North Shore refers to the area north of Burrard Inlet that includes North Vancouver and West Vancouver and their surrounding districts. It is one of Canada’s most affluent regions, with a combined population near 200,000. The neighbourhoods here vary from waterfront enclaves to quieter suburban valleys, but they share consistently high demand and premium pricing.
What’s included on this page
- Best places to buy real estate in North Shore
- How to read the table
- What’s happened in the North Shore real estate market?
- What’s next for real estate in North Shore?
- North Shore’s top three neighbourhoods
- Methodology
Best places to buy real estate in North Vancouver and West Vancouver
Below is a ranked list of North Shore neighbourhoods based on benchmark home prices and several local indicators. The table includes 2022 benchmark prices for all property types, followed by one-, three- and five‑year growth figures, and neighbourhood scores for value, economics and accessibility. Use the table to compare areas by price, historical appreciation and local characteristics.
| Rank | Neighbourhood | wdt_ID | City | Benchmark price 2022 | 1-year growth | 3-year | 5-year | Value | Economics | Accessibility | Children |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Eagleridge | 1 | West Vancouver | $4,256,625 | 32% | 85% | 87% | 3.9 | 5.0 | 0.5 | 45% |
| 2 | Lions Bay | 2 | West Vancouver | $2,235,473 | 17% | 48% | 36% | 3.8 | 5.0 | 0.5 | 45% |
| 3 | Eagle Harbour | 3 | West Vancouver | $2,611,506 | 10% | 42% | 19% | 3.1 | 5.0 | 0.5 | 45% |
| 4 | Horseshoe Bay | 4 | West Vancouver | $2,165,551 | 19% | -20% | 20% | 2.9 | 5.0 | 0.5 | 45% |
| 5 | Seymour | 5 | North Vancouver | $473,148 | 17% | 40% | 62% | 5.0 | 2.8 | 2.2 | 49% |
| 6 | Chelsea Park | 6 | West Vancouver | $4,124,444 | 22% | 92% | 91% | 3.8 | 3.5 | 0.8 | 49% |
| 7 | Caulfield | 7 | West Vancouver | $3,572,803 | 2% | 55% | -6% | 2.2 | 5.0 | 0.5 | 45% |
| 8 | Upper Caulfield | 8 | West Vancouver | $2,802,456 | -4% | 14% | -7% | 2.0 | 5.0 | 0.5 | 45% |
| 9 | Deer Ridge | 9 | West Vancouver | $2,076,111 | 17% | 12% | 31% | 3.4 | 3.5 | 0.8 | 49% |
| 10 | North Lonsdale Delbrook | 10 | North Vancouver | $1,884,524 | 15% | 38% | 27% | 3.7 | 3.0 | 2.5 | 49% |
| 11 | Panorama Village | 11 | West Vancouver | $1,669,838 | 2% | 27% | 3% | 3.1 | 3.5 | 0.8 | 49% |
| 12 | Tempe | 12 | North Vancouver | $1,959,231 | 5% | 18% | 18% | 3.1 | 3.0 | 2.5 | 49% |
| 13 | Cypress Park | 13 | West Vancouver | $2,996,595 | 8% | 28% | -9% | 2.4 | 3.5 | 0.8 | 49% |
| 14 | Lynnmour Inter River | 14 | North Vancouver | $950,552 | 15% | 32% | 28% | 4.2 | 1.3 | 2.0 | 47% |
| 15 | Lynn Valley | 15 | North Vancouver | $1,421,281 | 14% | 26% | 24% | 3.8 | 1.3 | 2.0 | 47% |
| 28 | West Bay | 28 | West Vancouver | $4,818,207 | -23% | -2% | 5% | 0.1 | 2.3 | 1.1 | 34% |
Source: Zoocasa
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How to read the table
- Benchmark price 2022: The composite benchmark price (as of Dec. 31, 2022) represents an estimated typical price across all property types: detached houses, townhouses and apartment units.
- 1-year, 3-year and 5-year growth: The percentage change in the composite benchmark price over each time frame.
- Value, economics and accessibility: Each neighbourhood receives a score from 0 to 5. Value reflects relative affordability and bang for your buck; economics measures local income and education indicators; accessibility assesses walkability, cycling and public transit.
- Children: The percentage of households in the neighbourhood that include children.
- See the full methodology for details on the ranking.
What’s happened in the North Shore real estate market?
Homes on the North Shore rank among the most expensive in Canada. At the end of 2022, the composite benchmark price in North Vancouver was about $1.30 million, while West Vancouver’s benchmark sat around $2.56 million. West Vancouver prices peaked earlier in the year—around June—before easing by roughly 13% from that high. Despite price moderation, the area remained active, with steady sales driven largely by affluent buyers and retirees seeking quality detached homes.
Rising borrowing costs in 2022 affected affordability across the country, but the North Shore’s tight supply and persistent demand kept price declines smaller than in some other markets. Local agents note that while buyers could afford less at higher interest rates, many purchasers remained willing to compete for available homes, sustaining market momentum.
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What’s next for real estate in North Shore?
Inventory on the North Shore tends to be limited, and that scarcity deepened during 2022 as rising mortgage rates discouraged some sellers. For example, new listings in North Vancouver fell materially year over year. When supply is constrained, even modest demand keeps prices elevated.
Local experts expect inventory to remain relatively tight. Even if affordability improves in the near term, North Shore’s limited land, desirable communities and ongoing interest from well-resourced buyers make a dramatic increase in listings unlikely. For prospective buyers, that means competition may persist when attractive properties enter the market.
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Top neighbourhoods in other regions
Alberta
• Calgary • Edmonton
Nova Scotia
• Halifax
British Columbia
• Burnaby, New Westminster, Richmond • Coquitlam, Port Coquitlam, Port Moody • Langley, Pitt Meadows, Maple Ridge • North Shore • Vancouver
Ontario
• Durham Region • Halton Region • Peel Region • Toronto • York Region
North Shore’s top three neighbourhoods
1. Eagleridge, West Vancouver
Eagleridge sits among West Vancouver’s most desirable residential pockets, surrounded by protected green space and scenic vistas. Its 2022 benchmark price of roughly $4.26 million ranks it at the top of the North Shore. Prices there have climbed rapidly: a 32% increase year over year and an 87% gain over five years. Eagleridge scores strongly for local economics and long-term appreciation. Accessibility is limited compared with more central neighbourhoods, but nearly half of households in the area have children, which helps explain its family appeal.
View Eagleridge listings on Zoocasa.
2. Lions Bay, West Vancouver
Lions Bay is a small coastal community that combines dramatic mountain and ocean views with a quiet village atmosphere. With a benchmark price near $2.24 million at the end of 2022, the neighbourhood recorded 17% year‑over‑year growth and longer-term gains of about 36% over five years. Its value and economic scores are strong relative to many nearby areas, though accessibility remains low compared with downtown locations. Lions Bay’s natural setting and lifestyle draw continue to support steady demand.
View Lions Bay listings on Zoocasa.
3. Eagle Harbour, West Vancouver
Eagle Harbour returned to the top three with a 2022 benchmark around $2.61 million. The neighbourhood’s waterfront location and outdoor amenities make it popular with boating and nature enthusiasts. Yearly growth was about 10%, with three-year increases above 40%. Economic indicators in Eagle Harbour are excellent, and nearly half of households include children, underlining its family-oriented character. Accessibility remains modest, reflecting its more residential and less transit‑oriented setting.
View Eagle Harbour listings on Zoocasa.
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Further reading on buying a home
- Mortgage affordability calculator
- How much you need to earn to afford a home in Vancouver and the GVA
- How to benefit from being a first-time home buyer in B.C.
- Buying a second home: How it works in Canada
What does the * mean?
Some links on this page are affiliate or sponsored links. These partnerships may generate revenue that helps keep the site free to users. Editorial content remains independent: listings, rankings and analysis are not determined by compensation. For full details, see the publisher’s monetization policy.
About this article
This content was produced by MoneySense in collaboration with Zoocasa and presented with support from Ratehub.ca. Data and figures are sourced from Zoocasa and reflect benchmark prices and neighbourhood indicators for the North Shore as of Dec. 31, 2022.