Property Type: Detached HouseOwnership: Freehold

2980 PALMERSTON AVENUE

West Vancouver, BC V7V2X3

$10,580,000

8 bed8 bath9 parking12,494 sqftBuilt 1995
Get Directions

Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
39,204 square feet
Frontage
132 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$52,661.09 (2026)

Interior

Basement
Finished, Unknown, Unknown
Heating
Radiant heat, Forced air
Cooling / A/C
Air Conditioned
Fireplace
Yes (7)

Exterior & Lot

Pool
Outdoor pool

Parking

Total spaces
9 — covered indicated
Features
Garage

Listing Information

MLS®
R3130853
Listed
June 2, 2026
Time on market
On the market for 90 days
Tax assessment year
2026
Data last synced
August 28, 2026

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

Description

One of Altamont´s most significant estates, set on an extraordinary nearly 40,000 square ft property in one of West Vancouver´s most coveted enclaves. This magnificent 12,500 square ft Tudor-inspired residence blends timeless architecture with exceptional scale, privacy and luxury. Offering 8 bedrooms, 8 bathrooms, a chef´s kitchen, AC, radiant heating and a triple garage with heated driveway. Designed for both grand entertaining and everyday living, the home opens to spectacular mature gardens, a resort-style pool and spa, sports court and outdoor BBQ pavilion. Upstairs, a lavish primary suite is complemented by 5 spacious bedrooms. The lower level rivals a private club with a hidden speakeasy, 3,800-bottle wine cellar, gym, spa, sauna and theatre. A rare offering that cannot be replicated. (id:63159)

Values & Trends

This listing

$847/sqft

Building average

No other active listings in this building

West Vancouver average

$1,146/sqft

367 active listing(s)

Parking: 9 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

16°C

Humidity 72%

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

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
West Bay ElementaryElementary495 m
Mulgrave School(Independent)K-12847 m
Collingwood School(Independent)K-121.1 km
Irwin Park ElementaryElementary1.4 km
Ecole Pauline Johnson ElementaryElementary2.2 km
West Vancouver SecondarySecondary2.6 km
West Vancouver Inglewood SecondarySecondary2.6 km
Cypress Park PrimaryElementary3.0 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 Marine Dr @ 30 St336 m
Eastbound Marine Dr @ 30 St352 m
Northbound 31 St @ Dickinson Cres411 m
Westbound Mathers Ave @ 31 St459 m
Eastbound Marine Dr @ 31 St472 m

Nearby Places

Parks (3)

  • Altamont Park193 m
  • Benbow Park563 m
  • 29th Street Park · 2892 Marine Drive575 m

Nearby places data: © OpenStreetMap contributors.

School district: West Vancouver (SD45)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($2,116,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$8,464,000.00
Periodic payment — Principal & Interest (monthly)$54,606.86
Additional monthly expenses (strata, tax, utilities, etc.)$5,013.42
Total monthly cost$59,620.28
Interest paid over 5-yr term$2,425,806.73
Balance at end of term$7,613,395.37

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$2,116,000
Stress test qualifying rate8.09%
Payment you must qualify for$65,085.20

Cash Needed at Closing

Minimum down payment$2,116,000
Estimated BC PTT$447,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$2,564,500

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.

Request more information