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
2 events 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 $ 1,795,000
Median Price per SqFt $951 $665
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.