Property Type: Detached HouseOwnership: Freehold

470 TIMBERTOP DRIVE

Lions Bay, BC V0N2E0

$2,650,000

5 bed4 bath6 parking4,003 sqftBuilt 1993
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Property Details

Property & Lot

Sub-type
House
Style
3 Level
Lot size
11,478 square feet
Frontage
0 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,439.35 (2026)

Interior

Basement
Finished, Unknown, Unknown
Heating
Heat Pump, Forced air
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)
Appliances
All, Oven - Built-In

Exterior & Lot

View
View
Lot features
Private setting

Building

Parcel ID (PID)
007-856-644

Parking

Total spaces
6 — covered indicated
Features
Garage, RV

Listing Information

MLS®
R3157282
Listed
August 19, 2026
Time on market
On the market for 12 days
Tax assessment year
2026
Data last synced
August 30, 2026

Listing provided by: Osprey Properties Inc. · Data source: CREA DDF.

Description

Lions Bay has the romance covered - the ocean, the forest, a village that still waves hello. What it rarely offers is practicality, and that is exactly what this home delivers. Begin with a flat driveway (a genuine rarity on this hillside) leading to an attached double garage with EV charger. Inside, 4,000+ square ft across a beautifully renovated 3-level split: open-plan living framed by floor-to-ceiling Howe Sound and forest views, a chef´s kitchen with Miele & Viking appliances, and a principal suite worthy of a penthouse. Two heat pumps deliver true air conditioning in summer and efficient warmth in winter. The legal revenue suite - configurable from 1 to 4 bedrooms - offers significant monthly income or comfortable multi-generational living. Add 1,200+ square ft of decks, a quiet cul-de-sac setting near tennis courts and trails, Whistler in 60 minutes, downtown in 25. The seaside village life you´ve imagined, in the rare home that simply makes sense. (id:63159)

Values & Trends

This listing

$662/sqft

Building average

No other active listings in this building

Lions Bay average

$1,018/sqft

14 active listing(s)

Parking: 6 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

11

2/9 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 SchoolElementary512 m
Gleneagles ElementaryElementary10.9 km
Bowen Island Community SchoolElementary12.0 km
Eagle Harbour MontessoriElementary12.2 km
Rockridge SecondarySecondary12.5 km
Island Pacific School(Independent)Middle12.6 km
Mulgrave School(Independent)K-1212.7 km
Caulfeild ElementaryElementary13.1 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 Crosscreek Rd @ Oceanview Rd410 m
Southbound Isleview Place @ Lions Bay Ave525 m

Nearby Places

Cafes (1)

  • Lions Bay General Store & Café · 350 Centre Road412 m

Parks (1)

  • David and Tom Wade Memorial Park506 m

Nearby places data: © OpenStreetMap contributors.

School district: West Vancouver (SD45)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($530,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,120,000.00
Periodic payment — Principal & Interest (monthly)$13,677.52
Additional monthly expenses (strata, tax, utilities, etc.)$819.95
Total monthly cost$14,497.47
Interest paid over 5-yr term$607,598.09
Balance at end of term$1,906,946.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$530,000
Stress test qualifying rate8.09%
Payment you must qualify for$16,302.06

Cash Needed at Closing

Minimum down payment$530,000
Estimated BC PTT$57,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$589,000

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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