1632 MAHON AVENUE, North Vancouver
$1,349,000
This 5,596 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.
Rare opportunity to acquire a prime multiplex/duplex/triplex development property in Central Lonsdale, one of the City of North Vancouver’s most desirable neighbourhoods. Zoned GO, the property offers potential for up to 0.85 FSR. Ideally located in an established neighbourhood just minutes from Lonsdale Avenue, transit, schools, parks, shopping, and amenities. An excellent opportunity for builders and developers looking to capitalize on the demand for well-located multi-family housing in a sought-after North Shore location. The property features a vacant, livable 4-bedroom home, offering flexibility for immediate use or future redevelopment. Buyer to verify development potential with the City.
How this price compares
This lot asks $241 per square foot of lot. That is 5% below the median of $254 across the 182 active lots VanPlex is showing in North Vancouver, and puts it 79 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
- $1,349,000
- Lot size
- 5,596 sqft
- Lot dimensions
- 40 x 139.9
- Frontage
- 40 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1918
- Zoning
- GO
- MLS® area
- Central Lonsdale
- MLS® number
- R3183807
Want the PlexScore and return on equity for this lot? Try PlexPro free for 14 days. Cancel before day 14 and you pay nothing.
Listing data via MLS®. Displayed for information only. Zoning GO stamped from the city record on 2026-11-13.