MLS® Listings · Updated Daily

North Vancouver Houses Under $1.5 Million

Every active detached house for sale in North Vancouver priced under $1.5 million, updated continuously from the MLS®.

This is the thinnest bracket in the North Shore detached market — inventory is concentrated in Norgate, Pemberton, and select Westlynn pockets, with occasional properties in Queensbury and Seymour. If you are finding options limited here, the under-$2 million bracket opens up significantly more inventory. Wallace Green Real Estate Group has helped 500+ North Shore buyers and sellers. Browse below, save this search to see new listings 24 to 48 hours before they hit Realtor.ca, or reach out directly when you are ready to talk.

See new listings under $1.5M million before they hit Realtor.ca. Save this search and we will email you the moment a matching home comes to market — typically 24 to 48 hours before it appears on public aggregators.

April 2026 · GVR REALTOR® Report

North Vancouver detached market

Benchmark Price

$2,129,900

−2.8% year over year

Median Days on Market

28

Balanced market conditions

Sales-to-Active Ratio

17.2%

401 active · 69 sales

Under $1.5 million is the thinnest bracket in the North Vancouver detached market. Active listings are typically limited to 20 to 30 properties at any given time, concentrated in a handful of entry-level pockets. Well-priced homes in this range move quickly when they appear. Buyers finding inventory too limited here will find the under-$2 million bracket opens up significantly more options across more neighbourhoods.

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

What you find in North Vancouver under $1.5 million

Under $1.5 million is the thinnest bracket in the North Vancouver detached market. Inventory is most concentrated in Norgate and Pemberton, with occasional properties appearing in Westlynn, Queensbury, and Seymour. Active listings in this bracket typically number between 20 and 30 at any given time — meaningfully less than the under-$2M bracket above it.

Most properties are compact post-war homes between 1,200 and 1,800 square feet, on lots from 4,000 to 6,000 square feet, typically built between 1950 and 1975. The majority are in original or minimally updated condition. Fully renovated homes at this price point are unusual and tend to move very quickly when they appear.

What this bracket genuinely buys: a foothold in the North Vancouver detached market, often with a suite already in place or the layout to support one. What it does not buy: size, finishes, or location flexibility. Buyers in this range are often choosing between a smaller detached home requiring renovation and a significantly larger, newer townhome or condo at the same price.

What buyers should know at this price point

Inventory moves fast when it appears. Well-priced homes under $1.5 million in North Vancouver attract immediate attention. Having your financing confirmed and your criteria clear before you start viewing is not optional at this bracket — it is the difference between writing an offer and watching someone else buy it.

Suite potential is often the entire financial rationale. A legal or unauthorized suite generating $2,000 to $3,500 per month can make the carrying cost of a home in this bracket manageable. Many properties here already have suites in place. The MLS does not filter for this directly — contact us and we will build a tailored search.

Renovation budget is non-negotiable. Budget $60,000 to $200,000 on top of purchase price for most homes in this range. The purchase price is low because the home needs work. Factor that cost in before making an offer, not after.

Consider whether widening your budget changes the equation. The jump from $1.5M to $1.8M or $2M opens up significantly more inventory, better neighbourhoods, and more realistic condition expectations. If your financing allows it, compare what is available in the under $2 million bracket before committing to this range.

The MLS search above filters by price, bedrooms, bathrooms, square footage, and year built. It does not filter directly for suites, views, cul-de-sac lots, or laneway potential. If any of those matter to your search, contact us and we will build a tailored search around what you are actually looking for.

By the numbers

500+

Homeowners helped over the past decade

Top 10%

Greater Vancouver REALTORS® Medallion Club

#1

Real Estate Office on the North Shore by units sold

#1

Oakwyn Realty office in Greater Vancouver, 7 years

500+ figure represents the combined total of buyers and sellers assisted by Wallace Green Real Estate Group members since 2015. Greater Vancouver REALTORS® Medallion Club recognizes the top 10% of approximately 15,000+ members based on total MLS® units sold. Scott Wallace qualified in 2018 and every year 2020 through 2025; Carson Green qualified in 2018 and every year 2021 through 2025. North Shore office ranking based on Greater Vancouver REALTORS® MLS® Statistics, January to December 2025. Greater Vancouver office ranking based on Greater Vancouver REALTORS® MLS® Statistics, January 2019 through December 2025, by gross dollar volume sales.

Frequently Asked

Buying under $1.5 million in North Vancouver

How much detached inventory is there under $1.5 million in North Vancouver?

This is the thinnest bracket in the North Vancouver detached market. Active listings under $1.5 million are typically limited to 20 to 30 properties at any given time, concentrated in Norgate, Pemberton, and select Westlynn pockets. If you are finding inventory too limited here, widening your search to under $1.8 million or under $2 million meaningfully expands your options.

What kind of house can I get for under $1.5 million in North Vancouver?

At this price point expect a compact post-war home, typically 1,200 to 1,800 square feet, on a lot between 4,000 and 6,000 square feet, likely in original or minimally updated condition. Most properties in this bracket require meaningful renovation budgets. A legal or unauthorized rental suite is common and often the financial case for buying at this price point.

Should I consider a townhome or condo instead of a detached house at this price point?

Worth considering seriously. Under $1.5 million, North Vancouver townhomes and condos offer significantly more inventory, newer construction, and lower maintenance than detached homes in the same range. If outdoor space and a detached structure are not non-negotiable priorities, a townhome under $1.5 million in Lynn Valley, Pemberton, or the Lonsdale corridor often delivers better value per square foot.

What is the difference between buying under $1.5 million versus under $2 million in North Vancouver?

The jump from $1.5M to $2M is one of the most meaningful in the NV detached market. Under $1.5M offers limited inventory, smaller homes, and higher renovation requirements. The under-$2M bracket opens up significantly more neighbourhoods, larger lots, and better condition properties. If your budget can stretch, the additional inventory in the $1.5M to $2M range is worth serious consideration. Browse houses under $2 million to compare.

Ready When You Are

Looking at North Vancouver houses under $1.5 million?

We will walk you through current inventory in your range, tell you honestly what is realistic, and set up a tailored search for the specific features that matter to you — suites, lot size, catchment, condition. No pressure, just a focused conversation.

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Get In Touch

Wallace Green Real Estate Group

Mobile: 604-377-4551

Phone: 604-506-5364

EMAIL

Office Info

Oakwyn Realty

101 - 3151 Woodbine Drive  North Vancouver,  BC  V7R 2S4 

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