Investor Alert! Best value in Lynn Valley/Westlynn. Situated on a sunny, private 11,000 sq ft (.25 acre) lot, this property offers exceptional income and future potential. The south-facing, fully fenced backyard is ideal for families and entertaining, with generous patio and deck space. Bright living and dining areas with vaulted ceilings overlook a peaceful, park-like setting, plus peek-a-boo southeast views toward SFU. Featuring 5 rooms upstairs and a cozy sunken family room with gas fireplace off the kitchen, plus 4 rooms below. The 4-bedroom suite is ready to generate strong rental income. Just two blocks to Eastview Elementary and minutes to Lynn Valley Shopping Centre. Easy access to Vancouver via the Second Narrows Bridge. A rare opportunity with solid upside!
Property details
5
Beds
3 full
Baths
3,030 ft²
Floor area
10,990 ft²
Lot size
1964
Year built
2
Storeys
2
Parking
$5,726/yr
Gross tax
Location & structure
Single Family Residence
Type
Finished
Basement
Yes
Carport
3
Fireplaces
North Vancouver
Area
Westlynn
Sub-area
Basement
Finished
Structure
Residential Detached
Property highlights
Balcony
Patio
Private yard
High ceilings
Fireplace
Near SFU
Features & inclusions
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating
Electric, Forced Air, Natural Gas
Parking
Carport Multiple, Front Access, Asphalt
Interior features
Vaulted Ceiling(s)
Additional details
Levels
Two
Main floor (ground)
1,755 ft²
Tax year
2025
Listed by Team 3000 Realty Ltd.. Data from BCRES. Last updated Jul 3, 2026, 9:14 AM.
This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $375,600 down (20%) on $1,878,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Inventory mix
What this area trades in
Within 3 km of this listing · 601 listings
Condo / Apartment
287
47.8%
Detached
155
25.8%
Townhouse
108
18.0%
Land
27
4.5%
Duplex
14
2.3%
Other
10
1.7%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · North Vancouver · 140 dwellings
Single-detached100 · 71.4%
Apartment in duplex40 · 28.6%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59150174· North Vancouver· Transit 26/100 (3680m to rapid)· 0.18 km²
Median rent here
$2,200
Owner shelter cost
$1,120
Renters
13.3%
30%+ on shelter
26.7%
Population (2021)
396
Median age
41.6
Avg household size
2.8
Avg household income
$200,000
Renters
13.3%
Owners
86.7%
Immigrants
14.6%
Post-secondary
60.9%
Avg home value
$1,720,000
Single status
25.4%
Not in labour force
30.4%
Households with kids
46.4%
Median rent
$2,200
Owner shelter cost
$1,120
30%+ on shelter
26.7%
Breakdown
$40,000 to $44,999
5
4.2%
$45,000 to $49,999
5
4.2%
$70,000 to $79,999
5
4.2%
$80,000 to $89,999
10
8.3%
$90,000 to $99,999
10
8.3%
$100,000 to $124,999
15
12.5%
$125,000 to $149,999
20
16.7%
$150,000 to $199,999
15
12.5%
$200,000 and over
35
29.2%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59150174).
Market story
Rent in North Vancouver
Census 2021 avg $2,200/mo here · Vancouver 4BR rent (est) trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
Vancouver CMA rental snapshot · 2025
Purpose-built vacancy
3.7%
Avg 2BR rent
$2,363
+2.2% YoY
Condo vacancy
1.5%
Avg 2BR condo rent
$2,900
Source: CMHC Rental Market Report (2025)
CMHCVancouver outlook
From the CMHC Spring 2026 Housing Supply Report · Mar 2026
