Mont Albert North Real Estate Market
Report generated May 2026
Balanced MarketMedian Price
¤1,395,000
Active Listings
50
As of May 2026, Mont Albert North, British Columbia is a Balanced market with 52 active listings and an average asking price of CAD $1,273,669.
**Current market conditions**
Mont Albert North’s real‑estate activity reflects a moderate inventory of 52 active listings against a high average asking price of CAD $1,273,669, indicating a balanced supply‑demand dynamic in this part of British Columbia. According to the BC real estate boards (CREA MLS®), the sales‑to‑active‑listings ratio for the region is not publicly disclosed for this specific neighbourhood, but the combination of a sizeable inventory and a premium price point suggests that buyers and sellers are negotiating in a market that is neither strongly favouring one side nor the other.
**Outlook for buyers**
For prospective buyers in Mont Albert North, the total cost of purchase will include the Property Transfer Tax (PTT), which applies a progressive rate of 2 % on the first CAD $200,000, 3 % on the next CAD $800,000, and 5 % on amounts above CAD $1 M. New builds will also incur a 5 % Goods and Services Tax (GST). Because Mont Albert North falls within the Metro Vancouver area, the Speculation and Vacancy Tax of 1 % on the annual rental value applies to vacant residential properties, which can affect the cost of holding a property. If the neighbourhood’s housing mix includes condominiums or townhouses, buyers should also account for ongoing strata fees, which can vary but typically range from a few hundred to over a thousand Canadian dollars per month.
**Outlook for investors**
Investors considering Mont Albert North must navigate several BC‑specific regulatory layers. The Speculation and Vacancy Tax remains in force for properties in Metro Vancouver, potentially reducing net rental yields on vacant units. The federal Underused Housing Tax targets properties with a vacancy rate above 5 % and a market value exceeding CAD $1 M, adding an additional tax burden for high‑value, under‑utilised assets. Short‑term rental restrictions in BC limit the number of days a property can be rented out per year, which may constrain income potential for vacation‑style investments. Finally, the BC Tenancy Act caps annual rent increases at 5 % (subject to provincial adjustments), providing a predictable framework for long‑term rental income but also limiting upside potential for investors seeking higher returns.
**Current market conditions**
Mont Albert North’s real‑estate activity reflects a moderate inventory of 52 active listings against a high average asking price of CAD $1,273,669, indicating a balanced supply‑demand dynamic in this part of British Columbia. According to the BC real estate boards (CREA MLS®), the sales‑to‑active‑listings ratio for the region is not publicly disclosed for this specific neighbourhood, but the combination of a sizeable inventory and a premium price point suggests that buyers and sellers are negotiating in a market that is neither strongly favouring one side nor the other.
**Outlook for buyers**
For prospective buyers in Mont Albert North, the total cost of purchase will include the Property Transfer Tax (PTT), which applies a progressive rate of 2 % on the first CAD $200,000, 3 % on the next CAD $800,000, and 5 % on amounts above CAD $1 M. New builds will also incur a 5 % Goods and Services Tax (GST). Because Mont Albert North falls within the Metro Vancouver area, the Speculation and Vacancy Tax of 1 % on the annual rental value applies to vacant residential properties, which can affect the cost of holding a property. If the neighbourhood’s housing mix includes condominiums or townhouses, buyers should also account for ongoing strata fees, which can vary but typically range from a few hundred to over a thousand Canadian dollars per month.
**Outlook for investors**
Investors considering Mont Albert North must navigate several BC‑specific regulatory layers. The Speculation and Vacancy Tax remains in force for properties in Metro Vancouver, potentially reducing net rental yields on vacant units. The federal Underused Housing Tax targets properties with a vacancy rate above 5 % and a market value exceeding CAD $1 M, adding an additional tax burden for high‑value, under‑utilised assets. Short‑term rental restrictions in BC limit the number of days a property can be rented out per year, which may constrain income potential for vacation‑style investments. Finally, the BC Tenancy Act caps annual rent increases at 5 % (subject to provincial adjustments), providing a predictable framework for long‑term rental income but also limiting upside potential for investors seeking higher returns.