Vancouver Price Drop

Documenting Vancouver real estate price movements

Category Archives: Spotlight North Vancouver

North Vancouver Spotlight – June 16, 2013

Here are the top 10 most desperate properties in North Vancouver

The formula attempts to determine the level of desperation for a particular home by looking at price drops and relistings and weighting them based on the size of the drop and how recently it happened.


#10) Address:4666 LOCKEHAVEN PL, Deep Cove, North Vancouver

June 11, 2012 V955934 $1,179,000 $0 0%
July 26, 2012 V955934 $1,129,000 $-50,000 -4%
August 13, 2012 V955934 removed after 63 days
August 17, 2012 V966871 $1,129,000 $-50,000 -4%
September 05, 2012 V966871 $1,128,000 $-51,000 -4%
October 02, 2012 V966871 $1,089,000 $-90,000 -8%
January 03, 2013 V966871 $999,000 $-180,000 -15%
March 08, 2013 V966871 removed after 203 days
April 03, 2013 V998535 $979,000 $-200,000 -17%
May 22, 2013 V998535 removed after 49 days
May 28, 2013 V1009067 $979,000 $-200,000 -17%

v1009067_1

Current Days on Market: 371 (1.02years)
Current ‘Official’ Days on Market: 20
2012 Assessment: $1,037,000
Desperation Score: 31.3

5 price drops and 4 MLS numbers since last June earn this home a spot in the top 10

Deep Cove C-D-S SUNBELT! Custom built 3 level, 4 BR, 2.5 BT, DBL carport, Mediterranean Style home blessed with all day unobstructed sunshine enjoyed on massive wrap around ent. sundeck or indoors through multi skylights/walls of windows compliments of unique mtn/sun corridor location mid street sweet spot S.facing dble wide & deep 66′ x 132′ mostly level lush private 8712 sqft super lot! K-Grade 12, mins walk to great schools, parks, Cove, shops, beaches, nature trails! 2012 updates inc. All new Energy Star vinyl dble windows/glass sliders, high effic. furn ext paint, sundeck railings perimeter re-surface, granite eat-in kitch, 2011 new torch on roof, up 2013 Assessed Value $1,037,000.INCREDIBLE VALUE oppor to be on $1M + St!


#9 ) Address:973 CLEMENTS AV, Canyon Heights, North Vancouver

May 21, 2012 V951500 $1,100,000 $0 0%
June 12, 2012 V951500 $989,000 $-111,000 -10%
July 16, 2012 V951500 removed after 56 days
July 20, 2012 V962970 $925,000 $-175,000 -16%
September 05, 2012 V962970 removed after 47 days
September 12, 2012 V970537 $899,000 $-201,000 -18%
November 06, 2012 V970537 removed after 55 days
April 13, 2013 V1000850 $838,000 $-262,000 -24%
June 11, 2013 V1000850 $799,000 $-301,000 -27%

v1000850_1

Current Days on Market: 392 (1.07years)
Current ‘Official’ Days on Market: 65
2012 Assessment: $1,124,000
Desperation Score: 31.4

This home is now listed for almost 30% BELOW assessment

Seize this opportunity to build your dream home in Canyon Heights for a fraction of the price. Offering this very private 66 by 120 property, located on a cul-de-sac and sitting on a beautiful greenbelt and creek side location. The property is ideally located close to Edgemont Village, some of the best North Shore schools, numerous parks and Grouse Ski Resort. SYNTHESIS Design has drafted plans for a modern 3700 sq.ft home, value is primarily in the land. All District Streamside requirements being fullfilled by current owner for new build guidelines, hassle free build once complete.


#8 ) Address:750 FORSMAN AV, Lynnmour, North Vancouver

August 13, 2011 V878754 $1,548,000 $0 0%
August 20, 2011 V878754 $1,518,000 $-30,000 -2%
August 26, 2011 V878754 $1,388,000 $-160,000 -10%
January 14, 2012 V878754 $1,658,000 $0 0%
March 13, 2012 V878754 $1,388,000 $-270,000 -16%
June 07, 2012 V878754 removed after 299 days
November 15, 2012 V980122 $1,188,000 $-470,000 -28%
December 05, 2012 V980122 $1,288,000 $-370,000 -22%
December 10, 2012 V980122 $1,298,000 $-360,000 -22%
January 25, 2013 V980122 $1,346,000 $-312,000 -19%
February 07, 2013 V980122 $1,388,000 $-270,000 -16%
May 25, 2013 V980122 $1,360,000 $-298,000 -18%
June 06, 2013 V980122 $1,320,000 $-338,000 -20%

v980122_1

Current Days on Market: 674 (1.85years)
Current ‘Official’ Days on Market: 214
2012 Assessment: $714,800
2011 Assessment: $676,800
Desperation Score: 31.7

Ping Pong Pricing in action here.  Starting with a 20% price increase back in 2012 after sitting on the market for 4 months.  They the relist in November for $1.19 million and increase the price 4 times in a row all the way up to $1.39 million before now entering into a descent.  Currently priced at close to 90% OVER assessment!!!  

Developer Alert! This 9,333 sq ft corner property permits triplex & 3 storey townhomes at 0.8 FSR by approval of District of North Vancouver. Adjacent 1562 E. Keith Rd is available (MLS V904916), combined total 18,476 sq ft. Cul-de-sac, towering cedars are buffer to roadway, recreation, greenbelt, equestrian centre, Lynn Creek, Seymour River, multiple parks, dog walking trails, schools, University, super shopping, theatre, restaurants, etc. Excellent bus service. This location has the fastest access to Greater Vancouver from the North Shore. View by appointment or from streets, do not disturb occupants. Seller motivated.


#7 ) Address:4904 CHALET PL, Canyon Heights, North Vancouver

February 18, 2007 V631224 $1,698,000 $0 0%
May 10, 2007 V631224 removed after 81 days
May 19, 2007 V648228 $1,698,000 $0 0%
August 31, 2007 V648228 removed after 104 days
September 07, 2007 V666836 $1,698,000 $0 0%
November 16, 2007 V666836 removed after 70 days
June 14, 2012 V956558 $2,198,000 $0 0%
September 05, 2012 V956558 $2,098,000 $-100,000 -5%
October 16, 2012 V956558 removed after 124 days
October 19, 2012 V977166 $2,078,000 $-120,000 -5%
December 14, 2012 V977166 $1,980,000 $-218,000 -10%
January 19, 2013 V977166 removed after 92 days
February 17, 2013 V991221 $1,898,000 $-300,000 -14%
April 20, 2013 V991221 $1,849,000 $-349,000 -16%
May 12, 2013 V991221 removed after 84 days
June 02, 2013 V1009863 $1,828,000 $-370,000 -17%

v1009863_1

Current Days on Market: 368 (1.01years)
Current ‘Official’ Days on Market: 15
2012 Assessment: $1,829,00
Desperation Score: 32.2

After 17% in price drops they are now listed below assessment

Location plus, just above Montroyal, city view! Virtually new, very classy with 4 big BR up (each with bath), open plan main with warm wood floors throughout, stunning gourmet kitchen with 6 burner gas range & butlers pantry. Lower level offers recreation area & great suite potential…air conditioned throughout. Extremely private fenced yard abuts greenspace, paver patios front & rear. Large covered hot tub, gas fireplace outside – the entertainer! Easy, level driveway. Truly, shows like NEW! Easy to view.


#6 ) Address:1410 WOODS DR, Capilano, North Vancouver

January 22, 2007 V627048 $678,000 $0 0%
February 06, 2007 V627048 removed after 15 days
July 22, 2012 V963346 $2,077,000 $0 0%
September 29, 2012 V963346 $1,949,000 $-128,000 -6%
January 15, 2013 V963346 removed after 177 days
January 18, 2013 V985761 $1,869,000 $-208,000 -10%
March 02, 2013 V985761 $1,799,500 $-277,500 -13%
March 13, 2013 V985761 $1,779,900 $-297,100 -14%
May 25, 2013 V985761 $1,749,900 $-327,100 -16%
June 07, 2013 V985761 $1,699,970 $-377,030 -18%

v985761_1

Current Days on Market: 330 (0.90years)
Current ‘Official’ Days on Market: 150
2012 Assessment: $1,583,000
Desperation Score: 33.1

This one is actually surprising to me since homes in this area are being snapped up relatively quickly and this one seems like a very nice place at a very good price at least when compared to other properties in the area.  There is no backyard which I suppose is the reason it has been sitting.  5 price drops so far this year and 7 overall.

Magnificent and immaculate, custom built, just like new luxury modern 3 level home, steps to highly desirable Edgemont Village. Located on a very quiet child-friendly street. Top-of-the-line finishing throughout.Meticulous landscapingcomplete with classic stone exterior finish. Exceptional interior with ultra deluxe entertainer’s kitchen includes massive granite island, top-of-the-line appliances, rich cabinetry and open plan family room. Spacious master complete with elegant ensuite. You will appreciate the quality throughout this home. Visit listing agent’s website for more photos and detailed property information.OPEN HOUSE: Saturday, June 15th from 2:30 to 4:00pm AND Tuesday, June 18th from 10:30am to 12:00pm


#5 ) Address:1130 HANDSWORTH RD, Canyon Heights, North Vancouver

August 21, 2009 V782972 $965,000 $0 0%
September 11, 2009 V782972 $929,000 $-36,000 -4%
September 23, 2009 V782972 $889,000 $-76,000 -8%
October 07, 2009 V782972 $859,000 $-106,000 -11%
October 22, 2009 V782972 removed after 62 days
March 06, 2013 V994016 $1,750,000 $0 0%
March 20, 2013 V994016 $1,678,000 $-72,000 -4%
May 02, 2013 V994016 removed after 57 days
May 05, 2013 V1005327 $1,598,800 $-151,200 -9%
May 30, 2013 V1005327 $1,545,000 $-205,000 -12%
June 11, 2013 V1005327 removed after 37 days
June 13, 2013 V1012234 $1,499,000 $-251,000 -14%

v1012234_1

Current Days on Market: 103 (0.28years)
Current ‘Official’ Days on Market: 4
2012 Assessment: $1,152,800
Desperation Score: 33.1

4 price drops in 3 months on this renovation

An Absolutely Stunning Renovation. Feel the spaciousness and uncompromising quality upon walking through the front door of this fabulous Family Home. Gourmet chefs kitchen, custom cabinets, SS appliances, quartz counters, and entertaining size island. Beautiful maple floors throughout, huge dining area and living room with wood fireplace. New cedar deck, new roof, windows, rainscreened siding, floors, crown moldings, kitchen, bathrooms – it’s effectively new home. 3 large bedrooms, 2 full baths up and 2 bdrm nanny suite down. Large 10,800 sf lot, with sunny & private backyard. Great family neighborhood just a short walk to Handsworth Secondary and Canyon Heights Elementary. Open House this SAT: 12-2 pm and SUN: 2-4pm.


#4 ) Address:967 ROSLYN BV, Dollarton, North Vancouver

February 26, 2012 V933878 $3,750,000 $0 0%
March 27, 2012 V933878 $3,690,000 $-60,000 -2%
April 18, 2012 V933878 $3,288,000 $-462,000 -12%
May 16, 2012 V933878 $2,980,000 $-770,000 -21%
June 15, 2012 V933878 $2,750,000 $-1,000,000 -27%
July 25, 2012 V933878 removed after 150 days
August 10, 2012 V965789 $2,690,000 $-1,060,000 -28%
January 03, 2013 V965789 removed after 146 days
February 15, 2013 V990537 $2,388,000 $-1,362,000 -36%
June 06, 2013 V990537 $2,329,000 $-1,421,000 -38%

v990537_1

Current Days on Market: 477 (1.31years)
Current ‘Official’ Days on Market: 122
2012 Assessment: $2,255,000
2011 Assessment: $1,840,000
Desperation Score: 37.0

Down 1.4 million and 38% in a little over a year…  This is another home that I think is really well priced (after $1.4 million in drops!)

This home has everything! Located a short walk from the oceanside, this custom built home occupies a sunny 1/3 acre private lot with water views. Featuring over 5,000 sqft, this 7 bedroom dream home has everything including; theatre, entertainment sized gourmet chef’s kitchen, 2 bedroom suite, swimming pool with fireplace and waterfalls, Koi pond, large flat backyard with gorgeous waterfalls. This is the perfect family home and it won’t last long. Priced well below replacement cost, this incredible value and outstanding lifestyle on the North Shore!


#3 ) Address:2645 EDGEMONT BV, Edgemont, North Vancouver

April 26, 2012 V945680 $2,248,000 $0 0%
June 27, 2012 V945680 removed after 62 days
July 07, 2012 V960571 $2,098,800 $-149,200 -7%
July 20, 2012 V960571 removed after 13 days
September 08, 2012 V970125 $1,998,800 $-249,200 -11%
December 28, 2012 V970125 removed after 111 days
January 25, 2013 V986711 $1,998,000 $-250,000 -11%
March 05, 2013 V986711 removed after 39 days
March 13, 2013 V995172 $1,998,800 $-249,200 -11%
April 04, 2013 V995172 $1,890,000 $-358,000 -16%
June 11, 2013 V995172 removed after 90 days
June 15, 2013 V1012481 $1,798,800 $-449,200 -20%

v1012481_1

Current Days on Market: 417 (1.14years)
Current ‘Official’ Days on Market: 2
2012 Assessment: $1,283,000
Desperation Score: 37.1

1) you did not spend $500K on this renovation – maybe $200K and that’s being generous 2) I know that you shouldn’t judge a book by its cover but come on, that is an ugly looking house.  Should have spent a little bit of that renovation money on the exterior  3) Nice try with that $2.25 million asking price.  I distinctly remember seeing this listing when it first came on the MLS and I actually laughed.

Complete transformation with almost $500K spent in renovation to this over 4600 SF Edgemont home! No expense spared with quality finishings throughout & designer’s touched from top to bottom. Main floor boasts a fabulous layout with a lovely marbled entrance & large living & dining areas which leads to a massive casual entertainment space facing out towards a large deck & level backyard. Upper level offers 4 good size bedrooms plus a bonus large play/game room. Lower level features a rec/media room plus a self contained 2 bedroom inlaw accommodation. Other key features include metal roof, 2 car garage, level driveway & a short stroll to all of Edgemont Village’s amenities! Great value in this sought after neighborhood!


#2 ) Address:2888 PANORAMA DR, Deep Cove, North Vancouver

July 11, 2010 V841549 $17,900,000 $0 0%
June 07, 2011 V841549 removed after 331 days
June 09, 2011 V892989 $14,900,000 $-3,000,000 -17%
November 01, 2011 V892989 $12,998,000 $-4,902,000 -27%
April 24, 2012 V892989 $10,998,000 $-6,902,000 -39%
August 22, 2012 V892989 $8,990,000 $-8,910,000 -50%
December 02, 2012 V892989 removed after 542 days
December 10, 2012 V982221 $8,990,000 $-8,910,000 -50%
March 23, 2013 V982221 $7,990,000 $-9,910,000 -55%
May 30, 2013 V982221 $7,498,000 $-10,402,000 -58%

v982221_1

Current Days on Market: 1072 (2.94years)
Current ‘Official’ Days on Market: 189
2012 Assessment: $6,130,000
2011 Assessment: $5,947,000
Desperation Score: 38.3

Over $10 million and 58% in price drops yet still over assessment.  Spectacular home but still horribly overpriced

This magnificent WF estate on over 1/2 acre above Indian Arm’s most dramatic cliff & rock formations. This res is wrapped in 270 degrees of coastline vws. Exquisitely crafted, taking 6 painstaking yrs to perfect offering 12,922 sqft w/milled beams, slate roof, crafted w’dwork, natural stone & hardw’ds, vaulted ceilings, timber & steel beam constr, stone FP’s, Chef’s kit w/breakfast bar, EA, adj FR, grand DR priv study. Kids paradise down w/custom I/D bsketb’ll ct, state-of-the-art theatre, fabulous billiard rm w/wet bar, games rm w/professional dart board & air hockey arena. Most incredible hidden passage to a Old World wine cellar & guest accomm. BBQ centre, manicured lawns/gardens & OD F/P. A stunning work of art!


#1 ) Address:890 BROWNING PL, Blueridge, North Vancouver

December 13, 2012 V982498 $1,075,000 $0 0%
January 09, 2013 V982498 removed after 27 days
January 11, 2013 V984615 $900,000 $-175,000 -16%
January 30, 2013 V984615 removed after 19 days
February 08, 2013 V989497 $1,075,000 $0 0%
February 15, 2013 V989497 $1,030,000 $-45,000 -4%
February 19, 2013 V989497 $999,000 $-76,000 -7%
March 13, 2013 V989497 $998,000 $-77,000 -7%
March 27, 2013 V989497 $975,000 $-100,000 -9%
April 12, 2013 V989497 $965,000 $-110,000 -10%
June 04, 2013 V989497 $925,000 $-150,000 -14%

v989497_1

Current Days on Market: 186 (0.51years)
Current ‘Official’ Days on Market: 129
2012 Assessment: $841,000
Desperation Score: 41.9

A surprise new entry makes it to number 1 spot.  Dropped the price to $900K back in January where it did not sell then relisted at $1.075 million and after 6 price drops in 4 months it is still listed higher than the January price it did not sell for.  “Motivated Seller wants house sold in next 2 weeks.” – this has been part of their description since early March.  If they want out in 2 weeks they’ll need to list for a lot lower.  Pig Pong Principle Fail.  If they kept it at $900K back in January it probably would have sold and now, even if they relist at $900K, it will sit.

Located on a large landscaped lot, this home offers lots of possibilities for your lifestyle. Secluded position at the end of the cul-de-sac, fully fenced for a growing family, & extensive covered deck & patio. Offers 3200 SF of living space with 5 bedrooms & suite potential. Westerly forest views with beautiful sunsets. Conveniently located in the lower Blueridge area for fast access to Highway & downtown only 20 minutes away. Ideal family home & easily suitable. Features include vaulted ceilings, large windows & skylights. Motivated Seller wants house sold in next 2 weeks. Will consider all offers. OPEN HOUSE SATURDAY JUNE 8th 3-4:30

 

North Vancouver Spotlight – November 2, 2012

It’s been a month so once again here are the top 10 properties currently listed in North Vancouver with the largest overall drop in asking price since early March.

Some Highlights

  • It takes a 20% drop to make this top 10.  The previous 4 months were 20%, 20%, 18% and 15%
  • 3 of 10 listings are now below assessment

#10 ) Address:# PH1 567 LONSDALE AV, Lower Lonsdale, North Vancouver

February 25 V933850 $1,250,000 $0 0%
May 04 V933850 $1,150,000 $-100,000 -8%
Open House: May 20
Open House: Jun 03
June 06 V933850 $1,100,000 $-150,000 -12%
Open House: Jul 08, 15
July 28 V933850 $999,000 $-251,000 -20%
Open House: Aug 05, 12, 25
Open House: Sep 16, 23, 30
Open House: Oct 07, 14, 21

Assessment: $898,000

2 sales in this apartment averaging 6% ABOVE assessment.  This unit is currently listed 11% ABOVE assessment

Camellia Penthouse – Enjoy panoramic city, harbour and mountain views from this two-level penthouse. South West faciing 16’x12′ deck is perfect for entertaining. Featuring 16′ floor to ceiling windows, this stunningPenthouse offers plenty of room for house size furniture and family living. Enjoy the best of Lower Lonsdale close to everything – walk to Sea Bus and Lonsdale Quay shops and amenities. Quality concrete construction, this 2bedrm plus den is the perfect home. Open House Sun Oct 21 2-4 pm


#9 ) Address:3818 DOLLARTON HY, Roche Point, North Vancouver

April 04 V941153 $1,988,000 $0 0%
June 13 V941153 removed
June 23 V958306 $1,888,000 $-100,000 -5%
July 14 V958306 $1,699,000 $-289,000 -15%
September 01 V958306 removed
September 09 V970177 $1,588,000 $-400,000 -20%
October 03 V970177 removed
October 13 V976453 $1,588,000 $-400,000 -20%

Assessment: $1,027,000

Custom build Family Home on a substantial estate with private surrounding by district greenbelt. This 3,600 square foot ocean view home along the Burrard Inlet features tile roof, large master with deluxe ensuite, hardwood flooring, privateyard, deck, patio garden shed, etc. Close to Cates Park, Deep Cove, Mt. Seymour, Dollarton Shopping Centre, and schools (Seycove Secondary, Cove Cliff Elementary, Dorothy Lynas Elementary). Convenient location with public transit just half a block away, 10 minutes drive to Vancouver.


#8 ) Address:# 303 157 E 21ST ST, Central Lonsdale, North Vancouver

March 09 V927850 $374,500 $0 0%
April 13 V927850 $359,900 $-14,600 -4%
May 15 V927850 removed
May 26 V952542 $349,900 $-24,600 -7%
Open House: May 27
Open House: Jun 17, 24
Open House: Jul 21
August 03 V952542 $339,900 $-34,600 -9%
September 02 V952542 removed
October 03 V974513 $299,000 $-75,500 -20%
Open House: Oct 06

Assessment: $310,100

2 sales here last year averaging 11% ABOVE assessment and this unit is currently listed at 4% BELOW assessment

Why rent when you can own for less? Top floor, corner unit with beautiful mountain views. 2 bedrooms and 1 bathroom. 950 square feet and renovated from head to toe including new kitchen with maple cabinets, stainless steel appliances, European washer/dryer, new flooring, bathroom, drywall, lighting and paint. Large living room to accommodate full sized furniture and 2 spacious bedrooms. Located in Central Lonsdale within an easy stroll to the Rec Center, shopping and transit. 1 parking stall and storage locker. No Elevator – walk up.


#7 ) Address:3929 CAPILANO RD, Capilano Highlands, North Vancouver

July 21 V963163 $1,600,000 $0 0%
October 20 V963163 $1,250,000 $-350,000 -22%

Assessment: $941,900

Rare find. Half Acre property bordering on Capilano River natural untouched wilderness, very private. Flat level driveway leads to this oasis of privacy and nature. The home has been maintained with new roof this year. Good accomodation.Close to Handsworth & Cleveland schools, Transit, Recreation and the ever popular Edgemont Village. Fish from your own backyard. Call now to view this opportunity of a lifetime. Enjoy as is or build your dream mansion on this 22,259 sq ft lot (+/-5%)


#6 ) Address:1901 GLENAIRE DR, Pemberton, North Vancouver

August 29 V968365 $1,050,000 $0 0%
October 30 V968365 $818,000 $-232,000 -22%

Assessment: $784,000

Very livable home in this desirable area packed with amenities such as parks, riverside walks, shopping, transit access, new retail plaza & community center coming along with new residential high rise developments & senior facilities. Theselots are viewed as prime for redevelopment to higher density residential uses to compliment the new Village Center practically adjoining this quiet & well treed street. House has real hardwood floors & is in good condition. Rents in this area are quite high if used as a holding property. Perfect for holding or make application immediately for rezoning. Other lots and assembly into large sites available. OCP plans & info available. Call LS for details & other opportunities.


#5 ) Address:4507 CEDARCREST AV, Canyon Heights, North Vancouver

June 28 V959011 $1,325,000 $0 0%
August 04 V959011 $1,250,000 $-75,000 -6%
August 25 V959011 $1,175,000 $-150,000 -11%
September 19 V959011 $1,125,000 $-200,000 -15%
October 06 V959011 $1,075,000 $-250,000 -19%
October 27 V959011 $1,025,000 $-300,000 -23%

Assessment: $954,500

Canyon Heights 2 level, 4 bedroom, 2 bathroom 2,100 sq/ft family home on a large, private lot located on a quiet, low traffic street. Offering an L-shaped dining room and living room with wood burning fireplace, vaulted ceilings, and French doors to a covered deck. Completing the main is a kitchen, 4 piece bathroom, and 2 bedrooms. The suite potential, walk-out lower level offers a recreation room, two bedrooms, 4 piece bathroom, large utility room, and plenty of storage. Featuring a partially treed, private lot, with peek-a-boo view potential. Ideal to renovate, rent and hold, or redevelop. Ideal location minutes to Edgemont Village, and just a short walk to Canyon Heights Elem. and Handsworth Sec. Schools. Sold As Is, Where Is.


#4 ) Address:4785 CAPILANO RD, Canyon Heights, North Vancouver

May 12 V949678 $1,150,000 $0 0%
June 26 V949678 $1,025,000 $-125,000 -11%
September 22 V949678 $888,000 $-262,000 -23%

Assessment: $969,800

Attention! Location, size, location, bright, location, price. A fantastic huge, level, sunny lot backing onto the Capilano river & walking distance to schools, shopping, rec, parks & ski mountain. This type of lot rarely comes up & would suit someone wanting to work on the existing house & add on, or tear down altogether. Beautiful park like backyard. Place your dream palace on this heavenly lot!! BEWARE OF SECURITY DOG!!!


#3 ) Address:967 ROSLYN BV, Dollarton, North Vancouver

March 09 V933878 $3,750,000 $0 0%
March 28 V933878 $3,690,000 $-60,000 -2%
April 18 V933878 $3,288,000 $-462,000 -12%
May 16 V933878 $2,980,000 $-770,000 -21%
June 15 V933878 $2,750,000 $-1,000,000 -27%
July 25 V933878 removed
August 10 V965789 $2,690,000 $-1,060,000 -28%
Open House: Sep 29
Open House: Sep 30
Open House: Oct 28
Open House: Nov 04

Assessment: $1,840,000

Spectacular Westcoast contemporary 5000 SF luxury home in seldom available Deep Cove, Dollarton area. Features incl 7 large bedrooms, 6 baths & 2 laundry rooms. Top floor incl 5 bedrooms & 3 full baths. The master has a huge ensuite with soaker tub, walk in closet & balcony features vaulted ceiling, indoor water fall & exceptionally bright with oversize windows facing ocean. The gourmet kitchen is equipped with high end S/S appls, 2 sinks & granite counters. A massive granite island completes this custom designed space. Lower level features a prof theatre room, office & high end 2 bdrm legal suite. The home boasts an attached triple car garage, inground salt water pool & hot tub. Open House, Sun Nov. 4th, 2-4pm.


#2 ) Address:1038 KILMER RD, Lynn Valley, North Vancouver

March 09 V931691 $1,465,000 $0 0%
May 02 V931691 removed
May 04 V947739 $1,298,000 $-167,000 -11%
Open House: Jun 02
Open House: Jun 30
September 24 V947739 removed
October 04 V975050 $1,049,000 $-416,000 -28%
Open House: Nov 04

Assessment: $1,213,000

This 4000 sq ft home features 5 bedrooms, 5 baths which include large open living spaces throughout the house. The home takes in a view from most rooms, which are virtually unobstructed from as far south as White Rock, Burnaby Mountain & Mt. Baker. The large kitchen has lots of cupboard space (maple cabinets, slate floors w/radiant heat, granite counters). Four good size bedrooms and den are on the upper floor. Other bonuses are large double car garage, a registered 1 bedroom suite, large private deck in the rear with a hot tub, very private low maintenance yard and all on a quiet cul-de-sac with easy walking distance to schools, transit and shopping.


#1 ) Address:2888 PANORAMA DR, Deep Cove, North Vancouver

March 09 V892989 $12,998,000 $0 0%
April 24 V892989 $10,998,000 $-2,000,000 -15%
August 22 V892989 $8,990,000 $-4,008,000 -31%

Assessment: $5,947,000

This magnificent WF estate on over 1/2 acre above Indian Arm’s most dramatic cliff & rock formations. This res is wrapped in 270 degrees of coastline vws. Exquisitely crafted, taking 6 painstaking yrs to perfect offering 12,922 sqft w/milled beams, slate roof, crafted w’dwork, natural stone & hardw’ds, vaulted ceilings, timber & steel beam constr, stone FP’s, Chef’s kit w/breakfast bar, EA, adj FR, grand DR priv study. Kids paradise down w/custom I/D bsketb’ll ct, state-of-the-art theatre, fabulous billiard rm w/wet bar, games rm w/professional dart board & air hockey arena. Most incredible hidden passage to a Old World wine cellar & guest accomm. BBQ centre, manicured lawns/gardens & OD F/P. A stunning work of art!

Spotlight North Vancouver – September 24, 2012

It’s been a month so once again here are the top 10 properties currently listed in North Vancouver with the largest overall drop in asking price since early March.  Please note that the listings are now in reverse order so starting with #10 and going up to #1

Some Highlights

  • It takes a 20% drop to make this top 10.  The previous 4 months were 20%, 18%, 15% and 14%
  • 3 of 9 listings are now below assessment
  • 2 listings have dropped over $1 million, one of those over $4 million and in fact it apparently has dropped much more since last year before my information was available PLUS it is still $3 million OVER assessment!

#10 ) Address:39 JOHNSON BY, Indian Arm, North Vancouver

March 14 V936863 $1,998,000 $0 0%
July 17 V936863 $1,598,000 $-400,000 -20%

Assessment: No Assessment Available

The most stunning property of Indian Arm is now available! This family legacy estate features approx 1200 ft of waterfront with well built 2500 sq ft home and guest suite. Incredible setting with easy access to the city.20 minutes by boat to Deep Cove yet you feel like you could be in one of the most remote areas of B.C. Live off the grid with your own hydro power supply and enjoy an incredible self sufficient lifestyle. 5 acres of pristine waterfront just minutes away from the city. This would be an ideal group, organization or multi-family retreat purchase. Bonus: Separate suite below with kitchen! What an opportunity!


#9 ) Address:# PH1 567 LONSDALE AV, Lower Lonsdale, North Vancouver

February 25 V933850 $1,250,000 $0 0%
May 04 V933850 $1,150,000 $-100,000 -8%
Open House: May 20
Open House: Jun 03
June 06 V933850 $1,100,000 $-150,000 -12%
Open House: Jul 08
Open House: Jul 15
July 28 V933850 $999,000 $-251,000 -20%
Open House: Aug 05
Open House: Aug 12
Open House: Aug 25
Open House: Sep 16
Open House: Sep 23

Assessment: $898,000

2 sales in this apartment averaging 6% ABOVE assessment.  This unit is currently listed 11% ABOVE assessment

Camellia Penthouse – Enjoy panoramic city, harbour and mountain views from this two-level penthouse. South West faciing 16’x12′ deck is perfect for entertaining. Featuring 16′ floor to ceiling windows, this stunningPenthouse offers plenty of room for house size furniture and family living. Enjoy the best of Lower Lonsdale close to everything – walk to Sea Bus and Lonsdale Quay shops and amenities. Quality concrete construction, this 2bedrm plus den is the perfect home. Open House Sun Sept 23 2-4 pm


#8 ) Address:3818 DOLLARTON HY, Roche Point, North Vancouver

April 04 V941153 $1,988,000 $0 0%
June 13 V941153 removed
June 23 V958306 $1,888,000 $-100,000 -5%
July 14 V958306 $1,699,000 $-289,000 -15%
September 01 V958306 removed
September 09 V970177 $1,588,000 $-400,000 -20%

Assessment: $1,027,000

Custom built 16 years old, 3600 sq ft family home on a 1/2 acre lot surrounded by district greenbelt (quite & private well back from the street). Features tile roof, hot water/radiant heat, hardwood flooring, large master w/sitting area, deluxe ensuite, large deck, legal suite, deck, patio, private yard, garden shed, etc. Walk to Cates Park & transit, close to Dollar Shopping Centre. Combine with next door property (also 1/2 acre approx) for a potential 4-5 lot ocean view subdivision! Move in now & develop later.


#7 ) Address:# 208 141 W 13TH ST, Central Lonsdale, North Vancouver

March 14 V937066 $399,900 $0 0%
March 22 V937066 $389,000 $-10,900 -3%
April 20 V937066 $378,000 $-21,900 -5%
April 25 V937066 removed
April 27 V946035 $378,000 $-21,900 -5%
May 15 V946035 $363,000 $-36,900 -9%
May 29 V946035 $348,000 $-51,900 -13%
Open House: Jun 03
June 15 V946035 $331,000 $-68,900 -17%
June 28 V946035 $318,000 $-81,900 -20%

Assessment: $427,000

One sale in this unit last year for 7% BELOW assessment and this one is currently listed over 25% BELOW assessment

X-tra large 2 bedroom/1.5 baths (1173 sq/ft) South West VIEW corner suite. Outstanding features: sunken living room, terrace dining room, fireplace, 2 balconies, huge master bedroom with ensuite,insuite laundry, insuite storage, wing to wing bedrooms & more. Fantastic 13th & Lonsdale location.


#6 ) Address:360 E 25TH ST, Upper Lonsdale, North Vancouver

March 24 V939001 $928,000 $0 0%
April 21 V939001 $898,000 $-30,000 -3%
May 17 V939001 $848,000 $-80,000 -9%
Open House: May 19
Open House: May 26
May 30 V939001 $799,900 $-128,100 -14%
Open House: Jun 02
Open House: Jun 03
Open House: Jun 10
Open House: Jun 23
June 27 V939001 removed
July 02 V959830 $779,000 $-149,000 -16%
Open House: Jul 08
Open House: Jul 15
July 24 V959830 $778,888 $-149,112 -16%
Open House: Aug 11
August 08 V959830 $728,000 $-200,000 -22%

Assessment: $701,100

“For this quality house, with a suite, it is the best value on the North Shore”  Apparently not since it hasn’t sold and is still well above assessment.  Also, if it is good value now then what about when it first listed $200K higher?

Large corner lot. House totally upgraded. High yew hedge provides privacy. South west city views. Fantastic starter home or suitable for a small family with excellent revenue stream from the suite which is bright,airy and fully equipped. Both suites have independent laundry and separate outside entrance. For this quality house, with a suite, it is the best value on the North Shore.OPEN HOUSE, SATURDAY 2-4


#5 ) Address:4785 CAPILANO RD, Canyon Heights, North Vancouver

May 12 V949678 $1,150,000 $0 0%
June 26 V949678 $1,025,000 $-125,000 -11%
September 22 V949678 $888,000 $-262,000 -23%

Assessment: $969,800

“BEWARE OF SECURITY DOG!!!”

Attention! Location, size, location, bright, location, price. A fantastic huge, level, sunny lot backing onto the Capilano river & walking distance to schools, shopping, rec, parks & ski mountain. This type of lot rarely comes up & would suit someone wanting to work on the existing house & add on, or tear down altogether. Beautiful park like backyard. Place your dream palace on this heavenly lot!! BEWARE OF SECURITY DOG!!!


#4 ) Address:615 E KEITH RD, Queensbury, North Vancouver

March 09 V934896 $1,079,000 $0 0%
March 24 V934896 $988,000 $-91,000 -8%
June 02 V934896 removed
July 21 V963136 $849,000 $-230,000 -21%
Open House: Jul 21
Open House: Jul 22
Open House: Aug 18
Open House: Aug 19
Open House: Aug 26
September 20 V963136 $819,000 $-260,000 -24%

Assessment: $727,500

Great starter home or investment!! Centrally located in the Grand Boulevard area. This renovated home sits on a 50×137 lot, this 6 bed plus 4 bath includes new laminate flooring, paint, and carpet downstairs where can be used as a mortgage helper! Enjoy BBQ’s on the spacious SUNDECK with city and water views. Comes with ample parking and easy access to schools, shopping, and transit to Downtown. Do not miss this great opportunity!! CALL NOW! Open Houses Saturday and Sunday August 18/19th 2-4pm


#3 ) Address:477 VENTURA CR, Upper Delbrook, North Vancouver

May 14 V949956 $1,198,000 $0 0%
Open House: May 19
June 06 V949956 $1,098,000 $-100,000 -8%
Open House: Jun 17
Open House: Jun 24
Open House: Jul 01
June 27 V949956 $1,048,000 $-150,000 -13%
Open House: Jul 07
Open House: Jul 15
July 20 V949956 $978,000 $-220,000 -18%
Open House: Jul 22
July 25 V949956 removed
July 28 V964157 $978,000 $-220,000 -18%
Open House: Jul 28
Open House: Aug 19
Open House: Aug 26
Open House: Sep 08
September 09 V964157 $899,000 $-299,000 -25%
Open House: Sep 15

Assessment: $1,180,000

Currently listed close to 25% BELOW assessment

Very tranquil setting on a quiet cul-de-sac of fine homes in ‘Upper Delbrook’. 12 year old ‘Noort’ built home. Large lot backing onto natural park/greenbelt. Features: white kitchen w/granite counters, formal dining room, light maple floors in family room, full master ensuite w/jetted tub, 400 sf west-facing sundeck, 700 sf unfinished walk-out/daylight basement (easy suite w/roughed in plumbing), Lots of accessible storage. Large double garage, newly painted exterior, deck resurfaced, etc…Great value! Priced below assessed value!


#2 ) Address:967 ROSLYN BV, Dollarton, North Vancouver

March 09 V933878 $3,750,000 $0 0%
March 28 V933878 $3,690,000 $-60,000 -2%
April 18 V933878 $3,288,000 $-462,000 -12%
May 16 V933878 $2,980,000 $-770,000 -21%
June 15 V933878 $2,750,000 $-1,000,000 -27%
July 25 V933878 removed
August 10 V965789 $2,690,000 $-1,060,000 -28%

Assessment: $1,840,000

When this place sells it will surely bring the prices down for all of the $2.5 to $3.5 million homes in the area since comparatively it is pretty nice and in a great area

Spectacular Westcoast contemporary 5000 SF luxury home in seldom available Deep Cove, Dollarton area. Features incl 7 large bedrooms, 6 baths & 2 laundry rooms. Top floor incl 5 bedrooms & 3 full baths. The master has a huge ensuite with soaker tub, walk in closet & balcony features vaulted ceiling, indoor water fall & exceptionally bright with oversize windows facing ocean. The gourmet kitchen is equipped with high end S/S appls, 2 sinks & granite counters. A massive granite island completes this custom designed space. Lower level features a prof theatre room, office & high end 2 bdrm legal suite. The home boasts an attached triple car garage, inground salt water pool & hot tub. Open House, Sunday, Sept. 23, 2-4pm.


#1 ) Address:2888 PANORAMA DR, Deep Cove, North Vancouver

March 09 V892989 $12,998,000 $0 0%
April 24 V892989 $10,998,000 $-2,000,000 -15%
August 22 V892989 $8,990,000 $-4,008,000 -31%

Assessment: $5,947,000

This place is incredible but even now after $4million+ in drops the past 6 months it is still grossly overpriced.  You can get the same home on the waterfront in the best spots in southern california for much less and that’s quite ridiculous

This magnificent WF estate on over 1/2 acre above Indian Arm’s most dramatic cliff & rock formations. This res is wrapped in 270 degrees of coastline vws. Exquisitely crafted, taking 6 painstaking yrs to perfect offering 12,922 sqft w/milled beams, slate roof, crafted w’dwork, natural stone & hardw’ds, vaulted ceilings, timber & steel beam constr, stone FP’s, Chef’s kit w/breakfast bar, EA, adj FR, grand DR priv study. Kids paradise down w/custom I/D bsketb’ll ct, state-of-the-art theatre, fabulous billiard rm w/wet bar, games rm w/professional dart board & air hockey arena. Most incredible hidden passage to a Old World wine cellar & guest accomm. BBQ centre, manicured lawns/gardens & OD F/P. A stunning work of art!

North Vancouver Spotlight – August 25, 2012

Here are the top 10 properties currently listed in North Vancouver with the largest overall drop in asking price since early March

Some Highlights

  • It takes a 20% drop to make this top 10, up from 18%, 15% and 14% the three previous months
  • 3 of 9 listings with assessment are now listed below assessment
  • Three listings are from Lower Lonsdale
  • #1 is now down over $4 million and apparently it is down much more than that as people have said it was listed for much higher than $12.9 million last year.  It’s a flesh wound!
  • #4 is a court ordered sale and a victim of the new CMHC rules forcing million dollar range homes to list below a million in order to attract buyers who need CMHC to finance the purchase
  • #8 is listed at 25% below assessment
  • #9 HAS LOT’S OF CAPITAL LETTERS.  AND OH YEAH, IT WAS ALSO FORCED BELOW $1 MILLION
  • #10 is yet another home being forced below the magic $1 million level.  That single change to the CMHC rules has broad cascading implications to real estate in the vancouver area

#1 ) Address:2888 PANORAMA DR, Deep Cove, North Vancouver

March 09 V892989 $12,998,000 $0 0%
April 24 V892989 $10,998,000 $-2,000,000 -15%
August 22 V892989 $8,990,000 $-4,008,000 -31%

Assessment: $5,947,000

This magnificent WF estate on over 1/2 acre above Indian Arm’s most dramatic cliff & rock formations. This res is wrapped in 270 degrees of coastline vws. Exquisitely crafted, taking 6 painstaking yrs to perfect offering 12,922 sqft w/milled beams, slate roof, crafted w’dwork, natural stone & hardw’ds, vaulted ceilings, timber & steel beam constr, stone FP’s, Chef’s kit w/breakfast bar, EA, adj FR, grand DR priv study. Kids paradise down w/custom I/D bsketb’ll ct, state-of-the-art theatre, fabulous billiard rm w/wet bar, games rm w/professional dart board & air hockey arena. Most incredible hidden passage to a Old World wine cellar & guest accomm. BBQ centre, manicured lawns/gardens & OD F/P. A stunning work of art!


#2 ) Address:967 ROSLYN BV, Dollarton, North Vancouver

March 09 V933878 $3,750,000 $0 0%
March 28 V933878 $3,690,000 $-60,000 -2%
April 18 V933878 $3,288,000 $-462,000 -12%
May 16 V933878 $2,980,000 $-770,000 -21%
June 15 V933878 $2,750,000 $-1,000,000 -27%
July 25 V933878 removed
August 10 V965789 $2,690,000 $-1,060,000 -28%

Assessment: $1,840,000

Spectacular Westcoast contemporary 5000 SF luxury home in seldom available Deep Cove, Dollarton area. Features incl 7 large bedrooms, 6 baths & 2 laundry rooms. Top floor incl 5 bedrooms & 3 full baths. The master has a huge ensuite with soaker tub, walk in closet & balcony features vaulted ceiling, indoor water fall & exceptionally bright with oversize windows facing ocean. The gourmet kitchen is equipped with high end S/S appls, 2 sinks & granite counters. A massive granite island completes this custom designed space. Lower level features a prof theatre room, office & high end 2 bdrm legal suite. The home boasts an attached triple car garage, inground salt water pool & hot tub. Open House, Sun, Aug.26th, 2-4pm


#3 ) Address:# 19 415 W ESPLANADE, Lower Lonsdale, North Vancouver

July 17 V959014 $265,000 $0 0%
July 18 V959014 $248,000 $-17,000 -6%
August 01 V959014 $235,000 $-30,000 -11%
August 10 V959014 $198,000 $-67,000 -25%

Assessment: No Assessment

Always wanted waterfront property? How about being right on the water without paying waterfront prices? This unique floating home has character and is perfect for someone who wants to live on the water year round. Conveniently located close to the entrance way and marina amenities, but far enough to have lots of privacy and peace and quiet. This home has vaulted ceilings, a spiral staircase, warm natural wood siding throughout. Sunken living room, large kitchen area with hardwood flooring and two bedrooms above which are nicely separated. The new spirit trail is steps away and the Seabus, shops and restaurants just blocks away. Moorage is $850 per month and is a steal! You have to see this one to appreciate its charm!


#4 ) Address:1628 LANGWORTHY ST, Lynn Valley, North Vancouver

March 09 V932279 $1,280,000 $0 0%
March 21 V932279 $1,200,000 $-80,000 -6%
Open House: Jun 24
Open House: Jul 08
July 26 V932279 $999,000 $-281,000 -22%

Assessment: $1,176,000

CHECK THIS OUT – CHECK OUT THIS PRICE! 5 YEAR OLD HOME in a great Lynn Valley location. Walking distance to schools and Lynn Valley Centre. Traditional and SPACIOUS floor-plan on three levels featuring: 4 good sized BEDROOMS UP. The main floor boasts high ceilings, crown moldings, a den, formal living and dining rooms, large EAT-IN KITCHEN and a spacious family room with easy access to the back yard. There is a 2 Bedroom in-law accommodation down with separate entry. This is a Court Ordered sale, at a great price! Spit and polish as well as some fix ups will reap great rewards.


#5 ) Address:360 E 25TH ST, Upper Lonsdale, North Vancouver

March 24 V939001 $928,000 $0 0%
April 21 V939001 $898,000 $-30,000 -3%
May 17 V939001 $848,000 $-80,000 -9%
Open House: May 19
Open House: May 26
May 30 V939001 $799,900 $-128,100 -14%
Open House: Jun 02
Open House: Jun 03
Open House: Jun 10
Open House: Jun 23
June 27 V939001 removed
July 02 V959830 $779,000 $-149,000 -16%
Open House: Jul 08
Open House: Jul 15
July 24 V959830 $778,888 $-149,112 -16%
Open House: Aug 11
August 08 V959830 $728,000 $-200,000 -22%

Assessment: $701,100

Large corner lot. House totally upgraded. High yew hedge provides privacy. South west city views. Fantastic starter home or suitable for a small family with excellent revenue stream from the suite which is bright,airy and fully equipped. Both suites have independent laundry and separate outside entrance. For this quality house, with a suite, it is the best value on the North Shore.OPEN HOUSE, SATURDAY 2-4


#6 ) Address:615 E KEITH RD, Queensbury, North Vancouver

March 09 V934896 $1,079,000 $0 0%
March 24 V934896 $988,000 $-91,000 -8%
June 02 V934896 removed
July 21 V963136 $849,000 $-230,000 -21%
Open House: Jul 21
Open House: Jul 22
Open House: Aug 18
Open House: Aug 19

Assessment: $727,500

Great starter home or investment!! Centrally located in the Grand Boulevard area. This renovated home sits on a 50×137 lot, this 6 bed plus 4 bath includes new laminate flooring, paint, and carpet downstairs where can be used as a mortgage helper! Enjoy BBQ’s on the spacious SUNDECK with city and water views. Comes with ample parking and easy access to schools, shopping, and transit to Downtown. Do not miss this great opportunity!! CALL NOW! Open Houses Saturday and Sunday August 18/19th 2-4pm


#7) Address:3158 PRINCESS AV, Princess Park, North Vancouver

May 04 V947641 $1,188,000 $0 0%
Open House: May 20
May 23 V947641 $998,000 $-190,000 -16%
Open House: May 27
June 22 V947641 $958,000 $-230,000 -19%
July 14 V947641 $938,000 $-250,000 -21%
Open House: Jul 21

Assessment: $849,900

Solid two storey with nice curb appeal located in a family friendly neighbourhood with a panoramic view of Lynn Valley from the rear deck. Large manicured lot. Original owners. Needs some TLC but can be a wonderful family home with carport, outside storage attached to the carport and workshop in the basement area. Call for a viewing at your convenience.


#8 ) Address:# 208 141 W 13TH ST, Central Lonsdale, North Vancouver

March 14 V937066 $399,900 $0 0%
March 22 V937066 $389,000 $-10,900 -3%
April 20 V937066 $378,000 $-21,900 -5%
April 25 V937066 removed
April 27 V946035 $378,000 $-21,900 -5%
May 15 V946035 $363,000 $-36,900 -9%
May 29 V946035 $348,000 $-51,900 -13%
Open House: Jun 03
June 15 V946035 $331,000 $-68,900 -17%
June 28 V946035 $318,000 $-81,900 -20%

Assessment: $427,000

X-tra large 2 bedroom/1.5 baths (1173 sq/ft) South West VIEW corner suite. Outstanding features: sunken living room, terrace dining room, fireplace, 2 balconies, huge master bedroom with ensuite,insuite laundry, insuite storage, wing to wing bedrooms & more. Fantastic 13th & Lonsdale location.


#9 ) Address:267 E 4TH ST, Lower Lonsdale, North Vancouver

March 09 V929676 $1,249,000 $0 0%
April 13 V929676 removed
June 20 V957306 $998,000 $-251,000 -20%

Assessment: $1,102,000

HERE’S YOUR CHANCE TO BUY A BEAUTIFUL DUPLEX HOME IN A QUIET LONSDALE LOCATION ON 3 LEVELS OF LUXURY FINISHINGS INCLUDING SOUTH FACING VIEW ROOF DECK, SPACIOUS OPEN PLAN, HIGH CEILINGS, FULL BASEMENT WITH ENTRY, 1 AND 2 GARAGES AND MORE. OCCUPANCY APRIL 2013, SO BUY NOW AND CUSTOMIZE YOUR OWN HOME AND HAVE TIME TO PLAN AND BONUS PRICE INCLUDES NET TAXES! CALL NOW FOR PLANS AND MORE INFORMATION. EXPERIENCED LOCAL BUILDER WITH MANY LOCAL PAST PROJECTS, REFERENCES AVAILABLE.


#10 ) Address:# PH1 567 LONSDALE AV, Lower Lonsdale, North Vancouver

February 25 V933850 $1,250,000 $0 0%
May 04 V933850 $1,150,000 $-100,000 -8%
Open House: May 20
Open House: Jun 03
June 06 V933850 $1,100,000 $-150,000 -12%
Open House: Jul 08
Open House: Jul 15
July 28 V933850 $999,000 $-251,000 -20%
Open House: Aug 05
Open House: Aug 12
Open House: Aug 25

Assessment: $898,000

Camellia Penthouse – Enjoy panoramic city, harbour and mountain views from this two-level penthouse. South West faciing 16’x12′ deck is perfect for entertaining. Featuring 16′ floor to ceiling windows, this stunningPenthouse offers plenty of room for house size furniture and family living. Enjoy the best of Lower Lonsdale close to everything – walk to Sea Bus and Lonsdale Quay shops and amenities. Quality concrete construction, this 2bedrm plus den is the perfect home. Open House Saturday Aug 25, 2-4pm

North Vancouver Spotlight – July 21, 2012

Here are the top 10 properties currently listed in North Vancouver with the largest overall drop in asking price since early March

Some Highlights

  • It takes a 18% drop to make this top 10, up from 15% and 14% the previous 2 months
  • Last month the #1 drop was 31% and this time it is up to 36%
  • 5 of the 9 properties with assessment information are now listed below assessment

Address:# 208 3721 DELBROOK AV, Upper Delbrook, North Vancouver

March 17 V937818 $567,000 $0 0%
April 11 V937818 $557,000 $-10,000 -2%
April 25 V937818 $520,000 $-47,000 -8%
June 22 V937818 removed
July 19 V962712 $365,000 $-202,000 -36%

Assessment: $551,000

Great city VIEW 3 bdrm condo on one level in Capilano/Delbrook. Small pet allowed 1392 SF (measurements from Pixilink not guaranteed, buyer to confirm if important). large principal rooms, 2 full baths, insuite laundry, insuite storage + locker + covered outside storage, close to Edgemont Village, super private & tranquil, backing onto Mosquito Creek. Huge deck/terrace (approx 27×43) 2 parking S/S. Engineers report & all minutes available. Buyer to be responsible for any future assessments. Estate Sale, probate complete. Priced for a quick sale. Call LS for details.


Address:967 ROSLYN BV, Dollarton, North Vancouver

March 09 V933878 $3,750,000 $0 0%
March 28 V933878 $3,690,000 $-60,000 -2%
April 18 V933878 $3,288,000 $-462,000 -12%
May 16 V933878 $2,980,000 $-770,000 -21%
June 15 V933878 $2,750,000 $-1,000,000 -27%

Assessment: $1,840,000

Spectacular Westcoast contemporary 5000 SF luxury home in seldom available Deep Cove, Dollarton area. Features incl 7 large bedrooms, 6 baths & 2 laundry rooms. Top floor incl 5 bedrooms & 3 full baths. The master has a huge ensuite with soaker tub, walk in closet & balcony, features vaulted ceiling, indoor water fall & exceptionally bright with oversize windows facing ocean. The gourmet kitchen is equipped with high end S/S appls, 2 sinks & granite counters. A massive granite island completes this custom designed space. Main flr features a prof theatre room, office & high end 2 bdrm legal suite. The home boasts an attached triple car garage, I/G salt water pool & hot tub. All surrounded by palm trees, water falls & poolside F/P. Walk to school etc. Open House Sunday, April 29th, 3-4:30pm


Address:615 E KEITH RD, Queensbury, North Vancouver

March 09 V934896 $1,079,000 $0 0%
March 24 V934896 $988,000 $-91,000 -8%
June 02 V934896 removed
July 21 V963136 $849,000 $-230,000 -21%
Open House: Jul 21
Open House: Jul 22

Assessment: $727,500

Great starter home or investment!! Centrally located in the Grand Boulevard area. This renovated home sits on a 50×137 lot, this 6 bed plus 4 bath includes new laminate flooring, paint, and carpet downstairs where can be used as a mortgage helper! Enjoy BBQ’s on the spacious SUNDECK with city and water views. Comes with ample parking and easy access to schools, shopping, and transit to Downtown. Do not miss this great opportunity!! CALL NOW!


Address:3158 PRINCESS AV, Princess Park, North Vancouver

May 04 V947641 $1,188,000 $0 0%
Open House: May 20
May 23 V947641 $998,000 $-190,000 -16%
Open House: May 27
June 22 V947641 $958,000 $-230,000 -19%
July 14 V947641 $938,000 $-250,000 -21%
Open House: Jul 21

Assessment: $849,900

Solid two storey with nice curb appeal located in a family friendly neighbourhood with a panoramic view of Lynn Valley from the rear deck. Large manicured lot. Original owners. Needs some TLC but can be a wonderful family home with carport, outside storage attached to the carport and workshop in the basement area. Call for a viewing at your convenience.


Address:# 208 141 W 13TH ST, Central Lonsdale, North Vancouver

March 14 V937066 $399,900 $0 0%
March 22 V937066 $389,000 $-10,900 -3%
April 20 V937066 $378,000 $-21,900 -5%
April 25 V937066 removed
April 27 V946035 $378,000 $-21,900 -5%
May 15 V946035 $363,000 $-36,900 -9%
May 29 V946035 $348,000 $-51,900 -13%
Open House: Jun 03
June 15 V946035 $331,000 $-68,900 -17%
June 28 V946035 $318,000 $-81,900 -20%

Assessment: $427,000

X-tra large 2 bedroom/1.5 baths (1173 sq/ft) South West VIEW corner suite. Outstanding features: sunken living room, terrace dining room, fireplace, 2 balconies, huge master bedroom with ensuite,insuite laundry, insuite storage, wing to wing bedrooms & more. Fantastic 13th & Lonsdale location.


Address:267 E 4TH ST, Lower Lonsdale, North Vancouver

March 09 V929676 $1,249,000 $0 0%
April 13 V929676 removed
June 20 V957306 $998,000 $-251,000 -20%

Assessment: $1,102,000

HERE’S YOUR CHANCE TO BUY A BEAUTIFUL DUPLEX HOME IN A QUIET LONSDALE LOCATION ON 3 LEVELS OF LUXURY FINISHINGS INCLUDING SOUTH FACING VIEW ROOF DECK, SPACIOUS OPEN PLAN, HIGH CEILINGS, FULL BASEMENT WITH ENTRY, 1 AND 2 GARAGES AND MORE. OCCUPANCY APRIL 2013, SO BUY NOW AND CUSTOMIZE YOUR OWN HOME AND HAVE TIME TO PLAN AND BONUS PRICE INCLUDES NET TAXES! CALL NOW FOR PLANS AND MORE INFORMATION. EXPERIENCED LOCAL BUILDER WITH MANY LOCAL PAST PROJECTS, REFERENCES AVAILABLE.


Address:39 JOHNSON BY, Indian Arm, North Vancouver

March 14 V936863 $1,998,000 $0 0%
July 17 V936863 $1,598,000 $-400,000 -20%

Assessment: No Assessment

The most stunning property of Indian Arm is now available! This family legacy estate features approx 1200 ft of waterfront with well built 2500 sq ft home and guest suite. Incredible setting with easy access to the city.20 minutes by boat to Deep Cove yet you feel like you could be in one of the most remote areas of B.C. Live off the grid with your own hydro power supply and enjoy an incredible self sufficient lifestyle. 5 acres of pristine waterfront just minutes away from the city. This would be an ideal group, organization or multi-family retreat purchase. What an opportunity!


Address:2181 DEEP COVE RD, Deep Cove, North Vancouver

March 09 V924968 $1,490,000 $0 0%
March 29 V924968 removed
March 31 V940332 $1,280,000 $-210,000 -14%
Open House: May 26
Open House: Jun 02
Open House: Jun 03
Open House: Jun 09
Open House: Jun 10
Open House: Jun 16
Open House: Jun 23
June 29 V940332 removed
July 05 V960200 $1,199,000 $-291,000 -20%
Open House: Jul 07
Open House: Jul 15
Open House: Jul 22

Assessment: $930,000

Stunning Deep Cove renovated home with mountain and water views. Custom built quality home that you have been looking for Just steps to the shops In Deep Cove. This Entertainers home has hard to find 4 bedrooms upstairsl The large Master suite has a separate tub and shower in this spa Inspired ensuite. Open the doors to your private deck where you can enjoy a cup of coffee and watch the sun rise. Three more bedrooms and another bathroom complete this floor. The main floor boasts a fabulous kitchen with sub zero appliances and a new cooktop in the Island perfect for the chef In the family. Allow the kitchen gathering to spill outside to the gracious outdoor deck and enjoy the sound of the stream next door. Downstairs has room for a Nanny suite with a walk in shower & room for a sauna, or use the space as a rec room or large office. All bedrooms and living areas have access to outdoor patios. Double car garage complete this luxury home with radiant floors and all new windows, don’t miss this example of quality.


Address:# 206 2020 FULLERTON AV, Pemberton, North Vancouver

March 12 V936745 $404,900 $0 0%
March 24 V936745 $397,000 $-7,900 -2%
May 04 V936745 $382,000 $-22,900 -6%
May 29 V936745 $363,000 $-41,900 -10%
July 20 V936745 $327,900 $-77,000 -19%

Assessment: $332,000

Highly sought after Hollyburn Building at Woodcroft. This 2 Bedroom unit has been recently updated with brand new appliances and granite countertops.


Address:477 VENTURA CR, Upper Delbrook, North Vancouver

May 14 V949956 $1,198,000 $0 0%
Open House: May 19
June 06 V949956 $1,098,000 $-100,000 -8%
Open House: Jun 17
Open House: Jun 24
Open House: Jul 01
June 27 V949956 $1,048,000 $-150,000 -13%
Open House: Jul 07
Open House: Jul 15
July 20 V949956 $978,000 $-220,000 -18%
Open House: Jul 22

Assessment: $1,180,000

Very tranquil setting on a quiet cul-de-sac of fine homes in ‘Upper Delbrook’. 12 year old ‘Noort built’ home. Large lot backing onto natural greenbelt, white kitchen w/ granite counters, formal dining room, full master ensuite w/ jetted tub, light maple floors in family room, 400 sf West-facing sundeck, 700 sf unfinished walk-out basement (easy suite w/ roughed in plumbing for bath), lots of accessible storage, double garage, newly painted exterior, deck resurfaced, etc…Priced below assessed value!