Home North Vancouver, BC Canyon Heights NV 5240 Malaspina Place

5240 Malaspina Pl, North Vancouver BC - Single Family Residence for Sale - MLS# R3130671

97 days on the market

$1,990,000

Est. Mortgage $8,804/mo

Listing updated: Aug 4, 2026 at 11:04am

EstateBlock checked: Sep 6, 2026 at 06:40am

3 Beds

3 Baths

3054 sqft

652 $ /sqft

1974 built

9.1% price reduction

97 days on the market

$1,990,000

$2,188,888

Est. $8,804/mo with 20% down

Listing updated: Aug 4, 2026 at 11:04am

EstateBlock checked: Sep 6, 2026 at 06:40am

Photos

Exterior Front Photo of 5240 Malaspina Place, North Vancouver, BC

Exterior Rear Photo of 5240 Malaspina Place, North Vancouver, BC

Living Room Photo of 5240 Malaspina Place, North Vancouver, BC

Family Room Photo of 5240 Malaspina Place, North Vancouver, BC

Dining Area Photo of 5240 Malaspina Place, North Vancouver, BC

Kitchen Photo of 5240 Malaspina Place, North Vancouver, BC

Kitchen Island Photo of 5240 Malaspina Place, North Vancouver, BC

Pantry Photo of 5240 Malaspina Place, North Vancouver, BC

Breakfast Nook Photo of 5240 Malaspina Place, North Vancouver, BC

Primary Bedroom Photo of 5240 Malaspina Place, North Vancouver, BC

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!

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Oven
Interior Features	Pantry, Vaulted Ceiling(s)
Fireplace	3
Heating Type	Forced Air
Laundry	In Unit
# of Kitchens	1
Flooring	Hardwood, Tile, Wall/Wall/Mixed
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Garden, Balcony, Private Yard
View Description	PANORAMIC OCEAN & CITY VIEW
Roof	Asphalt
Structures	Residential Detached

Building Details

Price	$1,990,000
Total Bedrooms	3
Total Bathrooms	3
Full Bathrooms	2
Half Bathrooms	1
Floor Area Total (sqft)	3054
Year Built	1974
Age Of Building	52
Building Type	Single Family Residence
Property Type	Residential
Stories	2
Ownership Type	Freehold NonStrata
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Garage Double, Front Access, Concrete
Total Parking Spaces	4
Rental Suites	None

Lot & Land

Lot Size	7800
Lot Size Depth	Feet
Lot Size Frontage	65
MLS^® #	R3130671
Area	North Vancouver
Neighbourhood	Canyon Heights NV
City	North Vancouver
Postal Code	V7R 4M1
Gross Taxes	$7,454.55
Zoning	RS3

Property Timeline

Status	Date	Price
R3130671 / Active	06-01-2026	$1,990,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	19'7 x 19'7 ft
Main Level	Dining Room	13'9 x 13'9 ft
Main Level	Kitchen	21'3 x 21'3 ft
Main Level	Eating Area	9'5 x 9'5 ft
Main Level	Family Room	19'8 x 19'8 ft
Main Level	Solarium	26'2 x 26'2 ft
Main Level	Primary Bedroom	27'3 x 27'3 ft
Main Level	Bedroom	12'2 x 12'2 ft
Below	Living Room	19'3 x 19'3 ft
Below	Foyer	13' x 13' ft
Below	Bedroom	15' x 15' ft
Below	Recreation Room	23'5 x 23'5 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#2
Main Level	Yes	#4
Below	No	#3

Listed by: Laboutique Realty & Laboutique Realty

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.

Map & Neighbourhood

Private Schools

Elementary
Holy Trinity School: Above Average 3.24 km 8.5/10
Elementary,Secondary
Cousteau L'ecole Francaise Interna'le: Above Average 3.93 km 8.8/10

Closest Transit

Bus Stop
Eastbound Ranger Ave @ Sarita Ave: 0.13 km
Skytrain
Seabus Station @ Lonsdale Quay: 5.71 km

Crime Rate

Total Crime Rate: Low
Violent Crime Rate: Low
Property Crime Rate: Below Average

Demographics

Post-Secondary Education: Above Average 49.4%
No Certificate/Degree: Below Average 8.2%
Owner Occupied: Below Average 54.4%
Employment Rate: Above Average 69%

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

Sell Speed & Competition

74 / 100

Overall sell-speed score

Likely within weeks

—

Price competition grade

No comparable data

Seller's

Market conditions

Seller's market — high demand area

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 5.71 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How CANYON HEIGHTS NV compares

This property

97 DOM

Slower than area

Canyon Heights NV avg

27 DOM

Average

North Vancouver avg

27 DOM

Faster market

5240 Malaspina Place has a sell-speed score of 74/100, placing it in the "Expected to sell within weeks" band. The listing is has limited comparable pricing data available. The local market is currently a Seller's Market with a sales-to-active ratio of 21.7% and an area average of 27 days on market — buyers are active. With only 397 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Climate Risk for V7R 4M1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7R 4M1, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 3.9 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: North Vancouver Mahon Park, North Vancouver (~4.2 km). Annual avg AQHI 2.1 — Low Risk.

Heat Moderate

North Vancouver - District currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.8 °C baseline, ~32.2 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1601 mm (1981–2010 baseline), projected ~1661 mm by the 2050s. Extreme 1-day rainfall: ~53.1 mm baseline, ~59.2 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Parks & Recreation (1 nearby)

Grousewoods park · 674 m · Park

Transit (1 nearby)

Bus stop northbound highland blvd @ handsworth rd · 972 m · Transit

Schools NearBy

8 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Montroyal Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 455 m
Handsworth Secondary School	Public	Grades Served 8-12	Catchment Info —	7.6 / 10	Distance 1.21 KM
Canyon Heights Elementary	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 1.42 KM
Cleveland Elementary	Public	Grades Served —	Catchment Info —	6.4 / 10	Distance 2.06 KM
Mountainside Secondary School	Public	Grades Served 9-12	Catchment Info —	4.5 / 10	Distance 2.49 KM
Highlands Elementary School	Public	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 2.58 KM
Andre-Piolat	Public	Grades Served —	Catchment Info —	8.2 / 10	Distance 2.82 KM
Carisbrooke Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.96 KM

Walkability & Transit Near 5240 Malaspina Place

Car-Dependent 6

Walk Score - Car-Dependent

Almost all errands require a car

Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus

Somewhat
Bikeable 21

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 5240 Malaspina Place

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $621

Maintenance fee 0

A 20% down payment of $398,000 on this $1,990,000 listing yields an estimated mortgage of $7,600/month (30-year fixed, 4%). Total estimated housing cost: $8,221/month, $621 property tax.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Listing data last synced: Aug 4, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

With $4,964/month in estimated rental income against $8,428/month in mortgage payments, the monthly cashflow is -$3,464/month. A 57% down payment would reach break-even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 5240 Malaspina Place, North Vancouver

Buy Vs Rent Calculator

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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.