1177 E 15TH STREET, North Vancouver
$1,878,000
This 10,990 sqft property in North Vancouver is a detached single-family home on a lot the new rules make suitable for a multiplex. North Vancouver applies the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. Slope and view protection can shape the design more than in flatter cities.
Investor Alert! Best value in Lynn Valley/Westlynn. Situated on a sunny, private 11,000 sq ft (.25 acre) lot, this property offers exceptional income and future potential. The south-facing, fully fenced backyard is ideal for families and entertaining, with generous patio and deck space. Bright living and dining areas with vaulted ceilings overlook a peaceful, park-like setting, plus peek-a-boo southeast views toward SFU. Featuring 5 rooms upstairs and a cozy sunken family room with gas fireplace off the kitchen, plus 4 rooms below. The 4-bedroom suite is ready to generate strong rental income. Just two blocks to Eastview Elementary and minutes to Lynn Valley Shopping Centre. Easy access to Vancouver via the Second Narrows Bridge. A rare opportunity with solid upside!
How this price compares
This lot asks $171 per square foot of lot. That is 35% below the median of $264 across the 182 active lots VanPlex is showing in North Vancouver, and puts it 21 of 182 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $1,878,000
- Lot size
- 10,990 sqft
- Lot dimensions
- 70 x 157
- Frontage
- 70 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1964
- MLS® area
- Westlynn
- MLS® number
- R3142334
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Listing data via MLS®. Displayed for information only.