Property Type: Detached HouseOwnership: Freehold

5439 INDIAN RIVER DRIVE

North Vancouver, BC V7G2T7

$3,898,888

4 bed3 bath5 parking3,339 sqftBuilt 1985
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Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
29,620 square feet
Frontage
106 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$11,851.24 (2026)

Interior

Heating
Electric
Fireplace
Yes (1)
Appliances
All

Exterior & Lot

View
View
Waterfront
Waterfront

Building

Parcel ID (PID)
009-298-355

Parking

Total spaces
5 — covered indicated
Features
Carport

Listing Information

MLS®
R3158319
Listed
August 24, 2026
Time on market
On the market for 7 days
Tax assessment year
2026
Data last synced
August 31, 2026

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

Description

A WATERFRONT LIKE NO OTHER. Drive up to your private, flat oceanfront sanctuary on 3/4 acre-a rare luxury in Woodlands. This exceptionally large, SOUTH-facing property offers 100' of waterfront, gentle low-bank access, sandy beach, and deep-water moorage from your private dock. Boat, swim, kayak, paddleboard, fish or simply unwind beside the water. A cascading waterfall creates a tranquil forest backdrop, while expansive lawns, mature landscaping, abundant parking, boat shed and separate office/guest cabin complete the estate. The 4-bedroom home embraces indoor/outdoor living with glass walls and multiple doors opening to decks overlooking the ocean. A rare combination of road access, usable land, privacy and waterfront-while living 16 minutes from Ironworkers Bridge. (id:63159)

Values & Trends

This listing

$1,168/sqft

Building average

No other active listings in this building

North Vancouver average

$893/sqft

281 active listing(s)

Parking: 5 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

17°C

Humidity 66%

Wind NE 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 ElementaryElementary2.7 km
Seycove Secondary CommunitySecondary3.3 km
Dorothy Lynas ElementaryElementary3.5 km
St. Pius X Elementary School(Independent)Elementary4.2 km
Sherwood Park ElementaryElementary4.6 km
Anmore ElementaryElementary5.6 km
Blueridge ElementaryElementary5.9 km
Lions Gate Christian Academy(Independent)K-126.0 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

No TransLink stops within an ~10-minute walk.

School district: North Vancouver (SD44)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($779,778) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,119,110.00
Periodic payment — Principal & Interest (monthly)$20,123.44
Additional monthly expenses (strata, tax, utilities, etc.)$1,154.60
Total monthly cost$21,278.04
Interest paid over 5-yr term$893,945.89
Balance at end of term$2,805,649.53

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$779,778
Stress test qualifying rate8.09%
Payment you must qualify for$23,984.87

Cash Needed at Closing

Minimum down payment$779,778
Estimated BC PTT$112,944
Legal / closing costs (typical estimate)$1,500
Total cash needed$894,222

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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