431 E 2ND STREET

North Vancouver · MLS® R3126491

6 bed · 4 bath · 2,698 sq ft · 3,960 sq ft lot · 2 parking

House · Single Family · built 1919 · 139 days on market

Listed by Donald Watson, Angell, Hasman & Associates Realty Ltd.

Exceptional investment and redevelopment opportunity in the highly desirable Moodyville neighbourhood. This prime south-facing property is ideally located just minutes from the vibrant amenities of Lower Lonsdale, including shops, restaurants, parks, waterfront attractions, and transit. The property currently contains 4 suites, offering strong holding income potential while planning for future redevelopment. Zoned RG-3 with an Official Community Plan designation of Residential Level 4 (1.25 FSR), this site presents excellent future development potential (buyer to verify with the City of North Vancouver). Existing building floor plans are available in the photo package for reference. Property is being sold on an "as is, where is" basis. A fantastic investment, holding property, or future development opportunity in one of North Vancouver´s fastest-evolving and most sought-after communities.

Type: House, Single Family
Bedrooms: 6
Bathrooms: 4
Living area: 2,698 sq ft
Lot: 3,960 sq ft
Parking: 2
Year built: 1919
Property tax: $6,382 / yr
Days on market: 139
MLS®: R3126491

Below typical for the area (-17%)

2026 assessment: $1,844,000 · asking is -2.7%
Price per sq ft: $665 vs $799 median for houses in North Vancouver for sale (327)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

On market 139 days

Listed now: 29 days; median for 328 houses for sale; this one 139 days

Houses in North Vancouver. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, North Vancouver School District 44

Elementary Cloverley Elementaryhomes in this catchment
Secondary Sutherland Secondaryhomes in this catchment
2.3 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.

$8,352/mo

Mortgage $7,821 · Tax $532

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$7,821/ monthly

loan $1,436,000

25-year amortization

down payment20% · $359,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $910,193
property transfer tax: $33,900; BC general rate
cash to close: $392,900; down + PTT
total paid: $2,346,193

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

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