3296 Institute Rd, North Vancouver, BC, MLS® R3070862

$1,649,800
Est. Mortgage /mo

$1,649,800
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
5 Beds
3 Baths
2 Stories
lot 4593 sqft
2352 sqft
1967 built
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Map
Street view
Schools
Crime
Commute
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3296 Institute Rd, North Vancouver, BC | MLS® R3070862 Property Details

Bright, family-friendly Lynn Valley home across from LV Elementary and LV Park. This well-kept charmer offers 3 beds/1.5 baths up plus a flexible office down, set on a flat lot with lane access, great backyard and deck with Mt. Seymour views. Only one neighbour thanks to Institute Park and protected green space on one side. Bonus: a bright, mostly above-ground 2-bed legal suite with separate entry. EV charger, ample storage and multiple sheds. Steps to Lynn Valley Village shops, restaurants, library and trails. New zoning options provides future redevelopment possibilities. An ideal home to enjoy as is or add your personal design touches.

General Info

Price $1,649,800
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2352
Lot Size 4593
Lot Size Depth Feet
Lot Size Frontage 33
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1967
Age Of Building 58
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3070862
Area North Vancouver
Neighbourhood Lynn Valley
City North Vancouver
Gross Taxes $5,273.99
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 2
Heating Type Forced Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Detached, Lane Access
Total Parking Spaces 1

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Strata Restrictions -
Rental Restrictions -
Zoning RS4
Rental Suites Legal Suite
# of Kitchens 2
Flooring Hardwood, Laminate, Tile
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Oakwyn Realty Ltd. & Oakwyn Realty Ltd.

NOTE: 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Private Schools

Elementary
Cousteau L'école Francaise Interna'le
0.78 km
9.3/10
Excellent
Elementary, Secondary
Vancouver Waldorf School
0.95 km

Closest Transit

Bus Stop
Westbound Lynn Valley Rd @ Church St
0.07 km
Skytrain
Seabus Station @ Lonsdale Quay
4.65 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to Lynn Valley, a Charming Community in North Vancouver, BC

As we explore this beautiful neighborhood, you'll discover why it's a popular choice for families and individuals alike. Located at 3296 Institute Road, MLS® R3070862, this exquisite property is surrounded by top-rated schools, excellent amenities, and a strong sense of community.

Education

Let's start with the excellent educational institutions in the area. The closest Elementary school to 3296 Institute Road is Cousteau L'école Française Internationale, rated 9.3/10 by parents and students alike. This highly-rated school is just a short 0.78 km away from the property. For Secondary education, Vancouver Waldorf School is the closest option, located 0.95 km from the property.

Safety and Security

As a parent or homeowner, you'll appreciate the low crime rate in Lynn Valley. According to the 2020 crime statistics from Statistics Canada, this neighborhood has a rate of 3,915.47 incidents per 100,000 population, which is considered Low compared to other Canadian cities. In fact, the year-over-year change in the total crime rate is -11.91%. This means you can enjoy peace of mind knowing your family is safe in this community.

Demographics

Let's take a closer look at the demographics of Lynn Valley. With 41.3% of residents holding a university certificate or degree, this neighborhood ranks High compared to other BC cities. Additionally, 10.1% of the population has no certificate or degree, which is Low compared to the average in BC. This suggests a highly educated and motivated community.

Transit and Commuting

Convenience is key, and Lynn Valley has plenty of it. The closest Bus station is Westbound Lynn Valley Rd @ Church St, just 0.07 km away from the property. With a median household income of $114,624, you'll have the means to enjoy the best of what North Vancouver has to offer.

Lifestyle Amenities

Lynn Valley is a nature lover's paradise, with numerous parks, beaches, and trails nearby. Enjoy the beautiful scenery and outdoor recreational opportunities that this community has to offer. The average value of dwellings in this neighborhood is $1,297,010, which is High compared to other areas in British Columbia.

Real Estate Context

As we explore the real estate market in Lynn Valley, you'll find that the average owner payments are High in the area, with homeowners spending an average of $2,004 per month. Tenants, on the other hand, are paying $1,486, which is also High compared to other cities. With 17.6% of the population renting, this is an Average percentage compared to other BC cities.

Insider Insights

As a seasoned realtor with over a decade of experience in British Columbia real estate, I can tell you that Lynn Valley is a hidden gem. With its excellent schools, low crime rate, and highly educated community, it's no wonder this neighborhood is a popular choice for families and individuals alike. If you're looking for a place to call home, I highly recommend considering 3296 Institute Road, MLS® R3070862.

Your Home Awaits

Are you ready to experience the best of Lynn Valley? Look no further than 3296 Institute Road, MLS® R3070862. Contact me today to schedule a viewing and make this beautiful property yours.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,649,800
North Vancouver No comparables
Lynn Valley No comparables
Data is based on list prices of similar active listings. 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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. 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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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