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137 East 15TH Street
North Vancouver · Vacant Land
Listed by Coldwell Banker Executives Realty · MLS® C8074135
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Sign inAbout this home
A rare infill development opportunity located in the core of Central Lonsdale, North Vancouver. Approximately 7,854 square feet of level, rectangular land currently used as a surface parking lot, provides holding income while future development plans are advanced. Just east of Lonsdale Avenue, the property benefits from excellent walkability, frequent transit service and immediate access to a wide range of neighbourhood amenities including retailers, cafés, restaurants, medical services and civic facilities. The surrounding area has seen significant recent growth with numerous mixed-use and residential high-rise developments, reinforcing Central Lonsdale's role as one of the North Shore's most active and established urban nodes. The property is well suited for a future mixed-use or multi-family development (subject to City of North Vancouver approvals), allowing a purchaser to take advantage of the continued densification and strong housing demand in the area while benefitting from interim parking income
Home facts
- Property type
- Vacant Land
- Listed
- November 26, 2025
Features and inclusions
- Lot
- Lane
Rooms and building
- Water
- Utilities
- Electricity, Cable, Telephone
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $13,025
- Property tax
- $800/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $13,975
Purchase snapshot
- List price
- $2,748,000
- Down payment
- $549,600 (20%)
- Estimated mortgage
- $2,198,400
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
This name covers two separate municipalities with their own rates, so both are shown.
- North Vancouver (C)
- $9,555
- At 3.4769 per $1,000 of assessed value.
- North Vancouver (D)
- $9,019
- At 3.2820 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $2,380 a month
- Gross yield
- 1.0%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Vancouver
Ten year average, 2016–2025.
- Average temperature
- 10.6°C
- Daily mean across the year.
- Yearly precipitation
- 1,141 mm
- On the drier side for BC.
- Yearly snowfall
- 39 cm
- Snow is the exception here.
- Bright sunshine
- 1,938 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Condo / Apartment · 53%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.