Canyon Heights, North Vancouver - September 2026 Real Estate Report

Canyon Heights, North Vancouver: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you have been watching the "For Sale" signs in Canyon Heights, here is what is actually happening. The market is not crashing. It is not on fire either. It is taking a measured breath - and for homeowners who know their real numbers, that is actually a decent place to be.

We are a houses-only story up here in Canyon Heights. The average sale price for a house is sitting at $2,010,000, with price per square foot around $1,149. Only 1 house sold recently, which is thin volume - but that is not panic, that is just a quiet stretch on a street where homes do not change hands often. The predicted market value for houses comes in at $2,694,852, which is slightly down from the 3-month moving average of $2,713,820. A small dip, not a slide.

• Average sale price (Houses): $2,010,000
• Price per square foot: $1,149
• Predicted market value: $2,694,852
• 3-month moving average: $2,713,820
• Recent value change: 0.36%
• Properties assessed this year: 766
• Transactions in 2026: 3

The Secret Sauce - Your HonestDoor Price vs. That Government Number

Here is the thing most Canyon Heights homeowners do not realize. The city's assessed value for a house here averages $2,590,653. That number was calculated months ago, using data that is even older than that. It is a snapshot of a moment that has already passed.

The average HonestDoor Price right now is $2,710,108. That is $119,455 more than what BC Assessment says your home is worth - a gap of 4.61%. The HonestDoor Price has also nudged up 0.57% from the previous period. It is a real-world check built on current market signals, not a government filing that gets updated once a year.

If you are making any financial decision - refinancing, selling, even just benchmarking your net worth - using the assessed value is like navigating with last year's map. The HonestDoor Price is the live version.

• Average assessed value: $2,590,653 (ranked 5th in North Vancouver)
• Average HonestDoor Price: $2,710,108
• Gap in your favour: $119,455 (4.61% higher than assessment)
• HonestDoor Price change from last period: +0.57%

The Rental and Airbnb Picture

Canyon Heights also punches above its weight on short-term rental potential. The average Airbnb estimate is $428 per night, which ranks 3rd in all of North Vancouver. That is a top-tier number. Long-term rental estimates sit at $8,614 per month, with a rental yield of 3.44% - described as moderate, but on a $2.7M asset, moderate still means serious monthly income.

• Average rental estimate: $8,614 per month
• Rental yield: 3.44%
• Airbnb estimate: $428 per night
• Airbnb rank in North Vancouver: 3rd

The Neighbourhood Leaderboard

On the growth leaderboard, Canyon Heights ranks 32nd out of 52 comparable neighbourhoods in North Vancouver. That puts us in the below-average tier for growth right now. Year-over-year neighbourhood growth is down 0.03%. Not alarming, but honest.

On price, though, we rank 19th out of 46 - solidly above average. Canyon Heights is not the fastest-moving neighbourhood, but it is one of the more expensive ones. That combination means stability, not momentum.

Here is how we stack up against the neighbours:

• Handsworth - HonestDoor Price $2,626,613, Rental $8,444, Growth -0.03% - cheaper than us, growing at the same pace
• Delbrook - HonestDoor Price $2,361,836, Rental $7,759, Growth -0.02% - cheaper than us, growing slightly faster
• Cleveland - HonestDoor Price $2,268,215, Rental $7,517, Growth -0.05% - cheaper than us, growing slower

The takeaway: Canyon Heights is the priciest option in this cluster. If buyers are comparison shopping, we are the premium choice - which means we need to be priced right to move.

So What - Should You Sell This Summer?

If you are thinking about listing this summer, here is the straight talk. Volume is low - only 3 transactions in 2026 so far. That means less competition from other sellers, but also fewer active buyers in the pool. You are not fighting a crowded market, but you are not riding a wave either.

The predicted market value of $2,694,852 is drifting slightly below the 3-month average of $2,713,820. That is a signal to price sharp from day one rather than testing the ceiling and chasing the market down later.

The biggest move you can make right now is to pull your HonestDoor Price before you talk to any agent. It is the most current read on what your home is actually worth - not what the city decided last fall. Knowing that number puts you in the driver's seat when the conversation about list price starts.

Canyon Heights is a premium address in North Vancouver. The data backs that up. The window this summer is real - just go in with your eyes open and your numbers current.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.