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Lord Nelson Apartments is a clean and well-maintained 41 suite 3-storey apartment building centrally located in North Vancouver’s highly desirable Lower Lonsdale neighbourhood. The building has had on-going updates over the years and offers 28 one-bedroom and 13 two-bedroom suites on a large 24,000 SF corner lot at the southwest corner of West 3rd Street and Mahon Avenue.  Highlights of the building include secured underground parking (41 stalls), tenant storage (41 lockers), attractive landscaping, and suites with many updates and spacious balconies. Recent leasing shows lots of upside in existing rents on turnover, while the Residential Level 5 (Medium Density Mid-Rise Apartment) OCP designation allows for future redevelopment up to 2.60 FSR.