5948 Nancy Greene Way, North Vancouver BC - Townhouse for Sale - MLS# R3123779

115 days on the market
$1,199,000
Est. Mortgage $5,304/mo
Listing updated:
EstateBlock checked:
Grousemont Estates
3 Beds
2 Baths
1658 sqft
723 $ /sqft
1003.68 $ Maint. fee
1987 built
OPEN HOUSE 7.7% price reduction
115 days on the market
$1,199,000
$1,299,000
Est. $5,304/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 5948 Nancy Greene Way

7.7% price reduction

Grousemont Estates is a boutique collection of 16 townhomes nestled in the peaceful Grouse Woods neighbourhood. This beautifully updated one-level townhome offers over 1,600 sq ft of living space with a functional layout, 3 spacious bedrooms, and 2 full bathrooms. Exceptionally quiet and filled with a natural light, this home features brand new high-end laminate flooring, fresh designer neutral paint throughout, a refreshed kitchen with brand new stainless steel appliances, updated cabinetry, and a spacious laundry room. Enjoy two private patios and a spacious private double garage all on the same level. The strata is well-managed. Move-in ready. Top-rated schools nearby. Pet friendly. Pro-active strata. Excellent privacy and incredible potential. Open House Sunday September 6, 2-4 pm.

Open houses

06 Sep, 2026 (01:00 PM to 03:00 PM)

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Fireplace 1
Heating Type Baseboard, Hot Water
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Attached

Building Details

Price $1,199,000
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1658
Year Built 1987
Age Of Building 39
Building Type Townhouse
Property Type Residential
Stories 1
Building Amenities Trash, Maintenance Grounds, Management, Sewer, Snow Removal
Building Name Grousemont Estates
Ownership Type Freehold Strata
Maintenance Fee $1,003.68
Community Features Shopping Nearby
Amenities Nearby Trash, Maintenance Grounds, Management, Sewer, Snow Removal
Utility Type Electricity Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Additional Parking, Garage Double, Front Access, Garage Door Opener
Total Parking Spaces 4
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Units In Development 16

Lot & Land

MLS® # R3123779
Area North Vancouver
Neighbourhood Grouse Woods
City North Vancouver
Postal Code V7R 4W1
Gross Taxes $5,314.57
Zoning RM2

Property Timeline

Status Date Price
R3123779 / Active 05-14-2026 $1,199,000
Rooms
Floor Type Dimensions
Main Level Living Room 15'4 x 15'4 ft
Main Level Dining Room 10'11 x 10'11 ft
Main Level Kitchen 10'8 x 10'8 ft
Main Level Primary Bedroom 14'10 x 14'10 ft
Main Level Bedroom 10'11 x 10'11 ft
Main Level Bedroom 12'1 x 12'1 ft
Main Level Laundry 9' x 9' ft
Main Level Nook 13'6 x 13'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #3

Listed by: RE/MAX Crest 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 4.29 km 8.5/10
Elementary,Secondary
Cousteau L'ecole Francaise Interna'le
Above Average 4.9 km 8.8/10

Closest Transit

Bus Stop
Northbound Nancy Greene Way @ N Grousewoods Dr
0.1 km
Skytrain
Seabus Station @ Lonsdale Quay
6.67 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

63 / 100
Overall sell-speed score
Moderate pace expected
B+
Price competition grade
Avg comparable: $1,261,348
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 6.67 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How GROUSE WOODS compares
This property
115 DOM
Slower than area
Grouse Woods avg
23 DOM
Average
North Vancouver avg
23 DOM
Faster market

5948 Nancy Greene Way has a sell-speed score of 63/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 5.2% below comparable active properties in Grouse Woods, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 18.4% and an area average of 23 days on market — conditions are balanced. With only 158 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 V7R 4W1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7R 4W1, 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 (~5.2 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

Cafes (1 nearby)

  • Starbucks · 298 m · Cafe

Parks & Recreation (1 nearby)

  • Grousewoods park · 459 m · Park

Transit (1 nearby)

  • Bus stop eastbound ranger ave @ malaspina place · 896 m · Transit

Schools NearBy

4 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

942 m

Handsworth Secondary School

Public

Grades Served

8-12

Catchment Info

7.6 / 10

Distance

1.92 KM

Canyon Heights Elementary

Public

Grades Served

Catchment Info

5.8 / 10

Distance

2.36 KM

Cleveland Elementary

Public

Grades Served

Catchment Info

6.4 / 10

Distance

2.63 KM

Walkability & Transit Near 5948 Nancy Greene Way

Walk Score Badge
Car-Dependent 36

Walk Score - Car-Dependent

Most 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
25

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 5948 Nancy Greene Way

/month
Principal & Interest
Property Taxes $443
Maintenance fee 1003.68
Financing 80% of the $1,199,000 asking price over 30 years at 4% results in approximately $6,026/month in total estimated carrying costs, $443 property tax, $1,004 maintenance fee.
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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $3,450/month in rental income, leaving a -$2,626/month cashflow at current carrying costs. Investors targeting break-even would need roughly 66% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 5948 Nancy Greene Way, 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 — Grouse Woods, North Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $1,199,000
North Vancouver Loading...
Grouse Woods Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in North Vancouver, similar townhouses average $1,264,492 across 19 active listings — this listing is 5.2% below the North Vancouver average. This property is flagged as a Hot Deal (7.7% price reduction) based on its competitive pricing and market demand.

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

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 5948 Nancy Greene Way

Walk Score Badge
Car-Dependent 36

Walk Score - Car-Dependent

Most 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
25

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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