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869 CLEMENTS AVENUE, North Vancouver

$1,388,000

This 3,960 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.

A unique opportunity to own land in one of North Vancouver’s best neighbourhoods. With two separate PIDs, this Canyon Heights offering allows you to purchase one lot while another investor acquires0 the other - or secure both for yourself! This includes key environment and engineering work done, and architectural plans (with basement suite) by Inspired Architecture. The 6 bed / 3 bath existing home is move-in ready with recent renovations, including a suite - live or rent while you plan your next step! THIS LISTING REPRESENTS ONE-HALF OF THE ORIGINAL PARCEL AND HAS ITS OWN SEPARATE PID (LOT 5). THE EXISTING BUILDING REMAINS A SINGLE, UNDIVIDED STRUCTURE SITUATED ON THE ORIGINAL LOT. BOTH PIDS (LOT 5 & 6) MMAY BE SOLD WITH LOT 5, PREFERABLY AS PART OF A SINGLE TRANSACTION

How this price compares

This lot asks $351 per square foot of lot. That is 33% above the median of $264 across the 182 active lots VanPlex is showing in North Vancouver, and puts it 143 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
$1,388,000
Lot size
3,960 sqft
Lot dimensions
33 x 120
Frontage
33 ft
Bedrooms
6
Bathrooms
3
Year built
1958
MLS® area
Canyon Heights NV
MLS® number
R3139424

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Listing data via MLS®. Displayed for information only.