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Investment signal

$1,525,000

2405 LLOYD AVENUE

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Beds

Baths

Sqft

—

Year

1948

Type

Single Family

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for North Vancouver. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Amazing development opportunity in one of North Vancouver's most coveted neighbourhoods. First time on the market since 1947, this southwest-facing corner lot measures 60 x 132 feet and invites builders, investors, and visionary homeowners to create a beautiful family home with a carriage house and basement suite, or a large duplex/multi-unit residence (RSPH zoned). This is a premier development parcel in a calm, walkable enclave known for safety, top schools, and timeless appeal. This property is on a cul-de-sac, steps from Sowden Park and Capilano Elementary as well as easy access to transit and downtown Vancouver. A few minutes to Marine Drive, Edgemont Village, Lonsdale, Ambleside, and Grouse Mountain make this the prime location for the North Shore lifestyle with lots of amenities. (id:65958)

Subtype: Single Family
Structure: House
Common interest: Freehold
Living area: 2,288 square feet
Lot size: 7,692.81 square feet
Lot dimensions: 7692.81
Parking: 0 total
Fireplace: 1
On market: Apr 24, 2026
Status changed: Apr 24, 2026
Annual tax: $7,258.16 (2024)
Photos: 11
MLS#: R3115678
Area: NORTH_VANCOUVER

Features and systems

Parking

Carport

Basement

PartialUnknownUnknown

Heating

Natural gas

Lot

Central location

Negative cash flow ~$1,623/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.39%

Cap rate

3.59%

GRM

16.7

Break-even rent

$9,333

Financing

Down payment$305,000

Loan amount$1,220,000

Mortgage$6,182/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$699

Insurance$80

Maintenance$1,271

CapEx reserve$635

Vacancy loss$381

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $6,182/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.