View all 33 imagesAbout North Vancouver
North Vancouver lies settled in the Burrard Inlet on the Belcarra River shore. The city boasts 58,000 inhabitants with a small 11.89-kilometre-sized piece of land. The Vancouver suburb features a magnificent North Shore Mountain Range skyline, blending urban and rural life.
The average home price in North Vancouver at approximately 1.3 million dollars. A family of four pays nearly four thousand dollars a month to live comfortably and around $1,500 for single occupancy. However, North Vancouver attracts newcomers for its many amenities, which some say balance the cost of living.
The city of North Vancouver experiences a mild climate of dry summers and rainy winters. Inhabitants can expect to experience a community-wide celebration of diversity and a plethora of recreational centres provided by the city. North Vancouver is ideal for those who love living near Vancouver but want the seclusion of the many friendly neighbourhoods.
North Vancouver - Land Transfer Tax
When purchasing a property in North Vancouver, you’ll have to pay the British Columbia Property Transfer Tax, which is due upon closing. There is no municipal transfer tax. If you’re a first-time home buyer, you could be eligible for a rebate to a maximum of $8,000. See below for British Columbia Property Transfer Tax rates.