5481 Indian River Dr, North Vancouver BC – House for Sale – MLS® R3162715

5481 Indian River Drive, North Vancouver, British Columbia V7G 2T7

35 days on the market
$1,799,000
Est. Mortgage $7,959/mo
Listing updated:
EstateBlock checked:
4 Beds
3 Baths
2675 sqft
673 $ /sqft
1980 built
35 days on the market
$1,799,000
Est. $7,959/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 5481 Indian River Drive

On Indian River Drive in North Woodlands, is a private almost 1/2 ACRE property w a 46 yr. old custom built home with a working artist’s studio. Open floor plan up has a large kitchen, dining, living area w den, 3 beds, 2 baths, play room, 2 decks with OCEAN VIEWS, 1 deck overlooking the sparkling POOL + Alan creek. Down: 1 bed w bath, laundry, office + access to the huge artist studio, potting shed + attached greenhouse. The surrounding area is lush forest + quiet neighbourhood. More than ample space for RV /boat storage on site. 8 minute drive to Parkgate, schools, golf club. The views of Burrard Inlet are the star of the location from all of the bright south facing windows. This home and has served the family well in their time. This rare opportunity could be yours!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Range Top
Interior Features Storage
Fireplace 2
Heating Type Electric, Forced Air
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony, Private Yard
View Description Ocean Burrard Inlet
Roof Wood
Structures Residential Detached

Building Details

Price $1,799,000
Total Bedrooms 4
Total Bathrooms 3
Full Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2675
Year Built 1980
Age Of Building 46
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Water Connected
Utility Sewer Sanitary Sewer
Water (WaterSource) Public
Parking Type Carport Single, Open, Front Access
Total Parking Spaces 5

Lot & Land

Lot Size 20296
Lot Size Depth Feet
Lot Size Frontage 116.37
MLS® # R3162715
Area North Vancouver
Neighbourhood Woodlands-Sunshine-Cascade
City North Vancouver
Postal Code V7G 2T7
Gross Taxes $5,756.19
Zoning RS1

Property Timeline

Status Date Price
R3162715 / Active 09-08-2026 $1,799,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Living Room 28'10 x 28'10 ft
Main Level Dining Room 13'5 x 13'5 ft
Main Level Kitchen 13'0 x 13'0 ft
Main Level Eating Area 13'0 x 13'0 ft
Main Level Playroom 12'6 x 12'6 ft
Main Level Primary Bedroom 16'4 x 16'4 ft
Main Level Bedroom 15'0 x 15'0 ft
Main Level Bedroom 18'6 x 18'6 ft
Below Bedroom 14'0 x 14'0 ft
Below Laundry 14'4 x 14'4 ft
Below Office 9'4 x 9'4 ft
Below Foyer 14'4 x 14'4 ft
Below Workshop 28'11 x 28'11 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3
Main Level No #4
Below Yes #3

Listed by: Royal LePage Sussex

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
St.Pius X Elementary School
Above Average 4.18 km 8.8/10
Elementary, Secondary
Lions Gate Christian Academy
Above Average 6.02 km 8.3/10

Closest Transit

Bus Stop
Southbound Belcarra Bay Rd @ Whiskey Cove Lane
2.26 km
Skytrain
West Coast Express @ Port Moody Station
9.04 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 42.9%
No Certificate/Degree
Below Average 8.2%
Owner Occupied
Below Average 48.8%
Employment Rate
Average 57.6%

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

56 / 100
Overall sell-speed score
Moderate pace expected
—
Price competition grade
No comparable data
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 9.04 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How WOODLANDS-SUNSHINE-CASCADE compares
This property
35 DOM
Average
Woodlands-Sunshine-Cascade avg
41 DOM
Average
North Vancouver avg
41 DOM
Slower market

5481 Indian River Drive has a sell-speed score of 56/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. The local market is currently a Balanced Market with a sales-to-active ratio of 13.1% and an area average of 41 days on market — conditions are balanced. With only 336 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V7G 2T7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7G 2T7, 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 4 µg/m³ — meets WHO 2021 guideline. Nearest station: Burnaby Kensington Park, Burnaby (~7.8 km). Annual avg AQHI 1.9 — 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

Schools NearBy

1 School is within 3km

School Type Grades Served Catchment Info Rating Distance

Cove Cliff Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.2 / 10

Distance

2.76 KM

Walkability & Transit Near 5481 Indian River Drive

Walk Score Badge
Car-Dependent 0

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
6

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 5481 Indian River Drive

/month
Principal & Interest
Property Taxes $480
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $7,351/month in total housing costs on this $1,799,000 property — $6,871 mortgage payment, $480 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.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $4,488/month estimated rent and $7,538/month in total housing costs, this property has a -$3,050/month cashflow. Break-even down payment: approximately 56%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 5481 Indian River Drive, North Vancouver

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

Principal paid off by year 5 —
Principal paid off by year 10 —

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.

Price vs Neighbourhood Average — Woodlands-Sunshine-Cascade, North Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $1,799,000
North Vancouver Loading...
Woodlands-Sunshine-Cascade Loading...

No active comparable properties are currently available for this property type in North Vancouver. The price evaluation chart will update as similar listings enter the market.

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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 5481 Indian River Drive

Walk Score Badge
Car-Dependent 0

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
6

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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