Land Value only, 26.4% price reduction, 46.57% cheaper than comparables
Attention investors, builders, or renovators! Terrific opportunity in a convenient Central Lonsdale location. Primarily land value for a 50’ x 114’ CNV lot with R2 zoning under the OCP allowing for up to 0.5 FSR and ‘duplexes with secondary suites, triplexes, and row homes.’ The property contains an approximately 2,700 sq/ft house being sold ‘as is, where is’ (sq/ft from BC Assessment). The lot is North/South oriented and includes lane access and a large garage/workshop. Situated with McDougall Gym and North Vancouver Lawn Bowling across the street, and just steps to the soon to be completed Harry Jerome Community Recreation Centre. In the Queensbury Elementary and Sutherland Secondary catchments. Enjoy all Central Lonsdale amenities close by.
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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Private Schools
Closest Transit
Welcome to this stunning property located at 234 E 24th Street in the heart of North Vancouver, BC V7L 3E7. As we walk through the community, I'm excited to share with you the many highlights and insider details that make this neighborhood so special.
Let's start with the schools. There are some excellent options nearby, including Holy Trinity School, which is just a 0.56 km walk from this property and boasts an impressive rating of 8.5/10. Families love this area because of its strong sense of community and excellent educational opportunities. Another nearby option is Vancouver Waldorf School, which is a 1.52 km drive and offers a unique and holistic approach to education.
Now, let's talk about safety. According to the latest statistics from Statistics Canada (2020), this neighborhood has a relatively low crime rate compared to other Canadian cities, with 4,450 incidents per 100,000 population. This translates to an average crime rate, giving you peace of mind when it comes to living in this area. Additionally, the drug crime rate is below average, with a rating of 157.64 and 94 incidents in 2020. Property crimes are a bit higher, but still above average, with a rating of 3,868.86 and 2,307 incidents in 2020.
In terms of demographics, this neighborhood is home to a diverse and educated population. 32.9% of residents have a university certificate or degree, which is high compared to other BC neighborhoods. The median household income is $91,520, which is above average in comparison to the British Columbia average. The average personal income is also above average, at $37,391. It's worth noting that 55.6% of households in this area have a mortgage, which is below average.
When it comes to transportation, this neighborhood is conveniently located near several bus stations, including the Northbound Lonsdale Ave @ E 23 St, which is just a 0.36 km walk from this property. The area is also relatively easy to get around by car, with a low unemployment rate of 4.7%.
As we explore this community, you'll notice a range of lifestyle amenities, including parks, beaches, trails, and shopping districts. The average size of families in this area is 3.2, which is above average. The percentage of families with children is high, at 70.2%, and the percentage of married or living common law is average, at 58.4%.
The average age of the population in this area is 39.5, which is below average compared to other BC cities. The average value of dwellings in this neighborhood is $1,356,394, which is high compared to other areas in British Columbia.
In terms of housing costs, the average owner payment is high, at $1,862 per month. Tenants in this area pay an average of $1,520 per month, which is also high. However, 36.7% of the population in this area are renters, which is above average compared to other BC cities.
Finally, let's talk about language and transportation. The percentage of English and French speakers in this area is 9.2%, which is above average. The percentage of English speakers only is 89.2%, which is average. The percentage of French speakers only is 0.1%, which is low. The percentage of neither English nor French speakers is 1.6%, which is above average.
I hope this tour has given you a sense of the many highlights and amenities of this neighborhood. If you're looking for a community that offers a great balance of safety, education, and lifestyle amenities, 234 E 24th Street in North Vancouver, BC V7L 3E7 is definitely worth considering. Contact me today to schedule a viewing of this property, MLS® R2954639.
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