423-425 E 2nd Street — North Vancouver


$ 2,199,000 FOR SALE MLS# R3167973
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A versatile opportunity offering immediate rental income, vacant possession on one side & redevelopment potential. Side-by-side, 2-level duplex on a 50' x 120' lot with sunny south exposure, city/water views, lane access & exceptionally convenient location. Each side offers 3 beds /2.5 baths, private outdoor space & 2 parking. 423 is rented at $2,300 per month to a long-term tenant; 425 is vacant — creating flexibility for an owner-occupier, extended family, investor, or buyer looking to renovate or reposition the property. For buyers looking further ahead, the property has historically been zoned RG-3 with potential for 4 units. Best to independently confirm current zoning, density & development potential with CNV. Live in one. Rent the other. Hold, renovate or explore what comes next.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms6
Bathrooms6
Living Area3,044 sqft
Lot Area6,000 sqft
Property TypeResidential Income – Duplex
MLS® R3167973
StatusActive
Listing BrokerRoyal LePage Sussex

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed

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Market Overview

Lower Lonsdale · North Vancouver · Townhomes & Attached

Active PropertiesAll ActiveThis Property
Townhomes & Attached61
Median Asking Price $ 1,399,000 $ 2,199,000
Median Price per SqFt $922 $722
Median Days on Market 62
Sold Properties Sep 2026Aug 2026Sep 2025
Townhomes & Attached 3 ▼57.1% 7 7
Median Selling Price $ 1,485,000 ▲2.5% $ 1,350,000 $ 1,449,000
Median Price per SqFt $806 ▼3.0% $876 $831
Median Days on Market 222211
Median Discount Off Ask 2.4%4.8%3.3%
New Listings 141111
Months of Inventory 8.5

At the current sales pace, it would take about 9 months to sell all the homes currently for sale here — a Buyer's market.

SELLER'S
BALANCED
BUYER'S

More homes are for sale than there are buyers, so buyers tend to have more choice and more room to negotiate on price.

What's this?

Months of inventory = the number of homes currently for sale ÷ the average number sold per month recently. As a rule of thumb, under 5 months favours sellers, 5–8 is balanced, and over 8 favours buyers.

Lower Lonsdale: Number of Sales

Lower Lonsdale: Median Sold Price

Lower Lonsdale: Median Sold Price per SqFt

Aggregate market statistics from the MLS® for Lower Lonsdale. Figures are medians and may reflect small sample sizes in a single neighbourhood. Not an appraisal — ask a team member to verify.