431 E 2nd Street — North Vancouver


$ 1,795,000 FOR SALE MLS# R3126491
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Exceptional investment & redevelopment opportunity in the highly desirable Moodyville neighbourhood. Prime south-facing property is ideally located in Lower Lonsdale just steps from waterfront, shops, restaurants, parks, and transit. The property currently contains 4 suites, offering strong holding income potential while planning for future redevelopment. Zoned RG-3 with an Official Community Plan designation of Residential Level 4 (1.25 FSR), this site presents excellent future development potential (buyer to verify with the City of North Vancouver). Existing building floor plans are available in the photo package for reference. Property is being sold on an “as is, where is” basis. A fantastic investment or holding property in a rapidly evolving area.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms6
Bathrooms4
Living Area2,698 sqft
Lot Area3,960 sqft
Property TypeResidential – Single Family Residence
MLS® R3126491
StatusActive
Listing BrokerAngell, Hasman & Associates 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

Lower Lonsdale · North Vancouver · All Homes

Active PropertiesAll ActiveThis Property
All Homes220
Median Asking Price $ 1,049,400 $ 1,795,000
Median Price per SqFt $941 $665
Median Days on Market 62
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 4 ▼87.1% 37 31
Median Selling Price $ 1,019,944 ▲13.3% $ 890,000 $ 900,000
Median Price per SqFt $977 ▲16.3% $877 $840
Median Days on Market 471516
Median Discount Off Ask 8.5%3.8%4.1%
New Listings 65441
Months of Inventory 6.3

At the current sales pace, it would take about 6 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.

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.