City of North Vancouver

The City of North Vancouver sits in that sweet spot where urban sophistication meets wilderness adventure, and frankly, it’s hard to argue with a place where you can grab artisanal coffee at Lonsdale Quay, then hike the Grouse Grind before lunch. With a median household income of $123,000 and 80.9% of residents holding post-secondary education, this isn’t your typical bedroom community—it’s where Vancouver’s professionals go when they want both career success and weekend adventures.

The housing market here tells an interesting story. Nearly half the homes are single-detached houses, but you’ll also find a healthy mix of duplexes and row houses that reflect the community’s evolution from quiet residential enclave to dynamic urban center. The Shipyards District has transformed the waterfront into a year-round destination, while neighborhoods like Edgemont Village maintain that small-town charm despite being minutes from downtown Vancouver via the SeaBus.

What sets North Vancouver apart isn’t just the obvious mountain backdrop—it’s the practical reality of living here. The average commute sits at 25.5 minutes, and over a quarter of residents get to work in under 15 minutes. That’s the kind of work-life balance that keeps property values stable and demand consistent. The professional services sector employs 16.1% of residents, followed by healthcare at 11.1%, creating an economic foundation that doesn’t rely on any single volatile industry.

The outdoor recreation scene here isn’t seasonal tourism—it’s a lifestyle. Capilano Suspension Bridge draws visitors year-round, but locals know the real gems: the Baden Powell Trail system, Deep Cove’s kayaking culture, and ski hills that operate well into spring. This recreational infrastructure creates lasting appeal that transcends market cycles.

Tekamar currently maintains a 0% maximum LTV for the City of North Vancouver, keeping our focus on communities where we can provide the most value to brokers and borrowers alike.