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Investment Highlights

  • Office - Well-suited for a wide variety of uses including medical/dental & professional offices, retail, banks, cafe’s, & restaurants.
  • Excellent positioning in Central Lonsdale, the North Shore’s ultimate commercial district.
  • Project Completion: Spring / Summer 2025.

Executive Summary

Marcus & Millichap REIS Canada, Inc. is pleased to present new street-front and second-floor commercial strata units in Lennox, a highly-anticipated mixed-use development by Polygon in the desirable Central Lonsdale Neighbourhood. -Excellent positioning in Central Lonsdale, the North Shore’s ultimate commercial district. - Situated at the high-profile intersection of Lonsdale Avenue and 17th Street, a primary retail node amidst a mature, yet growing high-density residential neighbourhood. - Shadow-anchored by Loblaw’s City Market with close proximity to Lions Gate Hospital and the future Harry Jerome Community Recreation Centre. - Over 18,000 SF of commercial strata over two floors, integrated into a mixed-use building consisting of 64 new residential units. - Easily accessible location with 5 major bus routes, a walk score of 88, and a bike score of 86.

6 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 200
  • 736 SF
  • Office/Medical
  • $989,000 CAD ($1,343.75 CAD/SF)
  • -
Sale Type Investment or Owner User
Description
Well-suited for a wide variety of commercial uses including medical/dental and professional offices, retail, financial institutions, cafe’s, restaurants, fitness, etc.
Sale Notes
Marcus & Millichap REIS Canada, Inc. is pleased to present new street-front and second-floor commercial strata units in Lennox, a highly-anticipated mixed-use development by Polygon in the desirable Central Lonsdale Neighbourhood.
  • Unit 205
  • 685 SF
  • Office/Medical
  • $969,000 CAD ($1,414.60 CAD/SF)
  • -
Sale Type Investment or Owner User
Description
Well-suited for a wide variety of commercial uses including medical/dental and professional offices, retail, financial institutions, cafes, restaurants, fitness, etc.
Sale Notes
Marcus & Millichap REIS Canada, Inc. is pleased to present new street-front and second-floor commercial strata units in Lennox, a highly-anticipated mixed-use development by Polygon in the desirable Central Lonsdale Neighbourhood.
  • Unit 210
  • 660 SF
  • Office/Medical
  • $949,000 CAD ($1,437.88 CAD/SF)
  • -
Sale Type Investment or Owner User
Description
Well-suited for a wide variety of commercial uses including medical/dental and professional offices, retail, financial institutions, cafes, restaurants, fitness, etc.
Sale Notes
Marcus & Millichap REIS Canada, Inc. is pleased to present new street-front and second-floor commercial strata units in Lennox, a highly-anticipated mixed-use development by Polygon in the desirable Central Lonsdale Neighbourhood.
  • Unit 215
  • 687 SF
  • Office/Medical
  • $989,000 CAD ($1,439.59 CAD/SF)
  • -
Sale Type Investment or Owner User
Sale Status Under Contract
Description
Well-suited for a wide variety of commercial uses including medical/dental and professional offices, retail, financial institutions, cafes, restaurants, fitness, etc.
Sale Notes
Marcus & Millichap REIS Canada, Inc. is pleased to present new street-front and second-floor commercial strata units in Lennox, a highly-anticipated mixed-use development by Polygon in the desirable Central Lonsdale Neighbourhood.
  • Unit 220
  • 1,000 SF
  • Office/Medical
  • $1,349,000 CAD ($1,349.00 CAD/SF)
  • -
Sale Type Investment or Owner User
Description
Well-suited for a wide variety of commercial uses including medical/dental and professional offices, retail, financial institutions, cafes, restaurants, fitness, etc.
Sale Notes
Marcus & Millichap REIS Canada, Inc. is pleased to present new street-front and second-floor commercial strata units in Lennox, a highly-anticipated mixed-use development by Polygon in the desirable Central Lonsdale Neighbourhood.
  • Unit 240
  • 998 SF
  • Office/Medical
  • $1,495,000 CAD ($1,498.00 CAD/SF)
  • -
Sale Type Investment or Owner User
Description
Well-suited for a wide variety of commercial uses including medical/dental and professional offices, retail, financial institutions, cafes, restaurants, fitness, etc.
Sale Notes
Marcus & Millichap REIS Canada, Inc. is pleased to present new street-front and second-floor commercial strata units in Lennox, a highly-anticipated mixed-use development by Polygon in the desirable Central Lonsdale Neighbourhood.
Unit Unit Size Condo Use Price NOI
Unit 200 736 SF Office/Medical $989,000 CAD ($1,343.75 CAD/SF) -
Unit 205 685 SF Office/Medical $969,000 CAD ($1,414.60 CAD/SF) -
Unit 210 660 SF Office/Medical $949,000 CAD ($1,437.88 CAD/SF) -
Unit 215 687 SF Office/Medical $989,000 CAD ($1,439.59 CAD/SF) -
Unit 220 1,000 SF Office/Medical $1,349,000 CAD ($1,349.00 CAD/SF) -
Unit 240 998 SF Office/Medical $1,495,000 CAD ($1,498.00 CAD/SF) -

Unit 200

Unit Size
736 SF
Condo Use
Office/Medical
Price
$989,000 CAD ($1,343.75 CAD/SF)
NOI
-

Unit 205

Unit Size
685 SF
Condo Use
Office/Medical
Price
$969,000 CAD ($1,414.60 CAD/SF)
NOI
-

Unit 210

Unit Size
660 SF
Condo Use
Office/Medical
Price
$949,000 CAD ($1,437.88 CAD/SF)
NOI
-

Unit 215

Unit Size
687 SF
Condo Use
Office/Medical
Price
$989,000 CAD ($1,439.59 CAD/SF)
NOI
-

Unit 220

Unit Size
1,000 SF
Condo Use
Office/Medical
Price
$1,349,000 CAD ($1,349.00 CAD/SF)
NOI
-

Unit 240

Unit Size
998 SF
Condo Use
Office/Medical
Price
$1,495,000 CAD ($1,498.00 CAD/SF)
NOI
-

Unit 200

Unit Size 736 SF
Condo Use Office/Medical
Price $989,000 CAD ($1,343.75 CAD/SF)
NOI -
Sale Type Investment or Owner User
Description
Well-suited for a wide variety of commercial uses including medical/dental and professional offices, retail, financial institutions, cafe’s, restaurants, fitness, etc.</li></ul>
Sale Notes
Marcus &amp; Millichap REIS Canada, Inc. is pleased to present new street-front and second-floor commercial strata units in Lennox, a highly-anticipated mixed-use development by Polygon in the desirable Central Lonsdale Neighbourhood.</li></ul>

Unit 205

Unit Size 685 SF
Condo Use Office/Medical
Price $969,000 CAD ($1,414.60 CAD/SF)
NOI -
Sale Type Investment or Owner User
Description
Well-suited for a wide variety of commercial uses including medical/dental and professional offices, retail, financial institutions, cafes, restaurants, fitness, etc.</li></ul>
Sale Notes
Marcus &amp; Millichap REIS Canada, Inc. is pleased to present new street-front and second-floor commercial strata units in Lennox, a highly-anticipated mixed-use development by Polygon in the desirable Central Lonsdale Neighbourhood.</li></ul>

Unit 210

Unit Size 660 SF
Condo Use Office/Medical
Price $949,000 CAD ($1,437.88 CAD/SF)
NOI -
Sale Type Investment or Owner User
Description
Well-suited for a wide variety of commercial uses including medical/dental and professional offices, retail, financial institutions, cafes, restaurants, fitness, etc.</li></ul>
Sale Notes
Marcus &amp; Millichap REIS Canada, Inc. is pleased to present new street-front and second-floor commercial strata units in Lennox, a highly-anticipated mixed-use development by Polygon in the desirable Central Lonsdale Neighbourhood.</li></ul>

Unit 215

Unit Size 687 SF
Condo Use Office/Medical
Price $989,000 CAD ($1,439.59 CAD/SF)
NOI -
Sale Type Investment or Owner User
Sale Status Under Contract
Description
Well-suited for a wide variety of commercial uses including medical/dental and professional offices, retail, financial institutions, cafes, restaurants, fitness, etc.</li></ul>
Sale Notes
Marcus &amp; Millichap REIS Canada, Inc. is pleased to present new street-front and second-floor commercial strata units in Lennox, a highly-anticipated mixed-use development by Polygon in the desirable Central Lonsdale Neighbourhood.</li></ul>

Unit 220

Unit Size 1,000 SF
Condo Use Office/Medical
Price $1,349,000 CAD ($1,349.00 CAD/SF)
NOI -
Sale Type Investment or Owner User
Description
Well-suited for a wide variety of commercial uses including medical/dental and professional offices, retail, financial institutions, cafes, restaurants, fitness, etc.</li></ul>
Sale Notes
Marcus &amp; Millichap REIS Canada, Inc. is pleased to present new street-front and second-floor commercial strata units in Lennox, a highly-anticipated mixed-use development by Polygon in the desirable Central Lonsdale Neighbourhood.</li></ul>

Unit 240

Unit Size 998 SF
Condo Use Office/Medical
Price $1,495,000 CAD ($1,498.00 CAD/SF)
NOI -
Sale Type Investment or Owner User
Description
Well-suited for a wide variety of commercial uses including medical/dental and professional offices, retail, financial institutions, cafes, restaurants, fitness, etc.</li></ul>
Sale Notes
Marcus &amp; Millichap REIS Canada, Inc. is pleased to present new street-front and second-floor commercial strata units in Lennox, a highly-anticipated mixed-use development by Polygon in the desirable Central Lonsdale Neighbourhood.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 32,000 SF
Property Type Multifamily
Property Subtype
Apartment
  • Office Medical
Building Class B
Floors 6
Typical Floor Size 3,618 SF
Year Built 2026
Lot Size 0.49 AC
Parking Ratio 1.28/1,000 SF
Zoning CD-749 - Ground Floor: Retail-Service Group 1-A Second Floor: Retail-Service Group 1

Amenities

Site Amenities

  • 24 Hour Access
  • On-Site Retail
  • Recycling
  • Elevator
  • Public Transportation
  • Key Fob Entry
  • Smoke Detector
Exceptionally walkable
100/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100
  • Listing ID: 30081441

  • Date on Market: 2023-11-16

  • Last Updated:

  • Address: 1712 Lonsdale Ave, North Vancouver, BC V7M 2J7

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