49 (2024)

Interior

Basement
Partially finished, Full, Unknown
Heating
Forced air
Fireplace
Yes (2)

Exterior & Lot

View
View

Parking

Total spaces
3 — covered indicated
Features
Garage

Listing Information

MLS®
R3096740
Listed
March 5, 2026
Time on market
On the market for 179 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Rossetti Realty Ltd. · Data source: CREA DDF.

Description

Terrific opportunity in a prime Lower Lonsdale VIEW location. Available for the 1st time in over 50 years, this rare primarily land-value property offers excellent potential to hold, renovate, or redevelop. Set on the north side of a gently sloping hill, it enjoys sweeping views of Downtown Vancouver & the inner harbour. The 50´ x 140´ N/S lot with lane access offers multiple options: a new single-family home with suite and coach house, or up to FOUR units under recently approved 0.85 FSR zoning. The existing home is in original condition with approx. 1,600 square ft over two levels, featuring an open living/dining with wrap-around balcony capturing the views. Lower level offers storage, renovation, or suite potential. Includes parking pad and single garage. Walk to Ridgeway Elementary, shops, transit, and Lonsdale amenities. (id:63159)

Values & Trends

This listing

$1,068/sqft

Building average

No other active listings in this building

North Vancouver average

$894/sqft

281 active listing(s)

Parking: 3 stall(s) includedStorage locker: Not indicated

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.

Detached (House) Market Stats — North Vancouver

Monthly figures from the Fraser Valley Real Estate Board for North Vancouver detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$2,078,200

Jul 2026

Average Sale Price

$2,348,842

Jul 2026

Monthly Sales

55

Jul 2026

Active Listings

323

Jul 2026

Sales-to-Active Ratio

17.0%

Jul 2026

Median Days to Contract

28 days

Jul 2026

MLS® HPI Benchmark Price

$2,368,500
$1,984,000
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

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

26

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

SchoolTypeDistance
Ridgeway ElementaryElementary349 m
St. Alcuin College for the Liberal Arts(Independent)K-12624 m
Queen Mary Community ElementaryElementary1.2 km
St. Edmund's(Independent)Elementary1.4 km
Brooksbank ElementaryElementary1.6 km
Queensbury ElementaryElementary1.7 km
Sutherland SecondarySecondary1.7 km
St. Thomas Aquinas(Independent)Secondary1.7 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

StopTypeDistance
Eastbound E Keith Rd @ St. Davids Ave99 m
Westbound E Keith Rd @ Ridgeway Ave127 m
Eastbound E Keith Rd @ Ridgeway Ave165 m
Eastbound E Keith Rd @ St. Andrews Ave235 m
Westbound E Keith Rd @ Moody Ave287 m

Nearby Places

Restaurants (4)

  • Sansho · 707 Queensbury Avenue536 m
  • BLVD Bistro · 636 Queensbury Avenue565 m
  • V-Nam706 m
  • Sushi Kumo · 180 East 2nd Street750 m

Cafes (2)

  • Goldie's · 279 East 8th Street301 m
  • S'wich Cafe · 644 Queensbury Avenue565 m

Parks (5+)

  • Unnamed186 m
  • Sam Walker Park346 m
  • Unnamed388 m
  • Chief Mathias Joe Park389 m
  • Chief Dan George Park492 m

Pharmacies (1)

  • Northview Compounding Pharmacy · 1100 Lonsdale Avenue799 m

Nearby places data: © OpenStreetMap contributors.

School district: North Vancouver (SD44)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($359,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,438,400.00
Periodic payment — Principal & Interest (monthly)$9,280.07
Additional monthly expenses (strata, tax, utilities, etc.)$589.29
Total monthly cost$9,869.36
Interest paid over 5-yr term$412,249.57
Balance at end of term$1,293,845.45

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$359,600
Stress test qualifying rate8.09%
Payment you must qualify for$11,060.79

Cash Needed at Closing

Minimum down payment$359,600
Estimated BC PTT$33,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$395,060

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.

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