Open houseHouse
$1,999,000
409 W KEITH ROAD
North Vancouver10 days on market
MLS® R3170349
1 / 12
5 bed · 5 bath · 4,040 sq ft · 6 parking
Condo · Single Family · built 1971 · 182 days on market
Listed by Stephen Burk, eXp Realty
Realtor's description
ACT NOW!!! BRING OFFERS on this extraordinary offering & opportunity to make money. Upgrade and hold as-is or rezone with CNV to 6 potential PID's in the heart of Lower Lonsdale. Tremendous upside in these 4 rental units with over 4,000 sq.ft. offered at approx. $420/Ft (includes 1,000 sq.ft. of unfinished potential to 6 potential PID´s) for families/investors (currently 1 unique Strata PID) in the heart of Lower Lonsdale. 3 separate, ground floor units features 9.5' concrete ceilings and 1, 2nd floor, south facing, 1 bed/1bath suite currently connected to the main floor south east unit. Walkable access to Lonsdale Quay, Shipyards, SeaBus/transportation trails, parks and schools . Don´t delay. Easy to show. Photos are virtual
Property details
- Type
- Condo, Single Family
- Bedrooms
- 5
- Bathrooms
- 5
- Living area
- 4,040 sq ft
- Parking
- 6
- Year built
- 1971
- Property tax
- $5,072 / yr
- Strata fee
- $2,017 / mo ($0.50 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 182
- MLS®
- R3109945
Features
- Central location
- Private setting
- Pets Allowed With Restrictions
Floor plans
Found among the listing photos.
Monthly cost
$9,838/mo
Mortgage $7,398 · Tax $423 · Strata $2,017
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $3,333/mo
- After all costs
- −$6,807/mo
- Cap rate
- 0.4%
- yearly net rent ÷ price
Costs: mortgage $7,398 · tax $423 · strata $2,017 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ bedroom in North Vancouver (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
North VancouverGoogle Maps ↗
Schools
Catchment schools, North Vancouver School District 44
- Elementary Cloverley Elementaryhomes in this catchment
- Secondary Sutherland Secondaryhomes in this catchment
2.1 km away · 1860 Sutherland Ave, North Vancouver · 604-903-3500
From the North Vancouver School District 44's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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