Premier Canyon Heights development opportunity featuring 2 LEGAL PIDs with no subdivision required. An opportunity for a builder to immediately advance one of North Vancouver's detached residential sites. The existing home has been demolished, substantial pre-development work has been completed & plans are available for 2 exceptional 3300+ sq. ft. residences, allowing you to move directly toward Building Permit applications. Perfectly positioned across from Cleveland Park & just steps to the scenic trails of Cleveland Dam, both homes are designed with sunny south-facing backyards & views of Grouse Mountain. An outstanding opportunity to save considerable time, expense, and uncertainty while bringing two premium homes to market in one of the North Shore’s most coveted neighbourhoods.
| View Description | Mountain Views |
|---|---|
| Structures | Land Only |
| Price | $2,550,000 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Community Features | Near Shopping |
| Utility Type | Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone At Lot Line, Cable At Lot Line |
| Water (WaterSource) | Public |
| Lot Size | 8712 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 66 |
| MLS® # | R3140167 |
| Area | North Vancouver |
| Neighbourhood | Canyon Heights NV |
| City | North Vancouver |
| Postal Code | V7R 2M6 |
| Gross Taxes | 0 |
| Zoning | RS3 |
Listed by: Sutton Group-West Coast 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.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
1061 Prospect Avenue has a sell-speed score of 44/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. The local market is currently a Buyer's Market with a sales-to-active ratio of 11.2% and an area average of 47 days on market — buyers have more leverage. With only 223 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7R 2M6, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
Annual avg PM2.5 3.9 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: North Vancouver Mahon Park, North Vancouver (~4.1 km). Annual avg AQHI 2.1 — Low Risk.
North Vancouver - District currently sees ~1 days 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.
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.
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.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
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.
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