5577 Indian River Dr, North Vancouver, BC, MLS® R3029725

$5,499,000
Est. Mortgage /mo

$5,499,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
6 Beds
4 Baths
3 Stories
lot 12801 sqft
4074 sqft
2018 built
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Schools
Crime
Commute
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5577 Indian River Dr, North Vancouver, BC | MLS® R3029725 Property Details

Experience true waterfront luxury in this modern 2018-built Woodlands home. Thoughtfully designed with seamless indoor-outdoor flow, eclipse doors open to expansive decks & panoramic views of Indian Arm. The open-concept layout features a gourmet chef’s kitchen, elegant living/dining areas & stunning ocean vistas throughout. Upstairs includes two spacious bedrooms and a dreamy primary suite w/ private deck & hot tub. A main-floor office/bedroom adds flexibility & a self-contained 2-bed suite offers income potential or guest space. Tons of storage, flat driveway & oversized 1,119 sqft garage w/ 11-ft ceilings. The ultimate in West Coast lifestyle w/ access to your private, deep-water dock to enjoy boating, paddle boarding & swimming. You will feel like you are on vacation every day.

General Info

Price $5,499,000
Total Bedrooms 6
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 4074
Lot Size 12801
Lot Size Depth Feet
Lot Size Frontage 51.7
Basement Full, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 2018
Age Of Building 7
Building Type Single Family Residence
Property Type Residential
Stories 3
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R3029725
Area North Vancouver
Neighbourhood Woodlands-Sunshine-Cascade
City North Vancouver
Gross Taxes $12,993.93
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 2
Heating Type Radiant

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Public

Parking

Parking Type Garage Double, Open, Garage Door Opener
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning RS2
Rental Suites Unauthorized Suite
# of Kitchens 2
Flooring Hardwood
Foundation Concrete Perimeter
Interior Features Storage
Locker -
View 1
View Description Spectacular Ocean Views
Units In Development -
Exterior Features Balcony
Sewer Septic Tank
Roof Torch-On

Property History

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Status Date Price
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Listed by: Royal LePage Sussex & Royal LePage Sussex

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Private Schools

Elementary
St.Pius X Elementary School
4.35 km
Rating 9/10
Elementary, Secondary
Lions Gate Christian Academy
6.19 km
Rating 9.2/10

Closest Transit

Translink
Southbound Belcarra Bay Rd @ Whiskey Cove Lane
2.32 km
Welcome to 5577 Indian River Drive, North Vancouver, BC - MLS® R3029725

As we step into the charming community of North Vancouver, you'll discover a haven of tranquility and opportunity. Let me guide you through the highlights of this incredible neighborhood.

Education

Just down the road from 5577 Indian River Drive, you'll find St. Pius X Elementary School, rated 9/10 by parents and educators alike. This esteemed institution is just 4.35 km away, making it an ideal choice for families. For secondary education, Lions Gate Christian Academy stands out as a top-notch option, boasting a 9.2/10 rating and situated 6.19 km from our MLS® R3029725 listing.

Safety and Security

According to the latest crime statistics from Statistics Canada (2020), the neighborhood surrounding 5577 Indian River Drive, North Vancouver, BC boasts a low crime rate of 3,915.47 incidents per 100,000 population. Compared to other Canadian cities, this is a reassuringly low rate. Year-over-year, the total crime rate has decreased by 11.91%, providing even greater peace of mind for residents.

Let's take a closer look at the specific crime rates in the area:

  • Drug-related offenses are low, with a rating of 47.66 and only 44 incidents in 2020.
  • Property crimes are well below average, with a rating of 2,464.09 and 2,275 incidents in 2020.
  • Violent crimes are also low, with a rating of 613.05 and 566 incidents in 2020.
Demographics and Lifestyle

The community surrounding 5577 Indian River Drive, North Vancouver, BC is characterized by a high percentage of residents with university certificates or degrees (42.9%), making it a hub for educated professionals and families. In contrast, only 8.2% of the population has no certificate or degree, which is a low percentage compared to the average in BC.

More than 48.8% of households in this area have a mortgage, which is a below-average figure. However, the median household income of $121,984 is significantly higher than the British Columbia average, indicating a thriving and affluent community.

Transit and Commuting

Residents of 5577 Indian River Drive, North Vancouver, BC have easy access to public transportation, with the Southbound Belcarra Bay Rd @ Whiskey Cove Lane bus stop just 2.32 km away. Unemployment rates in the area are also low, at 4.9%, making it an attractive choice for those seeking employment opportunities.

Real Estate and Lifestyle Amenities

The average value of dwellings in this neighborhood is a staggering $1,406,874, which is high compared to other areas in British Columbia. With a median owner payment of $1,927 and a median tenant payment of $1,289, residents can enjoy a comfortable living arrangement.

Approximately 15.7% of the population in this area are renters, which is below average compared to other BC cities and areas. The community surrounding 5577 Indian River Drive, North Vancouver, BC also boasts a high percentage of English speakers (87.9%), while 11.5% of the population speaks both English and French, and 0.6% does not speak either language.

Getting Around

The majority of residents in this area use cars (83.7%) to get around, with a smaller percentage using public transportation (6.5%). However, 2.9% of residents use bicycles, which is above average, and 4% walk, which is average.

Discover 5577 Indian River Drive, North Vancouver, BC - MLS® R3029725

As you can see, 5577 Indian River Drive, North Vancouver, BC - MLS® R3029725 offers an exceptional blend of safety, education, and lifestyle amenities. With its low crime rate, high median household income, and easy access to public transportation, this community is an attractive choice for families and professionals alike.

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $5,499,000
North Vancouver No comparables
Woodlands-Sunshine-Cascade No comparables
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
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