Property Type: Land / LotOwnership: Freehold

LOT 2 3091 ROYAL AVENUE

North Vancouver, BC V7K1Y6

$1,525,000

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Property Details

Property & Lot

Lot size
8,287 square feet
Frontage
118 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Listing Information

MLS®
R3143983
Listed
July 8, 2026
Time on market
On the market for 54 days
Data last synced
August 28, 2026

Listing provided by: Stilhavn Real Estate Services · Data source: CREA DDF.

Description

RARE BUILD READY OPPORTUNITY IN LYNN VALLEY. A rare chance to secure an approx. 8,300 sq.ft. bright corner building lot in one of North Vancouver´s most sought after neighbourhoods. Site clearing, servicing, and tree removal as outlined in the arborist report are scheduled for completion by late June or early July as part of the final subdivision conditions, fully paid for by the sellers. An incredible opportunity for builders, investors, or families looking to create a custom home on a prime blank canvas with substantial prep work and development costs already addressed. Rarely do ready to build lots of this size and quality come available in Lynn Valley. Close to top schools, parks, trails, and everyday amenities. Call for full development details and information (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

7

1/9 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
Boundary ElementaryElementary393 m
Vancouver Waldorf School(Independent)K-12735 m
Carisbrooke ElementaryElementary780 m
Cousteau L'ecole Francaise Interna'le(Independent)Elementary/Middle963 m
Argyle SecondarySecondary1.1 km
Queensbury ElementaryElementary1.1 km
Sutherland SecondarySecondary1.3 km
Lynn Valley ElementaryElementary1.3 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
Eastbound E 29 St @ Tempe Glen Dr197 m
Westbound E 29 St @ Duchess Ave205 m
Eastbound E 29 St @ Brand St295 m
Westbound E 29 St @ William Ave329 m
Westbound E 29 St @ Somerset St346 m

Nearby Places

Parks (5+)

  • Princess Park248 m
  • Unnamed574 m
  • Unnamed575 m
  • Unnamed577 m
  • Tempe Heights Park596 m

Nearby places data: © OpenStreetMap contributors.

School district: North Vancouver (SD44)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($305,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,220,000.00
Periodic payment — Principal & Interest (monthly)$7,871.03
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$7,871.03
Interest paid over 5-yr term$349,655.51
Balance at end of term$1,097,393.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$305,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,381.37

Cash Needed at Closing

Minimum down payment$305,000
Estimated BC PTT$28,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$335,000

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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