Property Type: Detached HouseOwnership: Freehold

401 SOMERSET STREET

North Vancouver, BC V7N1G2

$2,148,000

4 bed3 bath2 parking3,555 sqftBuilt 1927
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
6,300 square feet
Frontage
163 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,681.28 (2026)

Interior

Basement
Partial, Unknown, Unknown
Heating
Forced air, Natural gas
Fireplace
Yes (1)
Appliances
All

Exterior & Lot

View
View
Lot features
Central location

Building

Parcel ID (PID)
002-630-613

Parking

Total spaces
2

Listing Information

MLS®
R3148055
Listed
July 20, 2026
Time on market
On the market for 42 days
Tax assessment year
2026
Data last synced
September 1, 2026

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

Description

Spectacular Downtown, Water & Stanley Park views await from this charming corner-lot, 4-bedroom, 3-bath heritage-style home, beaming with character! You´ll love taking in the breathtaking views from the spacious living room and adjoining balcony. Completing the main floor are the kitchen, bathroom, formal dining room, and the primary bedroom. Upstairs offers two more bedrooms and a bathroom. The lower level features nanny or in-law accommodation, a 4th bedroom, plus a den! Enjoy the fantastic park-like backyard, complete with fruit trees and plenty of room to relax or garden. Bring your renovation ideas and unlock this home´s incredible potential. "GO" zoning offers the potential for 4-6 units (Buyer to confirm with City). (id:63159)

Values & Trends

This listing

$604/sqft

Building average

No other active listings in this building

North Vancouver average

$895/sqft

281 active listing(s)

Parking: 2 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 — 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

$2,368,500
$1,984,000
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

15

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

SchoolTypeDistance
Boundary ElementaryElementary725 m
Holy Trinity School(Independent)Elementary782 m
Queensbury ElementaryElementary822 m
Carisbrooke ElementaryElementary828 m
Vancouver Waldorf School(Independent)K-121.1 km
Sutherland SecondarySecondary1.2 km
Andre-PiolatK-121.2 km
Mountainside SecondarySecondary1.5 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
Eastbound E 29 St @ St. Kilda Ave121 m
Westbound E 29 St @ Somerset St240 m
Westbound E 29 St @ St. Andrews Ave244 m
Eastbound E 29 St @ St. Andrews Ave264 m
Eastbound E 29 St @ Brand St298 m

Nearby Places

Cafes (1)

  • Starbucks738 m

Parks (5+)

  • Unnamed201 m
  • Unnamed247 m
  • Unnamed251 m
  • Tempe Heights Park270 m
  • Dog Park (unnamed)272 m

Gyms (1)

  • Mickey McDougall · 240 East 24th Street573 m

Nearby places data: © OpenStreetMap contributors.

School district: North Vancouver (SD44)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($429,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,718,400.00
Periodic payment — Principal & Interest (monthly)$11,086.53
Additional monthly expenses (strata, tax, utilities, etc.)$901.44
Total monthly cost$11,987.97
Interest paid over 5-yr term$492,498.38
Balance at end of term$1,545,706.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$429,600
Stress test qualifying rate8.09%
Payment you must qualify for$13,213.89

Cash Needed at Closing

Minimum down payment$429,600
Estimated BC PTT$42,440
Legal / closing costs (typical estimate)$1,500
Total cash needed$473,540

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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