Multifamily for Sale

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338-342 St. Georges Avenue
Lower Lonsdale North Vancouver V7L 3G9

$2,499,000
Multi-Family Commercial

Aerial view of residential properties with varied architectural styles
Photo 1: 338-342 St. Georges Avenue, North Vancouver
Photo 2: 338-342 St. Georges Avenue, North Vancouver
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Photo 10: 338-342 St. Georges Avenue, North Vancouver
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Photo 20: 338-342 St. Georges Avenue, North Vancouver
Photo 21: 338-342 St. Georges Avenue, North Vancouver
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Photo 35: 338-342 St. Georges Avenue, North Vancouver
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8080878
Build. Type:
Low Rise (2-4 storeys)
Exceptional investment opportunity in the heart of vibrant Lower Lonsdale! Situated on a desirable corner lot in an exciting growth area, this well-maintained duplex offers excellent holding income and outstanding future potential with the City's new bylaw allowing up to 1.25 FSR. Featuring two covered parking spaces plus one open space (3 parking total), a private yard, spacious sundeck, and lower patio. Just a short stroll to the SeaBus, Lonsdale Quay Market, The Shipyards, waterfront, restaurants, cafés, breweries, and boutique shopping. A rare opportunity to secure a prime revenue property in one of North Vancouver's most sought-after neighbourhoods. Don't miss out, call now!
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Frame Wood
Num Storeys:
2
Building Type:
Low Rise (2-4 storeys)
# Units Total:
4
# Other Units:
0
# of Apartments:
4
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
1
# of 2 Bedroom Apartments:
3
# of 3 Bedroom Apartments:
0
Year built:
1959 (Age: 67)
Living Area:
3,744 sq. ft.
Lot Area:
6,098.4 sq. ft.
Zoning:
Potential to Redevelop:
FSR 1.25 to build approx. 7500 sf. Contact LS for more info., No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Sewer:
Public Sewer
Parcel Number:
015076148
Taxes:
$9,287.09 / 2025
Laundry Facility, Storage
No
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
FSR 1.25 to build approx. 7500 sf. Contact LS for more info., No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 338-342 St. Georges Avenue, North Vancouver
    Aerial view of residential properties with varied architectural styles
  • Photo 2: 338-342 St. Georges Avenue, North Vancouver
    Mid-century modern residence featuring light-toned siding, exposed rafter tails, and multiple windows
  • Photo 3: 338-342 St. Georges Avenue, North Vancouver
    Side exterior entry featuring an overhead wooden deck, an exterior light fixture, and a white paneled door
  • Photo 4: 338-342 St. Georges Avenue, North Vancouver
    Expansive outdoor deck with natural wood planks
  • Photo 5: 338-342 St. Georges Avenue, North Vancouver
    Carport structure with wood framing and a light-colored roof
  • Photo 6: 338-342 St. Georges Avenue, North Vancouver
    Contemporary home featuring a distinctive angled roofline and light-toned horizontal siding
  • Photo 7: 338-342 St. Georges Avenue, North Vancouver
    Single-story residence featuring a flat roofline and light-colored siding
  • Photo 8: 338-342 St. Georges Avenue, North Vancouver
    Single-story residence featuring a dark paneled entry door, concrete steps, and a black metal handrail
  • Photo 9: 338-342 St. Georges Avenue, North Vancouver
    Ranch-style exterior with a light-toned facade and dark trim
  • Photo 10: 338-342 St. Georges Avenue, North Vancouver
    Corner property featuring mature trees, a wooden privacy fence, established landscaping, and concrete sidewalks
  • Photo 11: 338-342 St. Georges Avenue, North Vancouver
    Wood panel fencing with lattice top details borders the property, complemented by mature trees and established shrubs
  • Photo 12: 338-342 St. Georges Avenue, North Vancouver
    Aerial perspective featuring a city skyline, expansive water body, and residential structures
  • Photo 13: 338-342 St. Georges Avenue, North Vancouver
    Aerial perspective showcasing a residential property with a multi-level roofline and surrounding landscaping
  • Photo 14: 338-342 St. Georges Avenue, North Vancouver
    Aerial perspective showcasing a dense urban environment with a prominent waterfront
  • Photo 15: 338-342 St. Georges Avenue, North Vancouver
    Aerial perspective of a dense urban environment featuring a variety of multi-story residential buildings, mature trees, and mountainous terrain in the background
  • Photo 16: 338-342 St. Georges Avenue, North Vancouver
    Urban landscape featuring a prominent tree-lined street, water expanse, and distant city skyline
  • Photo 17: 338-342 St. Georges Avenue, North Vancouver
    Spacious room featuring rich wood-finish flooring, a large sliding glass door, a horizontal window, and track lighting
  • Photo 18: 338-342 St. Georges Avenue, North Vancouver
    Room featuring wood-finish flooring, white walls, and white baseboards
  • Photo 19: 338-342 St. Georges Avenue, North Vancouver
    Spacious living area featuring rich wood-finish flooring, white walls, and track lighting
  • Photo 20: 338-342 St. Georges Avenue, North Vancouver
    Bright room featuring a horizontal window, wood-finish flooring, white baseboards, and track lighting
  • Photo 21: 338-342 St. Georges Avenue, North Vancouver
    Entryway featuring wood-finish flooring, white walls, and bright white trim
  • Photo 22: 338-342 St. Georges Avenue, North Vancouver
    Bathroom featuring white cabinetry, a built-in shelving unit, and dark marble-look flooring
  • Photo 23: 338-342 St. Georges Avenue, North Vancouver
    Corner shower enclosure with patterned glass panels, a tiled interior, a white shower pan, and an adjacent white toilet
  • Photo 24: 338-342 St. Georges Avenue, North Vancouver
    Spacious room featuring wood-finish flooring, crisp white walls, and a large horizontal window with natural light
  • Photo 25: 338-342 St. Georges Avenue, North Vancouver
    Kitchen featuring abundant white cabinetry, a white electric range, a stainless steel sink, a window with horizontal blinds, and a tiled backsplash
  • Photo 26: 338-342 St. Georges Avenue, North Vancouver
    Kitchen featuring white cabinetry, a white electric range, and a stainless steel sink with a window overhead
  • Photo 27: 338-342 St. Georges Avenue, North Vancouver
    Compact utility space featuring white upper cabinetry with brushed nickel hardware, a white refrigerator, wood-finish tile flooring, and exposed ceiling beams
  • Photo 28: 338-342 St. Georges Avenue, North Vancouver
    Multi-level commercial structure featuring a prominent gabled roof with red trim, a perforated metal facade, and a ground-floor retail presence with large glass storefronts
  • Photo 29: 338-342 St. Georges Avenue, North Vancouver
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  • Photo 30: 338-342 St. Georges Avenue, North Vancouver
    Commercial storefront with a black awning and a prominent dark business sign with white lettering
  • Photo 31: 338-342 St. Georges Avenue, North Vancouver
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  • Photo 32: 338-342 St. Georges Avenue, North Vancouver
    Modern commercial storefront featuring a dark brick facade and large display windows
  • Photo 33: 338-342 St. Georges Avenue, North Vancouver
    Industrial-style building with a gabled red roof and light-colored siding
  • Photo 34: 338-342 St. Georges Avenue, North Vancouver
    Image quality insufficient for description
  • Photo 35: 338-342 St. Georges Avenue, North Vancouver
    Floor plan
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Listed by VIRANI REAL ESTATE ADVISORS
Data was last updated August 7, 2026 at 09:40 AM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.