551 E OSBORNE ROAD, North Vancouver
$1,899,000
This 12,200 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.
Attention renovators, builders, and investors! Prime opportunity in highly sought-after Upper Lonsdale, situated on an impressive 12,200 sq ft (100 x 120) flat lot. Rarely do properties of this size & configuration become available, offering exceptional potential to build a custom dream home or hold for future redevelopment. Perfectly positioned in a quiet, family-friendly neighbourhood, this property provides easy access to top-tier schools, parks & outdoor recreation, with Princess Park just a short stroll away. Enjoy the convenience of nearby shopping, restaurants & coffee shops along Lonsdale, all within minutes. The existing home offers holding income or renovation potential while planning your next move. A standout opportunity to secure a prime piece of real estate.
How this price compares
This lot asks $156 per square foot of lot. That is 41% below the median of $264 across the 182 active lots VanPlex is showing in North Vancouver, and puts it 12 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
- $1,899,000
- Lot size
- 12,200 sqft
- Lot dimensions
- 100 x 120
- Frontage
- 100 ft
- Bedrooms
- 4
- Bathrooms
- 1
- Year built
- 1953
- MLS® area
- Upper Lonsdale
- MLS® number
- R3106146
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only.