4520 Lynn Valley Rd, North Vancouver, BC, MLS® R3081688

$1,950,000
Est. Mortgage /mo

NEW

$1,950,000
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
0 Stories
lot 6171 sqft
0 sqft
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4520 Lynn Valley Rd, North Vancouver, BC | MLS® R3081688 Property Details

The word unicorn gets thrown around in real estate, but you'd be hard-pressed to find a property more deserving of the term than this. The original 3 bed, 2 bath, ~1500sf home is gutted and waiting for re-imagination, restoration, or rebuild. The property is 6000sf, RS1-zoned in a clearing more than twice that size, surrounded by nothing but parkland and adjacent to the Varley trail. Whether you're single or coupled and searching for the ultimate in serenity, or have a gaggle of kids building forts and bark boats, this is complete privacy, and just a few hundred meters from End of the Line, Upper Lynn Elem, Lynn Canyon, Headwaters, Fromme etc. Survey & geotech avail, oil tanks removed. Simply put, opportunities such as this are rare. Contact your agent for details and options. OH Sun 1-3.

General Info

Price $1,950,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 6171
Lot Size Depth Feet
Lot Size Frontage 33
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Building Features BuildingFeatures
Structures Land Only

Additional Details

MLS® # R3081688
Area North Vancouver
Neighbourhood Lynn Valley
City North Vancouver
Gross Taxes $6,105.7
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer Septic Tank, Storm Sewer Available, Electricity At Lot Line, Natural Gas Nearby, Phone At Lot Line, Cable Available
Water (WaterSource) Public

Parking

Parking Type Front Access
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RS1
Rental Suites -
# of Kitchens -
Locker -
View 1
View Description Forest bathing
Units In Development -

Property History

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Status Date Price

Listed by: Rennie & Associates 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, Secondary
Brockton Preparatory School
1.19 km
9.1/10
Excellent
Elementary, Secondary
Brockton Preparatory School
1.19 km
9.1/10
Excellent

Closest Transit

Bus Stop
Westbound Coleman St @ Underwood Ave
0.28 km
Skytrain
Seabus Station @ Lonsdale Quay
6.41 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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 this stunning property located at 4520 Lynn Valley Road, North Vancouver, BC, MLS® R3081688. I'm thrilled to take you on a tour of this beautiful neighborhood, highlighting the fantastic amenities and features that make it a dream come true for families and individuals alike.

First, let's talk about education. The closest elementary independent school to this property is Brockton Preparatory School, rated 9.1/10 and located just 1.19 km away. This school is highly regarded for its excellent academic programs and supportive community. Families love this area because of its commitment to providing a well-rounded education for their children.

In terms of crime rates, the statistics from 2020 show that this neighborhood has a low crime rate compared to other Canadian cities. With 3,615 reported disturbances and a crime rate of 3,915.47 per 100,000 population, you can feel safe and secure here. The year-over-year change in crime rate is a notable -11.91%, indicating a continued decline in crime in the area.

The nearby community is also known for its low rate of drug-related crimes, with a rating of 47.66 and 44 reported incidents in 2020. The year-over-year change in drug-related crimes is a remarkable -26.38%, demonstrating the community's commitment to maintaining a safe and healthy environment.

Regarding property crimes, the neighborhood is considered to be Below Average, with a rating of 2,464.09 and 2,275 reported incidents in 2020. The year-over-year change in property crimes is a modest -10.50%, indicating a relatively stable crime rate in the area.

Now, let's talk about the demographics of the area. According to the latest statistics, 42.1% of the population in this neighborhood has a university certificate or degree, which is High compared to other BC neighborhoods. Conversely, only 8.6% of the population has no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income in this area is $134,656, which is High compared to the British Columbia average. The median personal income is also $49,088, which is High compared to the BC average. Furthermore, 61.8% of households in this area have a mortgage, which is Above Average.

Unemployment rates in the area are also relatively low, at 4.1%, which is Low compared to other province neighborhoods.

This real estate is located in the Lynn Valley area, where the population change between 2011 and 2016 was -1.2%, which is Below Average in comparison to average growth rate of this region.

The average size of families in the area is 3.2, which is High compared to the whole region. Additionally, 73.4% of families in the area have children, which is High. The percentage of married or living common-law couples is also 64.3%, which is Above Average.

The average age of the population in the area is 39, which is Below Average compared to other BC cities.

In terms of real estate, the average value of dwellings in this neighborhood is $1,335,261, which is High compared to other areas in British Columbia.

Tenants in the area are paying an average of $1,809 per month, which is High compared to other cities. On the other hand, owners are paying an average of $2,157 per month, which is also High.

Only 10.4% of the population in the area are renters, which is Low compared to other BC cities and areas.

The language spoken in the area is predominantly English, with 89.3% of the population speaking only English. Additionally, 10.1% of the population speaks both English and French, which is Above Average.

The transportation options in the area are also convenient, with 12.2% of the population using public transport, which is Average. 81.4% of the population uses cars, which is Average. 2.4% of the population uses bicycles, which is Above Average. Finally, 2.4% of the population walks, which is Below Average.

In conclusion, this property at 4520 Lynn Valley Road, North Vancouver, BC, MLS® R3081688, is situated in a fantastic neighborhood that offers a unique blend of safety, education, and community amenities. From its low crime rates to its highly educated population, this area is an ideal choice for families and individuals looking for a comfortable and secure place to call home.

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 $1,950,000
North Vancouver $2,666,000
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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