- Active
5240 Malaspina Place
Canyon Heights NV, North Vancouver · Single Family Residence
- Beds
- 3
- Baths
- 3
- Sqft
- 3,054
- Built
- 1974
Listed by Laboutique Realty · MLS® R3130671
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About this home
Views! Views! Views! This charming home sits on a quiet cul-de-sac end street, on a rectangular south-facing 65 x 120 ft, 7,800 sqft lot with panoramic ocean and city views starting from the lower floor! Over 3,500 sqft of living space on two levels, with beautiful southwest water and island views from the main floor and tons of natural light throughout. Major renovations in 2015 include wood flooring, railings, kitchen, bathrooms, and light fixtures. Main floor offers 2 bedrooms and a bright solarium; downstairs features a rec room, 1 bedroom, and living room. Steps to transit and Montroyal Elementary, with easy access to Highway 1, Westview Shopping Centre, supermarkets, Capilano Mall, and Downtown. A rare opportunity to live, invest, or build your dream home!
Home facts
- Bedrooms
- 3
- Bathrooms
- 2 full + 1 half
- Interior
- 3,054 sq ft
- Lot size
- 7,800 sq ft
- Year built
- 1974
- Storeys
- 2
- Parking
- 4
- Property type
- Single Family Residence
- Basement
- None
- Garage
- Yes
- Carport
- No
- Fireplaces
- 3
- Area
- North Vancouver
- Sub-area
- Canyon Heights NV
- Structure
- Residential Detached
Highlights
- City view
- Balcony
- In-suite laundry
- Private yard
- High ceilings
Features and inclusions
- Appliances
- Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Oven
- Heating
- Forced Air
- Parking
- Garage Double, Front Access, Concrete
- Lot
- Central Location, Private
- Interior features
- Pantry, Vaulted Ceiling(s)
- Laundry
- In Unit
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.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $9,432
- Property tax
- $583/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $10,165
Purchase snapshot
- List price
- $1,990,000
- Down payment
- $398,000 (20%)
- Estimated mortgage
- $1,592,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
This name covers two separate municipalities with their own rates, so both are shown.
- North Vancouver (C)
- $6,919
- At 3.4769 per $1,000 of assessed value.
- North Vancouver (D)
- $6,531
- At 3.2820 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Space and layout
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Home value
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Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Vancouver
Ten year average, 2016–2025.
- Average temperature
- 10.6°C
- Daily mean across the year.
- Yearly precipitation
- 1,141 mm
- On the drier side for BC.
- Yearly snowfall
- 39 cm
- Snow is the exception here.
- Bright sunshine
- 1,938 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 80%
Who lives here
Documents
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