North Shore Art Crawl — October 3 & 4 | North + West Vancouver
One of the best weekends to explore local art. More than 100 artists at 70 locations across North and West Vancouver will be showcasing painting, pottery, photography, jewelry, textiles and more. It’s FREE and many locations include demonstrations or opportunities to meet the artists.

West Van Run — Saturday, October 3 | Ambleside Park
A very North Shore way to spend a fall morning. The 10K run and walk begin at 8:30 am, followed by the Kids 1K at 10:30 am, with celebrations at Ambleside Park. Good for those who simply want to come down and cheer people on.

Public Disco Festival — October 3 | Shipyards
For the grown-ups: The Shipyards hosts a 19+ waterfront electronic music festival from 2–10 p.m., with two stages, international and local DJs, an all-vinyl listening lounge and an outdoor food market. Ticketed.

PumpkinFest — October 4 | West Vancouver Community Centre
A great family pick with a pumpkin patch, pony rides, petting farm, live music and treats. Runs from 10 a.m.–2 p.m., rain or shine.

Pay-What-You-Can Day + Lonsdale History Walk — October 4 | Lower Lonsdale
MONOVA offers pay-what-you-can museum admission all day, plus a special 60-minute walking tour of Lonsdale at 3 p.m. Good for families, visitors or anyone who enjoys local history.

Canyon Frights — Starts October 9 | Capilano Suspension Bridge Park
Halloween arrives early in North Vancouver. The park transforms with family-friendly Halloween displays throughout the rainforest, Cliffwalk and Treetops Adventure, along with seasonal food and treats. It begins Friday, October 9 runs until November 1 and is included with admission or an annual pass.

Kids’ Halloween Costume Swap — October 14 | Lynn Valley Library
A clever way to get ready for Halloween without buying another costume: Lynn Valley Library hosts its Kids’ Halloween Costume Swap at 3 p.m. on October 14.

Dates and programming can still change so please check the respective links for more information closer to the event.

A 9-part series - District of North Vancouver’s new residential zoning rules.

Part 3 of 9: Could Your Next North Vancouver Home Be Three Storeys?

If the District is discouraging deep underground basements, where does that living space go?

Increasingly, the answer may be up.

Under the new residential zoning rules, a principal house can generally be designed with as many as three storeys, with the storey count including applicable basement and attic living areas.

Maximum overall height will generally be:

• 33 feet (10.1 metres) for a flat or very low-pitched roof

• 38 feet (11.6 metres) for a qualifying pitched roof

There are additional height controls toward the front and rear portions of a property intended to reduce the impact of taller homes on neighbouring properties.

The result could be a gradual change in the way new detached homes in North Vancouver are designed.

Rather than putting significant living space underground, future homes may make greater use of above-ground floors.

What does this mean for my property?

If you are considering rebuilding, don't assume your future home needs to follow the same basic shape as the house currently sitting on the lot.

A three-storey design may provide different options for bedrooms, family areas, views and multigenerational living.

But being permitted to build taller does not necessarily mean you can build a substantially larger house. Overall floor-area limits still apply.

Height, floor area, setbacks, slope and neighbouring properties all work together in determining what can actually be built.

And there is another potentially valuable opportunity under the new zoning — particularly for R2 properties.

Next week: Could You Build a 1,400 Sq. Ft. Coach House on Your Property?

This article is a general summary and is not intended as legal or planning advice. Property-specific requirements should always be confirmed with the District of North Vancouver.

For some real estate buyers, the value of a property isn’t just in what it is today — it’s in the number of options it may offer over time.

That is what makes 423–425 East 2nd Street particularly interesting.

Currently improved with a side-by-side duplex, the property sits on a 50' x 120' lot with sunny southern exposure, city and water views, lane access and a convenient Lower Lonsdale location. Each side offers three bedrooms, 2.5 bathrooms, private outdoor space and two parking spaces.

But it’s the flexibility that deserves a closer look.

An Investment That Doesn't Require an Immediate Plan

One side, 423, is currently rented to a long-term tenant at $2,300 per month, providing income from day one. The adjoining home at 425 is vacant.

That combination opens up several possibilities.

An investor could rent both sides. An owner could live in one and collect rent from the other. Two generations of a family could live next door to one another. A buyer could renovate and reposition the existing homes — or simply hold the property while considering longer-term plans.

There is value in having time to decide.

Why the Land Is Part of the Story

Housing policy in the City of North Vancouver has been evolving quickly.

Provincial small-scale multi-unit housing legislation has required municipalities to permit additional housing on many properties that were traditionally limited to single-family homes and duplexes. The City has consequently been updating both its Official Community Plan and zoning regulations, including provisions for three, four and, in certain locations, up to six dwelling units.

That makes properties with established residential use, good lot dimensions and convenient locations particularly worth investigating for buyers thinking beyond the existing improvements.

423–425 East 2nd has historically been associated with RG-3 ground-oriented residential zoning, a category intended for ground-oriented multi-family housing. Under the RG-3 regulations, density could reach up to 1.0 Floor Space Ratio (FSR), subject to the applicable development regulations and guidelines. The City notes that zoning determines matters such as permitted uses, density, building form, setbacks and lot coverage. 

Given the changes to North Vancouver’s planning framework, buyers should not rely solely on historical zoning or an assumed unit count when evaluating redevelopment potential. Anyone contemplating redevelopment should independently confirm the property's current zoning, OCP designation, permitted density and development requirements with the City of North Vancouver. The City's CityMap Property Report is one tool buyers can use to investigate individual properties.

The Appeal of Optionality

Redevelopment properties sometimes come with an uncomfortable trade-off: buyers pay for future potential while owning something that produces little value in the meantime.

This property is different.

There is already a substantial duplex in place. There is existing rental income. There is a vacant residence available for immediate use. And there is a sizeable parcel of land that may warrant further investigation for longer-term possibilities.

In other words, there doesn't have to be one strategy.

Live in one. Rent the other. Hold both. Renovate. Or investigate what could come next.

For an investor or buyer who values flexibility, sometimes the opportunity isn't having to know exactly what you'll do with a property on day one.

It's having several viable choices when you get there.

Curious what the zoning or redevelopment potential of your own property might mean? We are always happy to help you understand the pieces — and when appropriate, point you toward the City or other professionals who can confirm exactly what is possible.

423–425 East 2nd Street, North Vancouver
Side-by-side duplex | 6 bedrooms | 6 bathrooms | 3,044 sq. ft.
50' x 120' lot | $2,199,000 Jasmine Botto

View 423–425 East 2nd Street

There are a few important developments in the rental market right now that both landlords and buyers should be aware of.

Asking Rents Continue to Ease

The average asking rent in Canada fell to $2,035 in August 2026, down 4.8% compared with a year earlier. That marked the 23rd consecutive month of year-over-year declines.

The national figures do not mean every neighbourhood or property type is behaving the same way, but they do show that renters generally have more choice than they did during the tightest part of the rental market.

For landlords, that may mean paying closer attention to pricing, presentation and how a rental compares with competing properties. For renters, it may create more opportunity to compare options rather than feeling pressure to act immediately.

B.C.’s 2027 Rent Increase Limit Is 2.2%

The Province of British Columbia has set the maximum allowable annual rent increase at 2.2% for 2027, down slightly from 2.3% in 2026. The Province says this is the seventh consecutive year the allowable increase has been set at or below inflation.

Landlords who choose to increase rent must still follow the requirements of the Residential Tenancy Act, including using the proper notice and providing the required notice period.

Buying a Home With a Tenant in Place?

This is an area where buyers need to be especially careful.

A tenancy does not automatically end when a property is sold.

If a buyer intends to occupy the property themselves, the process has to be handled correctly. For purchaser occupancy, B.C. requires the landlord to generate the appropriate notice through the Residential Tenancy Branch web portal and provide the tenant with at least three months’ notice.

That timing can become very important when an offer includes vacant possession.

A buyer may assume that possession day and move-in day will be the same, but if the tenancy notice has not been served correctly — or the dates do not line up — that assumption can create complications.

For that reason, when we are helping someone purchase a tenanted property, we pay close attention to the tenancy, proposed possession date and the wording of the contract well before subjects are removed.

What Does This Mean for Buyers and Landlords?

For landlords, softer asking rents mean it is increasingly important to understand what comparable rental properties are actually asking — and what tenants are choosing.

For buyers, particularly those purchasing a property they plan to occupy, the existence of a tenant should be considered early in the process, not after the offer has been accepted.

The rules around tenancies can affect timing, possession and even whether a particular property is practical for your plans.

If you are buying, selling or considering a rental property, getting advice early can help avoid surprises later.

Why Sellers and Buyers Often See Value Differently

When homeowners think about the value of their property, it is natural to start with what they paid, how much they have invested in renovations, or what a nearby home sold for last year.

Buyers tend to look at value very differently.

They are comparing your home with what else they can buy today.

That distinction is important.

A seller may be thinking:

• We paid $X for the home.

• We spent $150,000 renovating it.

• The neighbour sold for $X last year.

• We need a certain amount in order to make our next move.

All of those things matter personally and financially. But they do not necessarily determine current market value.

Buyers Compare — They Don’t Calculate Your Costs

When a buyer walks through your home, they are usually comparing it with the other properties they have recently viewed.

They are asking questions such as:

How does the location compare?
Is the home renovated or will it require work?
How functional is the floor plan?
What is the exposure and natural light like?
How large is the lot?
What condition is the home in?
How does the price compare with similar properties currently available?

In other words, buyers are not usually calculating what the seller has invested. They are deciding whether the home represents good value relative to their other choices.

Renovations Add Value — But Not Always Dollar for Dollar

Renovations can absolutely make a property more appealing and more valuable.

A thoughtfully renovated kitchen, updated bathrooms, new windows, improved mechanical systems or a well-designed outdoor space can all influence how buyers perceive a home.

But renovation costs do not automatically translate directly into resale value.

A seller may spend $100,000 on improvements without increasing the market value by exactly $100,000. Some improvements appeal to a broad range of buyers, while others are highly personal.

Condition, quality, design, timing and buyer demand all play a role.

Last Year’s Sale Is Not Today’s Market

Another common reference point is a neighbour’s sale.

Comparable sales are extremely useful, but context matters.

A sale from six or twelve months ago may have occurred under very different conditions — with fewer homes available, more buyer competition, different interest rates or different momentum in the market.

Even two homes on the same street can perform differently because of lot size, renovations, exposure, floor plan, view, parking, condition or location within the block.

The most relevant question is not simply:

“What did the neighbour sell for?”

It is:

“How does my home compare with the alternatives buyers have right now?”

Pricing Is About Positioning

A successful pricing strategy is not just about choosing a number.

It is about positioning your property within the current market so buyers see it as one of the strongest choices available in its category.

Price too high, and buyers may simply choose the competing property down the street.

Price appropriately, present the home well and market it effectively, and you create a much better opportunity for buyers to engage.

That is why we look at more than historical sales when evaluating a property. We also consider current competition, recent buyer behaviour, days on market, neighbourhood trends and how the home compares in terms of condition, layout, location and overall presentation.

The Market Ultimately Sets the Value

Sellers determine the asking price.

Buyers determine whether that price makes sense.

The strongest results tend to happen when those two perspectives are brought together — using good market evidence, realistic positioning and a clear understanding of what buyers are comparing.

If you are considering selling, understanding how buyers are likely to view your home can be just as important as knowing what similar homes have sold for.

Metro Vancouver inventory remains 26.2% above the 10-year seasonal average, while sales were 20.7% below the 10-year average. Prices have consequently been drifting rather than collapsing, with the composite benchmark down 5.6% year-over-year. (GVR Realtors)

For the North Shore specifically, the contrast is interesting. North Vancouver finished August with roughly seven months of inventory — generally balanced territory — while West Vancouver had approximately 13 months, giving buyers considerably more leverage there.
If you’ve been following the real estate headlines, you’ve probably heard plenty about slower sales, more inventory and softer prices.

But what does any of that actually mean for you?

The more useful story as we head into the fall market is that buyers and sellers are operating with a very different set of conditions than they were a few years ago — and that creates opportunities on both sides.

If You’re Buying: You Have Something Buyers Haven’t Had in a While — Time

Across Metro Vancouver, there are still considerably more homes for sale than we would normally see at this time of year, while sales remain well below historical averages.

That means buyers can often:

· compare several properties before making a decision

· negotiate more confidently on price and terms

· include appropriate subjects for financing, inspection and due diligence

· walk away from a property that simply doesn’t make sense

Perhaps most importantly, you don’t necessarily have to compete.

There are still great properties that attract immediate attention, but the overall market is giving buyers more breathing room than we’ve seen for much of the past decade.

If you have been waiting for a market where you can make a thoughtful decision rather than a rushed one, this may be it.

If You’re Selling: The Market Is Still Moving — But Buyers Are Choosy

Homes are selling. But buyers have alternatives, and that changes how a property needs to come to market.

Today, pricing slightly too high with the intention of “testing the market” can be costly. Buyers can easily compare your home with everything else available and may simply move on.

The listings that tend to stand out are the ones that are:

well prepared, well presented, well marketed and priced appropriately from the beginning.

This doesn’t mean sellers need to give their homes away. It means understanding your competition — and your neighbourhood — matters more than ever.

And If You’re Waiting for Prices to Bottom Out?

This may be the most interesting part of the current market.

Prices have softened, but we aren’t seeing the kind of dramatic correction some buyers have been waiting for.

At the same time, inventory has started to come down from its recent highs.

That creates an important trade-off: waiting may bring a slightly lower price, but it could also mean less selection or more competition later.

For buyers who find the right home today, negotiating the right purchase may ultimately matter more than perfectly predicting the bottom of the market.

The North Shore Isn't One Market

This is especially important locally.

North Vancouver is currently behaving much more like a balanced market, while West Vancouver remains substantially more favourable to buyers.

And within those markets, a detached home in Lynn Valley can behave very differently from a Central Lonsdale condo or a Dundarave apartment.

That’s why broad market statistics are only the starting point.

The number that matters most isn't what Metro Vancouver did last month — it's what comparable homes are doing in your neighbourhood and price range.

If you’re wondering what these market conditions mean for your own home or your next purchase, we're always happy to help you make sense of the numbers.

A 9-part series - District of North Vancouver’s new residential zoning rules.

Part 2 of 9: Thinking About Rebuilding? North Vancouver’s Basement Rules Are Changing

One of the most significant changes in the District’s new residential zoning rules involves basements.

For years, many North Vancouver homes have been designed with substantial portions of their living space below grade. Under the new rules, that approach is changing.

New fully in-ground basements will no longer be permitted.

Partial basements can still be built, but on a sloping lot the basement can generally extend only about 4 feet, or 1.2 metres, into the ground on the downhill side.

The District is essentially shifting usable living space above ground rather than underground.

That does not mean homeowners with existing basements suddenly have a problem.

Existing legal basement construction is not being eliminated, and renovations to existing basements can generally continue subject to the applicable rules and permitting requirements.

The biggest impact is likely to be felt when someone is planning a new house or substantial redevelopment.

What does this mean for my property?

If you are contemplating replacing your home, the new basement rules could significantly affect how the new house needs to be designed.

A floor plan that might have worked under the previous zoning may no longer work in the same way, particularly on sloping North Vancouver properties.

It also means homeowners considering redevelopment should look at the property as a whole rather than assuming they can reproduce the same basement configuration found in neighbouring homes.

The trade-off is that the new zoning provides more flexibility elsewhere — including the possibility of building taller.

And that is where we are going next.

Next week: Could Your Next North Vancouver Home Be Three Storeys?

This article is a general summary and is not intended as legal or planning advice. Property-specific requirements should always be confirmed with the District of North Vancouver.

Buying a condo is about much more than the suite itself.

The kitchen, layout, view and location may be what first attract you, but some of the most important information about a property is found in the strata documents. Before a buyer removes subjects, we spend time looking for anything that could affect future costs, enjoyment of the home, or resale value.

Here are seven areas we pay particularly close attention to.

1. The Form B

The Form B is one of the most important documents in a strata purchase. It can reveal current strata fees, parking and storage allocations, outstanding amounts, approved special levies, legal proceedings and other important details about the strata lot.

It is a good starting point — but it should never be the only document reviewed.

2. Depreciation Reports

A depreciation report gives us a long-term look at the building’s major components and anticipated repair or replacement costs.

We look at items such as the roof, windows, plumbing, elevators, balconies, parkade membranes and building envelope. Just as importantly, we compare the report with the strata’s current financial position and recent minutes.

A building can have a long list of future projects without necessarily being a concern. The bigger question is whether the strata appears to be planning and funding for them responsibly.

3. AGM and Council Minutes

Minutes can tell you a great deal about how a building is being run.

We look for recurring issues, major repairs, owner complaints, insurance matters, leaks, noise concerns, legal disputes, maintenance plans and anything else that appears repeatedly.

One isolated issue may mean very little. A pattern is more important.

4. The Contingency Reserve Fund

The Contingency Reserve Fund, or CRF, is money set aside for larger repairs, replacements and emergencies. 

A healthy reserve does not guarantee there will never be a special levy, but it can give the strata more flexibility when major expenses arise.

We look at the size of the fund, recent withdrawals, upcoming projects and whether the current contribution level appears realistic.

5. Insurance

Strata insurance has become an increasingly important part of condo due diligence.

We review the building’s insurance coverage, deductibles and any unusually high deductibles that could potentially affect an owner.

Buyers should also confirm that their own condo insurance will provide appropriate coverage, including deductible assessment coverage where needed.

6. Bylaws and Rules

Bylaws can have a direct impact on how you use your home.

Pets, rentals, smoking, renovations, flooring, barbecues, age restrictions, parking and move-in procedures can all be governed by the strata.

Never assume that because something is common in one building, it will be permitted in another.

7. What Work Has Been Done — and What Is Still Coming

This is where all the documents start to come together.

A depreciation report may identify a future project, while AGM minutes may show that it has already been completed. Or the minutes may reveal that a project has been discussed for several years but still has not moved forward.

We try to establish not only what the building needs, but also what has already been completed, what is planned next, and how it may be paid for.

The Goal Isn’t to Find a “Perfect” Building

Every strata has maintenance issues eventually.

The goal is not to find a building with no future expenses. It is to understand what you are buying, identify potential risks and make an informed decision before you become committed to the purchase.

That is why subject removal is such an important stage of a condo purchase. It is the point where good due diligence can make a very real difference.

If you are considering a condo purchase, we are always happy to help you understand what the documents are actually telling you — and what questions are worth asking before you move forward.

If you are working with us and would like details about the BCAA home insurance referral offer, just ask us. We are happy to provide the referral information so you can explore the potential savings directly with BCAA.

Festivibe 2026 — Saturday, September 19, The Shipyards
A multicultural waterfront festival with live music, cultural performances, food, local vendors and family activities. This is probably the strongest newsletter pick because it feels lively, local and visual. https://vibehouse.ca/festivibe

Horseshoe Bay Community Market — Saturday, September 19, 9 am–1 pm
An autumn-harvest edition featuring seasonal produce, baked goods, preserves and food along the Horseshoe Bay waterfront.
https://westvancouver.ca/events-meetings/events

Also happening on the North Shore…

• North Shore Volunteer Fair — Saturday, September 19, 10 am–2 pm, West Vancouver Community Centre
  A community-focused event connecting residents with local volunteer organizations and opportunities.
  https://www.nvcl.ca/calendar

• Fall Freeze — Sunday, September 20, Karen Magnussen Community Recreation Centre
  Family skating, pool activities, crafts, games, face painting and hot chocolate from 1–4:30 pm. A nice family-oriented option.
  https://www.nvrc.ca/notices-events-blog/whats-new/fall-freeze-coming-karen-magnussen-sept-20

• Jeff Wall Artist Talk — Wednesday, September 23, Kay Meek Arts Centre
  West Vancouver Art Museum is hosting an artist talk connected to Jeff Wall’s Inside exhibition. Tickets are $25.
  https://westvancouverartmuseum.ca/events

• West Van Run — Saturday, September 26
  The 5K and Kids 1K take place September 26, with the 10K and Kids 1K following October 3. This could be a good “coming up” item if your newsletter stays relevant for a week or two.
  https://westvancouver.ca/events-meetings/events

The Bank of Canada has held its policy rate at 2.25%, bringing some stability as we head into the fall real estate market. But interest rates are only one part of the picture.

September often brings a little more energy back to the market as summer holidays wind down and people return to their regular routines. More activity, however, does not necessarily mean a dramatically different market.

For sellers: More buyers may return this fall, but they remain selective. Preparation, presentation and accurate pricing will continue to matter. Buyers need to see the value.

For buyers: Greater selection and less urgency can work in your favour. You may have more time to compare homes, complete your due diligence and negotiate thoughtfully. If the right property appears, waiting for rates or the market to change may not necessarily produce a better opportunity.

For homeowners thinking about moving: You don’t need to know exactly when you’ll make a move to start preparing. Understanding what your current home may be worth, what your next home could cost and what needs to happen before selling can make the eventual transition much easier.

Here in North Vancouver and across the North Shore, conditions can vary considerably by property type, price range and neighbourhood. A condo in Lower Lonsdale may be experiencing a very different market from a detached home in Lynn Valley, Edgemont Village or Deep Cove.

Rather than trying to predict the next interest rate move or the perfect time to buy or sell, we encourage clients to focus on the market we actually have and make decisions based on their own timing and goals.

September feels like a fresh start. Whether you’re planning to buy, sell or simply keeping an eye on the market, it’s a good time to get informed, get prepared and be ready when the right opportunity presents itself.

Wondering what today’s North Vancouver or North Shore market means for you? The Botto Team is always happy to help you look at the numbers and understand your options.

A 9-part series on the District of North Vancouver’s new residential zoning rules.

Part 1 of 9: Has the Zoning on Your North Vancouver Property Changed?

The District of North Vancouver is undertaking one of its biggest zoning updates in decades, and for thousands of homeowners, the letters attached to their property are changing.

As part of the first phase of the zoning rewrite, the majority of the District’s existing single-family residential zones are being consolidated into two new detached residential zones:

R1 – Rural and Suburban Detached Residential
Generally applies to properties outside the Urban Containment Boundary.

R2 – Urban Detached Residential
Generally applies to properties inside the Urban Containment Boundary.

Approximately 19,693 properties inside the Urban Containment Boundary are moving to R2, while approximately 219 properties outside it are moving to R1.

The objective is to replace a complicated collection of older zoning categories with a simpler framework. But although the zoning names are becoming simpler, the rules themselves contain some important changes.

What does this mean for my property?

Your new zoning designation could affect how a future home is designed, whether a coach house can be built, how basement space is treated, permitted building height, setbacks, landscaping and more.

It is also worth remembering that zoning is only one part of the equation. Lot size, slope, environmental restrictions, parking requirements and the location of an existing home can all affect what is ultimately possible.

If you own a detached home in the District, this is a good time to find out what your property is zoned today — not simply rely on what it was zoned when you bought it.

Thinking about how these zoning changes may affect your neighbourhood?

Explore our North Vancouver community guides for more information about homes, local amenities and real estate in Lynn Valley, Central Lonsdale, Lower Lonsdale, Deep Cove, Edgemont Village and other North Vancouver neighbourhoods.

Next week: Thinking About Rebuilding? North Vancouver’s Basement Rules Are Changing.

This article is a general summary and is not intended as legal or planning advice. Property-specific requirements should always be confirmed with the District of North Vancouver.