1061 Prospect Avenue — North Vancouver


$ 2,550,000 FOR SALE MLS# R3140167
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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.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms
Bathrooms
Living Area
Lot Area8,712 sqft
Property TypeLand
MLS® R3140167
StatusActive
Listing BrokerSutton Group-West Coast Realty

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
Mmm 00, 0000 R0000000 $0,000,000 Price change

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Market Overview

Canyon Heights NV · North Vancouver · All Homes

Active PropertiesAll ActiveThis Property
All Homes50
Median Asking Price $ 2,424,950 $ 2,550,000
Median Price per SqFt $790
Median Days on Market 75
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 0 ▼100.0% 6 4
Median Selling Price ▼100.0% $ 2,232,500 $ 2,007,500
Median Price per SqFt ▼100.0% $768 $779
Median Days on Market 818
Median Discount Off Ask -1.6%2.8%
New Listings 2108
Months of Inventory 7.5

At the current sales pace, it would take about 8 months to sell all the homes currently for sale here — a Balanced market.

SELLER'S
BALANCED
BUYER'S

Homes for sale and active buyers are fairly evenly matched, so neither side has a clear advantage.

What's this?

Months of inventory = the number of homes currently for sale ÷ the average number sold per month recently. As a rule of thumb, under 5 months favours sellers, 5–8 is balanced, and over 8 favours buyers.

Canyon Heights NV: Number of Sales

Canyon Heights NV: Median Sold Price

Canyon Heights NV: Median Sold Price per SqFt

Aggregate market statistics from the MLS® for Canyon Heights NV. Figures are medians and may reflect small sample sizes in a single neighbourhood. Not an appraisal — ask a team member to verify.