1632 Mahon Avenue — North Vancouver


$ 1,449,000 FOR SALE MLS# R3172770
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Oakwyn Realty, in association with Lennard Commercial Realty, is pleased to present a rare opportunity to acquire up to two adjacent residential lots in the City of North Vancouver’s highly desirable Central Lonsdale neighbourhood. Ideally suited for multiplex development, the properties offer the potential for up to 1.0 FSR under the current GO zoning. Situated in a well-established community with convenient access to Lonsdale Avenue, transit, schools, parks, and a wide range of amenities, the site offers an attractive infill development opportunity in one of the North Shore’s most sought-after neighbourhoods. With strong demand for well-located multi-family housing and limited development land available, this offering provides an opportunity to create a high-quality residential project.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms
Bathrooms
Living Area
Lot Area5,596 sqft
Property TypeLand
MLS® R3172770
StatusActive
Listing BrokerOakwyn Realty Ltd.

Property History

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

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Market Overview

Central Lonsdale · North Vancouver · All Homes

Active PropertiesAll ActiveThis Property
All Homes214
Median Asking Price $ 1,198,000 $ 1,449,000
Median Price per SqFt $934 –
Median Days on Market 41
Sold Properties Oct 2026Sep 2026Oct 2025
All Homes 5 ▼82.8% 21 29
Median Selling Price $ 910,000 ▲11.0% $ 1,178,000 $ 820,000
Median Price per SqFt $841 ▲0.5% $866 $837
Median Days on Market 782515
Median Discount Off Ask 4.1%2.6%2.9%
New Listings 149322
Months of Inventory 8.4

At the current sales pace, it would take about 8 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.

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.