5481 INDIAN RIVER DRIVE
North Vancouver, BC V7G2T7
$1,999,999
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 20,296 square feet
- Frontage
- 116.4 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,756.19 (2025)
Interior
- Heating
- Forced air, Electric
- Fireplace
- Yes (2)
Exterior & Lot
- Pool
- Outdoor pool
Parking
- Total spaces
- 5 — covered indicated
- Features
- Carport
Listing Information
- MLS®
- R3127354
- Listed
- May 25, 2026
- Time on market
- On the market for 98 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Sussex · Data source: CREA DDF.
Description
On Indian River Drive in North Woodlands, is a private almost 1/2 ACRE property w a 46 yr. old custom built home with a working artist´s studio. Open floor plan up has a large kitchen, dining, living area w den, 3 beds, 2 baths, play room, 2 decks with OCEAN VIEWS, 1 deck overlooking the sparkling POOL + Alan creek. Down: 1 bed w bath, laundry, office + access to the huge artist studio, potting shed + attached greenhouse. The surrounding area is lush forest + quiet neighbourhood. More than ample space for RV /boat storage on site. 8 minute drive to Parkgate, schools, golf club. The views of Burrard Inlet are the star of the location from all of the bright south facing windows. This home and has served the family well in their time. This rare opportunity could be yours! (id:63159)
Values & Trends
This listing
$590/sqft
Building average
—
No other active listings in this building
North Vancouver average
$895/sqft
281 active listing(s)
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
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
| School | Type | Distance |
|---|---|---|
| Cove Cliff Elementary | Elementary | 2.8 km |
| Seycove Secondary Community | Secondary | 3.3 km |
| Dorothy Lynas Elementary | Elementary | 3.6 km |
| St. Pius X Elementary School(Independent) | Elementary | 4.2 km |
| Sherwood Park Elementary | Elementary | 4.6 km |
| Anmore Elementary | Elementary | 5.7 km |
| Blueridge Elementary | Elementary | 5.9 km |
| Lions Gate Christian Academy(Independent) | K-12 | 6.1 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
No TransLink stops within an ~10-minute walk.
School district: North Vancouver (SD44)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($400,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.





