City of North Vancouver · Metro Vancouver · British Columbia · Assessed 1 July 2025, rents June 2026

Understand North Vancouver before you commit to an address

The City of North Vancouver is the dense core of the North Shore. Twelve square kilometres carved out of the District in 1907, wrapped around Lonsdale Avenue as it climbs from the water. It is the closest municipality to downtown Vancouver of any in this region, five and a half kilometres in a straight line, and the SeaBus makes that a twelve-minute crossing rather than a bridge queue. That combination exists nowhere else here. Figures come from one provincial table measured the same way in all 20 municipalities here.

5 km
From downtown Vancouver
58,120
Population, 2021 census
$2,056,556
Representative house
0.35%
Property tax rate, 2026
$9,081
Annual bill all in, 2026
$3,286
Two-bedroom rent
Before the arithmetic

What buying in North Vancouver actually involves

The city and the district are two different municipalities with the same name, the same postal city and different tax rates, and confusing them is the most common mistake buyers make on the North Shore. The City is the flat, walkable, denser one with the SeaBus; the District wraps around it and is the mountainside. Their rates are 0.3477% and 0.3282%, their user fees $1,931 and $2,571, and their representative houses $2.06 million and $2.20 million: close enough that the difference will not decide anything, and different enough that quoting one at the other is wrong.

The real variable here is the bridges. Everything that is not the SeaBus crosses either the Lions Gate (three lanes, counterflow, 1938) or the Ironworkers Memorial, and both are at capacity for several hours a day in both directions. If your working life is downtown and you are near Lonsdale, this is one of the best-connected addresses in the region. If it is anywhere the SeaBus does not go, model the bridge honestly.

The Shipyards and lower Lonsdale have been rebuilt into the North Shore's most usable public space, which is a genuine amenity and also the reason the streets nearby are busy at weekends. The rest of the city is a mix of 1960s to 1980s low-rise apartments and older houses on small lots.

This is one of the more rental-heavy municipalities in the region, and the city has policies aimed at protecting and replacing rental stock. For a buyer that matters most when a building is a candidate for redevelopment, since the tenant relocation obligations attached to it affect what a purchaser can actually do.

Moving to City of North Vancouver: check these before you commit

  • That the address is in the City and not the District, which is a different municipality with a different tax bill and different services.
  • The walk to the SeaBus in practice, uphill on the way home. Lonsdale climbs steeply and quickly.
  • Whether the strata has completed its depreciation report and what it says. The Lower Lonsdale stock includes a lot of 1990s buildings with envelope histories.
  • Whether the building is covered by rental replacement or tenant protection policy, if redevelopment is the plan.
  • The age of the building envelope on 1980s and 1990s wood-frame stock, which is the region's known weakness.

The publisher reports "North Vancouver" as one market, so the City and the District carry the same figure.

03, Where the numbers come from

Sourced, dated, and separated from the guesswork

Every City of North Vancouver figure below is cited, stamped with the period it describes, and editable, because a number for the whole city rarely describes your purchase. Appreciation and investment returns are assumptions rather than facts, and they are labelled that way. Read the methodology for how the line is drawn.

Housing data
Version 1
Assessed 1 July 2025, rents June 2026

  • Prices, rents and tax rates: published statistics and the official schedules.
  • Nothing here is a lender quote, a pre-approval or financial advice.

Where the City of North Vancouver figures come from

  1. Schedule 704: Taxes and Charges on a Representative House, 2026 · Province of British Columbia, Ministry of Municipal Affairs · retrieved
    Supports: The assessed value of a representative single-family house in every British Columbia municipality, as valued by BC Assessment on 1 July 2025, School, general municipal, regional district and BC Assessment/MFA levies on that house, from which the total residential rate is computed, Parcel taxes and user fees per municipality: $1,459 a year in Port Coquitlam against $4,776 in Lions Bay
  2. Additional school tax rate · Province of British Columbia · retrieved
    Supports: 0.2% on the residential value between $3,000,000 and $4,000,000 and 0.4% above it for the 2026 tax year, Budget 2026's increase to 0.3% and 0.6% effective for the 2027 and subsequent tax years
  3. Metro Vancouver Rent Report, June 2026: averages by municipality · liv.rent · retrieved
    Supports: Average asking rent for unfurnished units by municipality, for the nine municipalities the publisher reports by name, A Metro Vancouver average of $2,090 for a one-bedroom and $2,750 for a two-bedroom in June 2026, Year-over-year declines in unfurnished one-bedroom rent across every municipality reported
  4. Metro Vancouver home sales lose brief momentum: July 2026 statistics · Greater Vancouver REALTORS® · retrieved
    Supports: An MLS® HPI composite benchmark of $1,088,800 across the board area in July 2026, down 6.2% year over year, The market-wide series these pages are careful not to confuse with an assessment roll value
  5. Regulations amending the Insurable Housing Loan Regulations and the Eligible Mortgage Loan Regulations (SOR/2025-55) · Canada Gazette, Part II · retrieved
    Supports: The $1.5 million insured price cap, which more than half these municipalities' representative houses now exceed, 30-year insured amortization for first-time buyers and new builds
  6. Property transfer tax · Province of British Columbia · retrieved
    Supports: Transfer tax brackets, First-time buyer and new build exemptions