Property Type: Land / LotOwnership: Freehold

316 SASAMAT LANE

North Vancouver, BC V7G2S4

$1,299,900

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Property Details

Property & Lot

Lot size
7,950 square feet
Frontage
50 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$3,184.41 (2025)

Interior

Fireplace
None

Exterior & Lot

View
View
Waterfront
Waterfront

Listing Information

MLS®
R3125274
Listed
May 19, 2026
Time on market
On the market for 104 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.

Description

READY TO GO! Incredible WATERFRONT lot with DIRECT ROAD ACCESS. Plans and last approval pending for you to get your DP to build a gorgeous West Coast Modern Home! Stunning Contemporary Design thoughtfully uses the windows, vaulted ceilings and skylights to capture the exquisite views, light and nature all around. Each floor is wrapped with extensive decks for perfect for relaxing and entertaining. OPTIONS for either a attached garage or 2-car parking adds convenience, making this a perfect blend of style, functionality, and tranquility. All consultants & reports already done & accepted by DNV (GeoTech, Architectural, Tree & more) as complete for Development Permit! To fully understand the plans and new lane design - please call for appt. DO NOT WALK PROPERTY WITHOUT APPT (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

North Vancouver average

$1,253/sqft

5 active listing(s)

Parking: Not indicatedStorage 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 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

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.

Nearby Schools

SchoolTypeDistance
Cove Cliff ElementaryElementary4.4 km
Seycove Secondary CommunitySecondary5.0 km
Dorothy Lynas ElementaryElementary5.2 km
Anmore ElementaryElementary5.8 km
St. Pius X Elementary School(Independent)Elementary5.9 km
Sherwood Park ElementaryElementary6.3 km
Blueridge ElementaryElementary7.4 km
Pleasantside ElementaryElementary7.6 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

No TransLink stops within an ~10-minute walk.

School district: North Vancouver (SD44)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($104,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,039,920.00
Periodic payment — Principal & Interest (monthly)$6,709.21
Additional monthly expenses (strata, tax, utilities, etc.)$265.37
Total monthly cost$6,974.58
Interest paid over 5-yr term$298,044.06
Balance at end of term$935,411.40

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$104,990
Stress test qualifying rate8.09%
Payment you must qualify for$9,188.44

Cash Needed at Closing

Minimum down payment$104,990
Estimated BC PTT$23,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$130,488

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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