Available for the first time in over 50 years, this is a rare primarily land-value opportunity offering excellent potential to hold, renovate, or redevelop. Set in a seldom-available location on the north side of a gently sloping hill in Lower Lonsdale, the property enjoys sweeping views of Downtown Vancouver and the inner harbour.

The North/South-oriented 50’ x 140’ lot features lane access and is situated within the City of North Vancouver. This versatile property presents multiple options: move in and update, invest and hold, or redevelop. Redevelopment opportunities include a new single-family home with a suite and coach house, or taking advantage of recently approved higher-density zoning that allows for up to four units with a 0.85 FSR.

The existing home is in original condition and offers approximately 1,600 sq ft over two levels. The main floor includes two bedrooms, one bathroom, and a spacious open-plan living and dining area with sliding doors to a wrap-around balcony—an ideal spot to take in the city and harbour views. The lower level previously accommodated a suite and is currently best suited for storage, though it offers solid potential for renovation.

The property includes front access to a parking pad along with access to a single garage.

Ideally located within walking distance to Ridgeway Elementary School, close to Queensbury-area shops, transit, and with easy access to all Lonsdale amenities, this is a truly flexible offering in a highly desirable neighbourhood.

A compelling Lower Lonsdale property combining exceptional location, and outstanding future potential.