Property Type: Detached HouseOwnership: Freehold

250 KELVIN GROVE WAY

Lions Bay, BC V0N2E0

$2,145,000

4 bed4 bath4 parking2,697 sqftBuilt 1987
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Amenities

Also listed: Guest Suite

Property Details

Property & Lot

Sub-type
House
Lot size
10,377 square feet
Frontage
0 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,345.47 (2025)

Interior

Basement
Finished, Unknown, Unknown
Heating
Baseboard heaters, Electric, Wood
Fireplace
Yes (1)

Exterior & Lot

View
View

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3096520
Listed
March 5, 2026
Time on market
On the market for 179 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Masters Realty · Data source: CREA DDF.

Description

Expansive views of Howe Sound will amaze in this meticulous Kelvin Grove home! Full renovation including: open plan kitchen with custom cabinets, Miele steam/bake oven, Bosch induction cooktop, Custom high power fan, large island, LR with high efficiency fireplace, balcony with glass rails to enjoy that view! Updated bathrooms including spa- like master ensuite with heated floor & jacuzzi, engineered hardwood throughout top two floors, all windows/sliders triple pane Low E glass, LED lighting, installed lge HW tank, Large composite garden level deck ,replaced water & sewer lines, Legalized/updated bsmt suite,low maintenace, beautiful gardens. Fully updated with top quality finishes & wonderfully maintained, this move in ready property is a special residence ready for you to simply enjoy! (id:63159)

Values & Trends

This listing

$795/sqft

Building average

No other active listings in this building

Lions Bay average

$1,008/sqft

14 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.

Location Insights

Weather

Nearest station: West Vancouver

16°C

Humidity 71%

Wind E calm km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

1,390

(2021 Census)

+4.2% since 2016

Density: 549.4/km²

Dwellings: 557

Median household income: $140,000

After-tax: $121,000

Immigrant population: 34.5%

Top countries of origin (% of total population)

  • United Kingdom7.9% · 110
  • United States of America3.6% · 50
  • Iran3.6% · 50
  • South Africa, Republic of2.5% · 35
  • Netherlands2.2% · 30
  • Germany1.4% · 20
  • Poland1.1% · 15
  • Russian Federation1.1% · 15

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 categories nearby

Transit

13

2 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
Lions Bay SchoolElementary1.5 km
Gleneagles ElementaryElementary9.7 km
Bowen Island Community SchoolElementary11.0 km
Eagle Harbour MontessoriElementary11.0 km
Rockridge SecondarySecondary11.4 km
Island Pacific School(Independent)Middle11.6 km
Mulgrave School(Independent)K-1211.7 km
Caulfeild ElementaryElementary11.9 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

StopTypeDistance
Northbound Hwy 99 Onramp @ Kelvin Grove Way165 m
Southbound Tidewater Way @ Kelvin Grove Way217 m

Nearby Places

Parks (2)

  • Kelvin Grove Beach Park346 m
  • Lions Bay Beach Park594 m

Nearby places data: © OpenStreetMap contributors.

School district: West Vancouver (SD45)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($429,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,716,000.00
Periodic payment — Principal & Interest (monthly)$11,071.05
Additional monthly expenses (strata, tax, utilities, etc.)$830.46
Total monthly cost$11,901.51
Interest paid over 5-yr term$491,810.53
Balance at end of term$1,543,547.55

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$429,000
Stress test qualifying rate8.09%
Payment you must qualify for$13,195.44

Cash Needed at Closing

Minimum down payment$429,000
Estimated BC PTT$42,350
Legal / closing costs (typical estimate)$1,500
Total cash needed$472,850

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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