5240 Malaspina Place — North Vancouver


$ 1,990,000 FOR SALE MLS# R3130671
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Views! Views! Views! This charming home sits on a quiet cul-de-sac end street, on a rectangular south-facing 65 x 120 ft, 7,800 sqft lot with panoramic ocean and city views starting from the lower floor! Over 3,500 sqft of living space on two levels, with beautiful southwest water and island views from the main floor and tons of natural light throughout. Major renovations in 2015 include wood flooring, railings, kitchen, bathrooms, and light fixtures. Main floor offers 2 bedrooms and a bright solarium; downstairs features a rec room, 1 bedroom, and living room. Steps to transit and Montroyal Elementary, with easy access to Highway 1, Westview Shopping Centre, supermarkets, Capilano Mall, and Downtown. A rare opportunity to live, invest, or build your dream home!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms3
Bathrooms3
Living Area3,054 sqft
Lot Area7,800 sqft
Property TypeResidential – Single Family Residence
MLS® R3130671
StatusActive
Price Change↓ Price Reduced
Listing BrokerLaboutique 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 $ 1,990,000
Median Price per SqFt $797 $652
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.