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5240 MALASPINA PLACE, North Vancouver

$1,990,000

This 7,800 sqft property in North Vancouver is a detached single-family home on a lot the new rules make suitable for a multiplex. North Vancouver applies the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. Slope and view protection can shape the design more than in flatter cities.

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!

How this price compares

This lot asks $255 per square foot of lot. That is 3% below the median of $264 across the 182 active lots VanPlex is showing in North Vancouver, and puts it 81 of 182 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.

Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.

Lot and property details

Price
$1,990,000
Lot size
7,800 sqft
Lot dimensions
65 x 120
Frontage
65 ft
Bedrooms
3
Bathrooms
3
Year built
1974
MLS® area
Canyon Heights NV
MLS® number
R3130671

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Listing data via MLS®. Displayed for information only.