Property Type: Detached HouseOwnership: Freehold

2237 PALMERSTON AVENUE

West Vancouver, BC V7V2V9

$6,398,000

3 bed2 bath4 parking2,377 sqftBuilt 1946
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
19,245 square feet
Frontage
144.7 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$14,228.88 (2024)

Interior

Heating
Forced air, Natural gas
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3089350
Listed
February 12, 2026
Time on market
On the market for 200 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Royal LePage Sussex · Data source: CREA DDF.

Description

Build your dream home today. RARE OPPORTUNITY in Upper Dundarave! Subdivided 19,244 sq.ft. premium lot with 144 ft frontage and panoramic views of the Lions Gate Bridge, ocean, city & Mt. Baker all from the main floor. Over three years of planning, design & approvals completed. Fully rezoned & ready to build one mansion or two luxury homes. Lot A: 9,981 sq.ft. / 5,427 sq.ft. home (incl. coach house). Lot B: 9,261 sq.ft. / 4,983 sq.ft. home (incl. coach house). Minutes to Mulgrave & Collingwood Schools. Ideal for builders, architects or families creating a dream home with world-class views. (id:63159)

Values & Trends

This listing

$2,692/sqft

Building average

No other active listings in this building

West Vancouver average

$1,141/sqft

367 active listing(s)

Parking: 4 stall(s) includedStorage locker: Not indicated

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 — West Vancouver

Monthly figures from the Fraser Valley Real Estate Board for West Vancouver detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$2,897,500

Jul 2026

Average Sale Price

$3,963,171

Jul 2026

Monthly Sales

34

Jul 2026

Active Listings

450

Jul 2026

Sales-to-Active Ratio

8.0%

Jul 2026

Median Days to Contract

27 days

Jul 2026

MLS® HPI Benchmark Price

$3,474,600
$2,872,300
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

15°C

Humidity 73%

Wind N calm km/h

Today

20°

Tonight

15°

Wednesday

17°

Wednesday night

14°

Thursday

18°

Thursday night

13°

Source: Environment and Climate Change Canada.

Population

44,122

(2021 Census)

+3.9% since 2016

Density: 506.1/km²

Dwellings: 18,795

Median household income: $104,000

After-tax: $90,000

Immigrant population: 45.7%

Top countries of origin (% of total population)

  • China12% · 5,295
  • Iran10% · 4,405
  • United Kingdom4.8% · 2,105
  • United States of America2% · 880
  • Korea, South1.1% · 500
  • Hong Kong1.1% · 475
  • Germany1% · 425
  • South Africa, Republic of0.9% · 380

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

1/9 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

SchoolTypeDistance
Ecole Pauline Johnson ElementaryElementary787 m
Irwin Park ElementaryElementary857 m
West Vancouver SecondarySecondary904 m
West Vancouver Inglewood SecondarySecondary904 m
Collingwood School(Independent)K-121.1 km
Chartwell ElementaryElementary1.6 km
Sentinel SecondaryElementary1.6 km
Ridgeview ElementaryElementary1.7 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

StopTypeDistance
Westbound Queens Ave @ 22 St107 m
Eastbound Queens Ave @ 22 St113 m
Westbound Queens Ave @ Orchard Way126 m
Westbound Queens Ave @ Orchard Way165 m
Eastbound Queens Ave @ Orchard Way249 m

Nearby Places

Parks (3)

  • Hillside Park169 m
  • Westhill Park667 m
  • Irwin Park785 m

Nearby places data: © OpenStreetMap contributors.

School district: West Vancouver (SD45)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,279,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$5,118,400.00
Periodic payment — Principal & Interest (monthly)$33,022.18
Additional monthly expenses (strata, tax, utilities, etc.)$1,304.74
Total monthly cost$34,326.92
Interest paid over 5-yr term$1,466,948.15
Balance at end of term$4,604,017.35

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,279,600
Stress test qualifying rate8.09%
Payment you must qualify for$39,358.70

Cash Needed at Closing

Minimum down payment$1,279,600
Estimated BC PTT$237,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,519,000

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.

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