1061 Prospect Avenue — North Vancouver


$ 2,550,000 FOR SALE MLS# R3140164
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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, these future homes will appeal to families seeking an unmatched blend of nature & convenience. Enjoy easy access to top-rated schools, Edgemont Village, Grouse Mountain & Highway 1. Both homes are designed with sunny south-facing backyards & views of Grouse Mountain.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms4
Bathrooms2
Living Area2,000 sqft
Lot Area8,712 sqft
Property TypeResidential – Single Family Residence
StyleOther
MLS® R3140164
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
2 events on record for this property

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Market Overview

Canyon Heights NV · North Vancouver · All Homes

Active PropertiesAll ActiveThis Property
All Homes47
Median Asking Price $ 2,498,000 $ 2,550,000
Median Price per SqFt $797 $1,275
Median Days on Market 55
Sold Properties Aug 2026Jul 2026Aug 2025
All Homes 0 ▼100.0% 1 8
Median Selling Price ▼100.0% $ 2,400,000 $ 2,689,400
Median Price per SqFt ▼100.0% $896 $891
Median Days on Market 4732
Median Discount Off Ask 3.0%5.1%
New Listings 9121
Months of Inventory 14.8

At the current sales pace, it would take about 15 months to sell all the homes currently for sale here — a Buyer's market.

SELLER'S
BALANCED
BUYER'S

More homes are for sale than there are buyers, so buyers tend to have more choice and more room to negotiate on price.

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.