Property Type: Detached HouseOwnership: Freehold

502 E 5TH STREET

North Vancouver, BC V7L1M4

$2,398,000

5 bed4 bath1 parking2,582 sqftBuilt 2025
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Property Details

Property & Lot

Sub-type
House
Lot size
3,425 square feet
Frontage
25 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,661.32 (2026)

Interior

Basement
Full, Unknown, Unknown
Heating
Heat Pump, Baseboard heaters
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
1 — covered indicated
Features
Garage

Listing Information

MLS®
R3146359
Listed
July 14, 2026
Time on market
On the market for 48 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Royal Pacific Realty Corp. · Data source: CREA DDF.

Description

Brand-new detached home in the heart of vibrant Lower Lonsdale, offering luxury, functionality, and income potential. This modern residence features a bright open-concept layout with eclipse doors to a covered patio, custom millwork, natural stone finishes, and a gourmet Miele kitchen. Upstairs offers 3 spacious bedrooms, including a vaulted primary with a spa-inspired ensuite and private balcony. A legal above-grade suite provides an ideal mortgage helper or space for extended family. Complete with A/C, heat pump, EV-ready garage, private backyard, south-facing city and ocean views. Just minutes to Lonsdale Avenue, The Shipyards, waterfront, cafes, restaurants, shops, and transit. Open House on Sunday Aug 23rd, 2-4 pm (id:63159)

Values & Trends

This listing

$929/sqft

Building average

No other active listings in this building

North Vancouver average

$894/sqft

281 active listing(s)

Parking: 1 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

22

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
Ridgeway ElementaryElementary474 m
St. Alcuin College for the Liberal Arts(Independent)K-12853 m
Queen Mary Community ElementaryElementary1.4 km
Brooksbank ElementaryElementary1.6 km
St. Edmund's(Independent)Elementary1.6 km
Sutherland SecondarySecondary1.8 km
Queensbury ElementaryElementary1.9 km
North Star Montessori Elementary School(Independent)Elementary1.9 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
Westbound E 3rd St @ Ridgeway Ave275 m
Eastbound E Keith Rd @ Ridgeway Ave278 m
Eastbound E 3rd St @ Ridgeway Ave292 m
Westbound E Keith Rd @ Ridgeway Ave298 m
Westbound E 3rd St @ Moody Ave324 m

Nearby Places

Restaurants (2)

  • Sansho · 707 Queensbury Avenue456 m
  • BLVD Bistro · 636 Queensbury Avenue460 m

Cafes (2)

  • S'wich Cafe · 644 Queensbury Avenue461 m
  • Goldie's · 279 East 8th Street530 m

Parks (5+)

  • Chief Dan George Park319 m
  • Unnamed412 m
  • Chief Mathias Joe Park450 m
  • Emerald Park522 m
  • Sam Walker Park574 m

Nearby places data: © OpenStreetMap contributors.

School district: North Vancouver (SD44)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($479,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,918,400.00
Periodic payment — Principal & Interest (monthly)$12,376.87
Additional monthly expenses (strata, tax, utilities, etc.)$600.78
Total monthly cost$12,977.64
Interest paid over 5-yr term$549,818.95
Balance at end of term$1,725,607.00

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$479,600
Stress test qualifying rate8.09%
Payment you must qualify for$14,751.82

Cash Needed at Closing

Minimum down payment$479,600
Estimated BC PTT$49,940
Legal / closing costs (typical estimate)$1,500
Total cash needed$531,040

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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