238 W 4th Street — North Vancouver


$ 3,298,000 FOR SALE MLS# R3142169
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Rare Lower Lonsdale multifamily opportunity! This meticulously maintained 1991 building offers 5 units, including 3 strata-titled homes—2 with 1-bedroom mortgage helpers. Suite mix: 2×1 bed, 2×2 bed, and a stunning 3 bed penthouse. The three upper units enjoy bright southern cityscape views. Numerous updates: roof (5 yrs), exterior paint (6 yrs), fencing (1 yr), gas fireplaces (3 yrs), hot water tanks (3 yrs), and skylights (3 yrs). Excellent long-term tenants with one 2-bedroom currently ready for you to move in. Walk to shops, dining, transit, and the waterfront. Ideal for investors or multi-generational living.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms9
Bathrooms8
Living Area5,249 sqft
Lot Area7,000 sqft
Property TypeResidential Income – Triplex
Style3 Storey
MLS® R3142169
StatusActive
Listing BrokerHeller Murch Realty

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 $ 3,298,000
Median Price per SqFt $941 $628
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.