- Active
LOT 2 – 3091 Royal Avenue
Princess Park, North Vancouver · Land
- Lot size
- 8,287 ft²
Listed by Stilhavn Real Estate Services · MLS® R3143983
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About this home
RARE BUILD READY OPPORTUNITY IN LYNN VALLEY. A rare chance to secure an approx. 8,300 sq.ft. bright corner building lot in one of North Vancouver’s most sought after neighbourhoods. Site clearing, servicing, and tree removal as outlined in the arborist report are scheduled for completion by late June or early July as part of the final subdivision conditions, fully paid for by the sellers. An incredible opportunity for builders, investors, or families looking to create a custom home on a prime blank canvas with substantial prep work and development costs already addressed. Rarely do ready to build lots of this size and quality come available in Lynn Valley. Close to top schools, parks, trails, and everyday amenities. Call for full development details and information
Home facts
- Lot size
- 8,287 sq ft
- Property type
- Land
- Area
- North Vancouver
- Sub-area
- Princess Park
- Structure
- Land Only
Features and inclusions
- Lot
- Wooded
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
- $7,228
- Property tax
- $442/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $7,820
Purchase snapshot
- List price
- $1,525,000
- Down payment
- $305,000 (20%)
- Estimated mortgage
- $1,220,000
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)
- $5,302
- At 3.4769 per $1,000 of assessed value.
- North Vancouver (D)
- $5,005
- 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
For investors
As a rental
- Estimated rent
- $3,200 a month
- Gross yield
- 2.5%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Space and layout
Room sizes and building details need a free account
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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 · 43%
Who lives here
Documents
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