done deal
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This A-listed Nye House in North Vancouver, B.C., was built in 1912 for Thomas Nye, a Boer War veteran who was granted a third of an acre because of his military service.Photography provided by Barbara Tili Photography

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3545 Dowsley Court, North Vancouver, B.C.

Asking price: $4.25-million (April 27)

Previous asking prices: $4.25-million (Feb. 24, 2026); $4.495-million (July 24, 2025)

Selling price: $4.25-million (May 18)

Taxes: $18,603.16 (2025)

Days on and off market: 389

Sellers’ agent: Peter Joudaki, Angell, Hasman & Associates Realty

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The home's kitchen.

The action

Listing agent Peter Joudaki’s clients bought the house in 2017 for $3.8-million and began a major renovation. They eventually decided to leave the Lower Mainland for a quieter life. They listed in the summer of 2025 for $4.495-million when the market had slowed because of U.S. trade talks and general uncertainty. Mr. Joudaki said they received a lot of interest, but no offers. Part of the challenge, he said, were the restrictions on a heritage house.

By December, they cancelled the listing and then re-listed early in the year, at $4.25- million. They received an offer that fell through and relisted again. Interest was immediate, resulting in three offers. The winning bid went to a family who’d been living in the U.S.

The sale completed in July.

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One of the home's seven bedrooms.

What they got

The heritage A-listed Nye House was built in 1912 for Thomas Nye, a Boer War veteran who was granted a third of an acre because of his military service. At one point, the 6,363-square-foot house was used as a private boarding school.

The craftsman-style house underwent a major renovation eight years ago, with an interior redesign that maintained the pocket doors, leaded glass windows, wainscotting and crown moulding.

The seven-bedroom, five-bathroom house includes a two-bedroom basement suite that has exposed granite walls. Three of the bedrooms have ensuite bathrooms.

A major feature of the house is its two-storey structural granite walls, which would cost a phenomenal amount today.

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One of the home's five bathrooms.

The agent’s take

“You’d be surprised how many properties have no financing on them,” Mr. Joudaki said. “A lot of people in Vancouver have the option of accepting a lower price or pulling it off the market and revisiting it down the road. I think a lot of people just come to terms with pricing.

“And if you are rebuying, you are buying in the same market, so whatever price drop has happened, you will benefit from that.”

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