428 E 7th Street — North Vancouver


$ 1,798,000 FOR SALE MLS# R3096740
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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 w/ 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 sq 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. Close to all amenities.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms3
Bathrooms2
Living Area1,684 sqft
Lot Area7,000 sqft
Property TypeResidential – Single Family Residence
MLS® R3096740
StatusActive
Listing BrokerRossetti Realty Ltd.

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
1 event on record for this property

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Market Overview

Lower Lonsdale · North Vancouver · All Homes

Active PropertiesAll ActiveThis Property
All Homes178
Median Asking Price $ 1,073,500 $ 1,798,000
Median Price per SqFt $951 $1,068
Median Days on Market 46
Sold Properties Aug 2026Jul 2026Aug 2025
All Homes 1 ▼96.4% 2 28
Median Selling Price $ 580,000 ▼38.5% $ 1,184,500 $ 942,500
Median Price per SqFt $861 ▼3.4% $902 $891
Median Days on Market 132716
Median Discount Off Ask 3.3%7.5%2.2%
New Listings 30616
Months of Inventory 10.5

At the current sales pace, it would take about 11 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.