Home North vancouver, BC 2698 Newmarket Drive

2698 Newmarket Dr, North Vancouver BC - Single Family Residence for Sale - MLS# R3006923

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3 Beds

3 Baths

3626 sqft

606 $ /sqft

1947 built

Closed

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This property sold for

$●●●,●●●

Dan Marusin

Renanza Realty

778-918-5990

Award-Winning REALTOR^® with 11+ Years of Experience Serving Greater Vancouver

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Sold price & sold date

Original list price & price changes

Full photo gallery - 40 photos

Days on market & listing history

Map & Neighbourhood

Private Schools

Elementary
Saplings Nature School: 1.1 km
Secondary
Bodwell High School: 2.27 km

Closest Transit

Bus Stop
Eastbound W Queens Rd @ Edgemont Blvd: 0.22 km
Skytrain
Seabus Station @ Lonsdale Quay: 2.95 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average; 43.9%
No Certificate/Degree: Below Average; 9.8%
Owner Occupied: Below Average; 55.8%
Employment Rate: Above Average; 66.1%

Noise/ Power Lines

Road/Hwy Noise: Possible
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

44 / 100

Overall sell-speed score

May take longer

—

Price competition grade

No comparable data

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 2.95 km from station

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How EDGEMONT compares

This property

63 DOM

Slower than area

Edgemont avg

47 DOM

Average

North vancouver avg

47 DOM

Faster market

2698 Newmarket Drive 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.

Climate Risk for V7R 2T4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7R 2T4, 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 (~1.7 km). Annual avg AQHI 2.1 — Low Risk.

Heat Moderate

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.

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

School	Type	Grades Served	Catchment Info	Rating	Distance
Schools Near 2698 Newmarket Drive

Mortgage Calculator for 2698 Newmarket Drive

Home Price

Down Payment

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Interest Rate

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Principal & Interest

Property Taxes $805

Maintenance fee 0

With a 20% down payment, buyers can expect an estimated $9,200/month in total housing costs on this $2,198,000 property — $8,395 mortgage payment, $805 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: Jul 29, 2025

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

Based on $5,272/month estimated rent and $9,397/month in total housing costs, this property has a -$4,125/month cashflow. Break-even down payment: approximately 60%.

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