Property Type: Land / LotOwnership: Freehold

946 MONTROYAL BOULEVARD

North Vancouver, BC V7R2H1

$2,199,000

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Property Details

Property & Lot

Lot size
7,920 square feet
Frontage
66 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$5,662.17 (2025)

Interior

Fireplace
None

Listing Information

MLS®
R3147913
Listed
July 20, 2026
Time on market
On the market for 42 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal Pacific Lions Gate Realty Ltd. · Data source: CREA DDF.

Description

Rare development opportunity in the heart of Canyon Heights! This prime 7,920 square ft flat parcel (66' x 120') offers exceptional subdivision and multi-unit development potential in one of the District of North Vancouver´s most coveted neighborhoods. Under current DNV zoning frameworks and BC's Small-Scale Multi-Unit Housing (SSMUH) guidelines, this expansive lot is a prime candidate for a split into two highly lucrative 33' front-footage single-family lots, each capable of hosting a luxury custom home with a secondary suite or a detached coach house. Alternatively, explore high-density multiplex options to maximize your ROI. Situated within the elite Handsworth Secondary and Canyon Heights Elementary catchments, and just minutes away from the vibrant shops of Edgemont Village. Outdoor recreation is at your doorstep with Grouse Mountain and Capilano trails nearby. Build, subdivide, or develop a multi-family masterpiece in a great North Shore location. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

North Vancouver average

$1,253/sqft

5 active listing(s)

Parking: Not indicatedStorage 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

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.

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
Canyon Heights ElementaryElementary414 m
Montroyal ElementaryElementary579 m
Handsworth SecondarySecondary648 m
Cleveland ElementaryElementary1.5 km
Braemar ElementaryElementary1.9 km
Highlands ElementaryElementary2.0 km
Mountainside SecondarySecondary2.1 km
Andre-PiolatK-122.4 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 Highland Blvd @ Montroyal Blvd93 m
Southbound Highland Blvd @ Montroyal Blvd113 m
Northbound Highland Blvd @ Belvedere Dr197 m
Southbound Highland Blvd @ Belvedere Dr234 m
Westbound Prospect Ave @ Sarita Ave294 m

Nearby Places

Restaurants (1)

  • Sushi Mori · 4740 Capilano Road750 m

Grocery (1)

  • Henry's Grocery753 m

Parks (5+)

  • Sarita Park437 m
  • Alpine Park569 m
  • Lions Corner Park574 m
  • Malaspina Park700 m
  • Cleveland Park714 m

Nearby places data: © OpenStreetMap contributors.

School district: North Vancouver (SD44)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($439,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,759,200.00
Periodic payment — Principal & Interest (monthly)$11,349.76
Additional monthly expenses (strata, tax, utilities, etc.)$471.85
Total monthly cost$11,821.61
Interest paid over 5-yr term$504,191.78
Balance at end of term$1,582,406.09

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$439,800
Stress test qualifying rate8.09%
Payment you must qualify for$13,527.63

Cash Needed at Closing

Minimum down payment$439,800
Estimated BC PTT$43,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$485,270

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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