Lynn Valley, North Vancouver Houses with Basement for Sale
North Vancouver houses with basements are some of the most desirable on the North Shore — a finished lower level in a market defined by limited land supply adds square footage that often translates directly into rental income or accommodation for extended family. There are currently 38 houses with basement for sale in Lynn Valley, North Vancouver. Prices range from $1,299,000 to $3,950,000. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates. North Vancouver District and City both permit secondary suites in single-family zones. Many homes on sloped hillside lots in Lynn Valley, Deep Cove, and Edgemont Village have walk-out lower levels ideally configured for self-contained suites with a private entrance off the backyard. A 1-bedroom basement suite in North Vancouver typically rents for $1,500–$2,000/month; 2-bedroom suites achieve $1,900–$2,600/month, reflecting the North Shore's strong rental market.
The houses market in Lynn Valley, North Vancouver is currently a Seller's Market with a 23.7% sales ratio — 9 homes sold against 38 active listings in the past 30 days. The median asking price is $2,173,500 ($887/sqft). Properties are selling slowly, averaging 31 days on the market.
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| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| $1.25M–$1.5M Most Active | 2 | 1 | 50% | |
| $1.5M–$1.75M | 6 | 1 | 17% | |
| $1.75M–$2M | 10 | 4 | 40% | |
| $2M–$2.5M | 7 | 1 | 14% | |
| $2.5M–$3M | 9 | 1 | 11% | |
| Over $3M | 4 | 1 | 25% |
Sales ratio = homes sold in last 30 days ÷ active inventory. Over 20% = Seller's Market.
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