1061 PROSPECT AVENUE
North Vancouver, BC V7R2M6
$2,550,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 8,712 square feet
- Frontage
- 66 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $0 (2025)
Interior
- Basement
- Finished, Unknown, Unknown
- Fireplace
- None
Exterior & Lot
- View
- View
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Other
Listing Information
- MLS®
- R3140164
- Listed
- June 26, 2026
- Time on market
- On the market for 67 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Sutton Group-West Coast Realty · Data source: CREA DDF.
Description
Premier Canyon Heights development opportunity featuring 2 LEGAL PIDs with no subdivision required. An opportunity for a builder to immediately advance one of North Vancouver's detached residential sites. The existing home has been demolished, substantial pre-development work has been completed & plans are available for 2 exceptional 3300+ sq. ft. residences, allowing you to move directly toward Building Permit applications. Perfectly positioned across from Cleveland Park & just steps to the scenic trails of Cleveland Dam, these future homes will appeal to families seeking an unmatched blend of nature & convenience. Enjoy easy access to top-rated schools, Edgemont Village, Grouse Mountain & Highway 1. Both homes are designed with sunny south-facing backyards & views of Grouse Mountain. (id:63159)
Values & Trends
This listing
$1,275/sqft
Building average
—
No other active listings in this building
North Vancouver average
$893/sqft
281 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Detached (House) Market Stats — North Vancouver
Monthly figures from the Fraser Valley Real Estate Board for North Vancouver detached (house)listings — not specific to this property.
MLS® HPI Benchmark Price
$2,078,200
Jul 2026
Average Sale Price
$2,348,842
Jul 2026
Monthly Sales
55
Jul 2026
Active Listings
323
Jul 2026
Sales-to-Active Ratio
17.0%
Jul 2026
Median Days to Contract
28 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: West Vancouver
17°C
—
Humidity 66%
Wind NE calm km/h
Tonight
14°
Tuesday
20°
Tuesday night
15°
Wednesday
19°
Wednesday night
14°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
146,288
(2021 Census)
+5.6% since 2016
Density: 848.1/km²
Dwellings: 63,200
Median household income: $108,300
After-tax: $93,882
Immigrant population: 34.7%
Top countries of origin (% of total population)
- Iran7.8% · 11,435
- United Kingdom4.1% · 5,975
- Philippines3.1% · 4,470
- China1.9% · 2,815
- United States of America1.5% · 2,200
- Korea, South1.4% · 2,065
- South Africa, Republic of0.9% · 1,355
- India0.9% · 1,305
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
22
3/9 categories nearby
Transit
33
5 stop(s) within 800m
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Montroyal Elementary | Elementary | 506 m |
| Handsworth Secondary | Secondary | 791 m |
| Canyon Heights Elementary | Elementary | 800 m |
| Cleveland Elementary | Elementary | 1.5 km |
| Highlands Elementary | Elementary | 2.3 km |
| Braemar Elementary | Elementary | 2.4 km |
| Mountainside Secondary | Secondary | 2.5 km |
| Andre-Piolat | K-12 | 2.9 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
| Stop | Type | Distance |
|---|---|---|
| Eastbound Clements Ave @ 1000 Block | — | 102 m |
| Southbound Cliffridge Ave @ Prospect Ave | — | 177 m |
| Eastbound Clements Ave @ Cliffridge Ave | — | 190 m |
| Northbound Cliffridge Ave @ Sonora Dr South | — | 199 m |
| Northbound Nancy Greene Way @ Prospect Ave | — | 250 m |
Nearby Places
Restaurants (1)
- Sushi Mori · 4740 Capilano Road437 m
Grocery (1)
- Henry's Grocery453 m
Parks (5+)
- Cleveland Park201 m
- Glenwood Park626 m
- Sarita Park667 m
- Grousewoods Park737 m
- Grousewoods Park782 m
Nearby places data: © OpenStreetMap contributors.
School district: North Vancouver (SD44)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($510,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.





