1632 Mahon Avenue — North Vancouver


$ 1,349,000 FOR SALE MLS# R3183807
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Rare opportunity to acquire a prime multiplex/duplex/triplex development property in Central Lonsdale, one of the City of North Vancouver’s most desirable neighbourhoods. Zoned GO, the property offers potential for up to 0.85 FSR. Ideally located in an established neighbourhood just minutes from Lonsdale Avenue, transit, schools, parks, shopping, and amenities. An excellent opportunity for builders and developers looking to capitalize on the demand for well-located multi-family housing in a sought-after North Shore location. The property features a vacant, livable 4-bedroom home, offering flexibility for immediate use or future redevelopment. Buyer to verify development potential with the City.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms4
Bathrooms2
Living Area886 sqft
Lot Area5,596 sqft
Property TypeResidential – Single Family Residence
MLS® R3183807
StatusActive
Listing BrokerOakwyn Realty Ltd.

Property History

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

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Market Overview

Central Lonsdale · North Vancouver · All Homes

Active PropertiesAll ActiveThis Property
All Homes210
Median Asking Price $ 1,182,000 $ 1,349,000
Median Price per SqFt $925 $1,523
Median Days on Market 50
Sold Properties Nov 2026Oct 2026Nov 2025
All Homes 7 ▼70.8% 34 24
Median Selling Price $ 1,150,000 ▲4.5% $ 1,147,500 $ 1,100,000
Median Price per SqFt $804 ▼7.5% $863 $869
Median Days on Market 581814
Median Discount Off Ask 6.1%2.4%2.6%
New Listings 306122
Months of Inventory 7.4

At the current sales pace, it would take about 7 months to sell all the homes currently for sale here — a Balanced market.

SELLER'S
BALANCED
BUYER'S

Homes for sale and active buyers are fairly evenly matched, so neither side has a clear advantage.

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.

Central Lonsdale: Number of Sales

Central Lonsdale: Median Sold Price

Central Lonsdale: Median Sold Price per SqFt

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