$2,550,000

1061 PROSPECT AVENUE

North Vancouver · MLS® R3140164

4 bed · 2 bath · 2,000 sq ft · 8,712 sq ft lot · 1 parking

House · Single Family · 103 days on market

Listed by Jon Pezzente, Sutton Group-West Coast Realty

Premier Canyon Heights development opportunity featuring 2 LEGAL PIDs with no subdivision required. An opportunity for a builder to immediately advance one of North Vancouver's detached residential sites. The existing home has been demolished, substantial pre-development work has been completed & plans are available for 2 exceptional 3300+ sq. ft. residences, allowing you to move directly toward Building Permit applications. Perfectly positioned across from Cleveland Park & just steps to the scenic trails of Cleveland Dam, these future homes will appeal to families seeking an unmatched blend of nature & convenience. Enjoy easy access to top-rated schools, Edgemont Village, Grouse Mountain & Highway 1. Both homes are designed with sunny south-facing backyards & views of Grouse Mountain.

Type: House, Single Family
Bedrooms: 4
Bathrooms: 2
Living area: 2,000 sq ft
Lot: 8,712 sq ft
Parking: 1
Days on market: 103
MLS®: R3140164

Price per sq ft: $1,275 vs $799 median for houses in North Vancouver for sale (329)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Central location

On market 103 days

Listed now: 29 days; median for 330 houses for sale; this one 103 days

Houses in North Vancouver. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$11,110/mo

Mortgage $11,110

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$11,110/ monthly

loan $2,040,000

25-year amortization

down payment20% · $510,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,293,032
property transfer tax: $54,500; BC general rate
cash to close: $564,500; down + PTT
total paid: $3,333,032

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.

North VancouverGoogle Maps ↗