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$1,999,900

279 ORWELL STREET

North Vancouver · MLS® R3161988

2,409 sq ft · 4,026 sq ft lot · 2 parking

House · Single Family · built 1980 · 32 days on market

Listed by Elliott Chun, The Partners Real Estate

Realtor's description

Prime LAND ASSEMBLY opportunity in the District of North Vancouver! Located at Bond & Orwell, directly beside the newly upgraded Phibbs Exchange, this property and neighbouring lots are within the Tier 4 Transit-Oriented Development Area (First Ring), supporting potential development up to 12 storeys and 4.0 FSR before variances (buyer to verify with DNV). This 4,026 sq. ft. corner lot offers valuable LANEWAY ACCESS and extends into the cul-de-sac leading directly to Phibbs Exchange. Three-lot assembly totals 19,866 SQ. FT. Steps to the rapidly evolving Seylynn Village, parks, shops, services and Spirit Trail. Exceptional transit connectivity with Highway 1 just two turns away.

Property details

Type: House, Single Family
Living area: 2,409 sq ft
Lot: 4,026 sq ft
Parking: 2
Year built: 1980
Property tax: $4,337 / yr
Days on market: 32
MLS®: R3161988

Features

Central location
Cul-de-sac

Price check

Typical for the area (+4.2%)

2026 assessment: $1,382,000 · asking is +45%
Price per sq ft: $830 vs $796 median for houses in North Vancouver for sale (320)

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.

Property insights

On market 32 days · no price changes so far

The market here

Listed now: 31 days; median for 338 houses for sale; this one 32 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,382,000	$4,536

The listing shows $4,337 a year in property tax.

Estimate: the BC Assessment value times North Vancouver's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$9,075/mo

Mortgage $8,713 · Tax $361

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$8,713/ monthly

loan $1,599,920

25-year amortization

down payment20% · $399,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,014,092
property transfer tax: $37,998; BC general rate
cash to close: $437,978; down + PTT
total paid: $2,614,012

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.

Location

Lot outline: 374 m² (4,026 sq ft) · PID 014-564-173. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

North VancouverGoogle Maps ↗

Location

North VancouverGoogle Maps ↗

Schools

Catchment schools, North Vancouver School District 44

Elementary Lynnmour Elementaryhomes in this catchment
900 m away · 800 Forsman Ave, North Vancouver · 604-903-3590
Secondary Windsor Secondaryhomes in this catchment
2.4 km away · 931 Broadview Dr, North Vancouver · 604-903-3700

From the North Vancouver School District 44's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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