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Waterfront Station, Vancouver, 1974Photo: Miranda.Kopetzky · CC BY-SA 4.0
D−Cost of living Grade
Property prices in North Vancouver · Census 2021 and Statistics Canada

In North Vancouver, 67% of households live in an apartment (British Columbia’s towns: 12%)

The middle home was worth $990,000 at the 2021 census, the average $1,141,000. These home values were given by owners themselves, in a census taken in May 2021. Statistics Canada counted 1,355 buyers in 2023, paying a median $1,020,000.

Median home value
$990K
owners’ estimate, census 2021
average $1.14M
Median sale price
$1.02M
CHSP, 2023
1,355 buyers
Median assessed value
$1.07M
all residential, 2024
New homes a year
731
permits, 2018–2023
24.1 per 1,000 homes
What homes are worth

North Vancouver’s homes, by three sources

Three sources, each set against British Columbia’s towns only: provinces measure value differently, so they don’t line up across borders.

Census 2021$990K

median, owners’ estimate

Average
$1.14M
Owners
14,540
British Columbia’s towns
$720K
The typical Canadian town
$406K
Sales, 2023$1.02M

median sale price

Average sale
$1.19M
÷ buyers’ income
5.5×
Buyers
1,355
British Columbia’s towns
$682K
Assessed, 2024$1.07M

all residential

British Columbia’s towns
$671K

Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).

By type of home

Houses in North Vancouver carry 2.6 times the assessment of the median for British Columbia’s towns

The 2024 assessment roll counts 19,235 homes in North Vancouver, condos 56% of them.

Assessed value

Median assessment by type, 2024 the tick is the median of British Columbia’s towns

Detached houses$1.96M
Semi-detached$1.75M
Row houses$1.25M
Condos$753K
Multi-unit properties$2.22M
The mix of properties
Condos56%
Detached houses14%
Row houses13%
Multi-unit properties13%
Semi-detached4%
2,270 sq ft
living area of the median detached house (British Columbia’s towns: 1,890 sq ft)
814 sq ft
living area of the median condo
73%
of properties lived in by their owner

Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of British Columbia’s towns with their own figure; assessments compare within a province only.

The homes

Condominiums are 49% of North Vancouver’s homes, against 10% for British Columbia’s towns

North Vancouver had 27,295 occupied homes at the 2021 census. Half went up before 2001.

When they were built

Homes by period of construction the tick is the median of British Columbia’s towns

Before 196114%
1961–198030%
1981–200024%
2001–201520%
2016–202112%
What kind of home

Homes by kind

Single-detached houses11%
Semi-detached houses3%
Row houses8%
Flats in a duplex11%
Apartments, under 5 storeys38%
Apartments, 5+ storeys29%
Movable dwellingsunder 1%
Against the median town of the province and of Canada
North VancouverBritish ColumbiaCanada
Condominiums49%10%8%
Needing major repairs6%6%6%
Too small for the household9%4%3%
Households in core housing need19%10%7%

Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.

New homes

Building ahead of British Columbia’s towns: 24.1 new homes a year per 1,000 in North Vancouver, against 18.1

Building permits added 4,387 homes in North Vancouver between 2018 and 2023: some 731 a year. Multi-unit buildings took most: single-unit ones were just 1%, where British Columbia’s towns built 27%.

Permits by year, 2018–2023

The busiest year: 2023, with 1,140 new homes

Single-unit buildingsTwo or more units
05001,0001,500201820192020202120222023
The pace

New homes a year per 1,000 homes

North Vancouver24.1
British Columbia’s towns18.1
The typical Canadian town13.8
$168M
of new residential construction a year, 2019–2023
The metro area

26,358 new homes in the 12 months to August 2026, down 11% on the year before

010,00020,00030,00040,00020212022202320242025

Source area for monthly permits: the Vancouver metro area

Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.

Across British Columbia

North Vancouver is 38% above the $720,000 median of British Columbia’s towns

The census values of British Columbia’s towns, 254 of them with 2,500+ people, from dearest to cheapest.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Cheaper next to North Vancouver: Strathcona

Next to North Vancouver: 2021 census values and the share of owners.

North VancouverCapilano 5StrathconaCoal HarbourGrandview-WoodlandYaletownNorth VancouverCapilano 5StrathconaCoal HarbourGrandview-WoodlandYaletownNorth Vancouver
Prices next door
TownMedian home valueAverageOwnerskm
North Vancouver$990K$1.14M53%
North Vancouver$1.6M$1.67M76%2.4
Capilano 5––11%4.4
Strathcona$850K$1.02M24%4.8
Coal Harbour$1.35M$2.18M42%5.1
Grandview-Woodland$1.45M$1.24M36%5.2
Yaletown$950K$1.2M41%5.5

Census 2021 values; km.

Questions about property prices in North Vancouver

How many households in North Vancouver are in core housing need?

More than most: 19% of households in North Vancouver, where British Columbia’s towns sit at 10%.

Is North Vancouver expensive for British Columbia?

More than most: British Columbia’s towns have a median of $720,000, and North Vancouver sits above it.

What is the average house price in North Vancouver?

Homes sold for an average $1,190,000 in 2023; the median buyer paid 5.5 times their household income.

Can I see individual sales or prices by street?

No. Canada has no open register of individual sales; Statistics Canada publishes medians and averages by town only.

Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.

Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).