Townhouse
$1,199,900
7 828 W 16TH STREET
North Vancouver29 days on market
3 bd4 ba1,472 sq ft
MLS® R31629231 / 35
$1,667,000
103/203 422 E 3RD STREET
North Vancouver · MLS® R3166110
1 bed · 2 bath · 1,212 sq ft · 1 parking
Condo · Single Family · built 2025 · 22 days on market
Listed by JJ Jamali, RE/MAX Elevate Realty
Realtor's description
Rare opportunity to own a 1,221 SQ.FT. live/work unit in the highly sought-after Innova building in the heart of Lower Lonsdale. This versatile space features a professionally finished lower level & is ideal for office, studio, showroom, wellness, consulting, or other creative business uses. Showcasing modern industrial design, soaring ceilings, excellent street presence, & solid concrete construction, this unit offers exceptional flexibility for both owner-users & investors. Owners enjoy access to a massive rooftop terrace with stunning city, mountain, & water views. Just steps from the Shipyards, Seabus, restaurants, breweries, shopping, & all the amenities Lower Lonsdale has to offer. Rare opportunity in one of North Vancouver's most vibrant communities. Saturday and Sunday 2 to 4
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 2
- Living area
- 1,212 sq ft
- Parking
- 1
- Year built
- 2025
- Strata fee
- $533 / mo ($0.44 / sq ft)
- Strata rules
- Pets Allowed
- Days on market
- 22
- MLS®
- R3166110
Features
- Elevator
- Wheelchair access
- Pets Allowed
Monthly cost
$7,796/mo
Mortgage $7,263 · Strata $533
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
If you rented it out
- Rent
- $2,134/mo
- After all costs
- −$5,868/mo
- Cap rate
- 1.0%
- yearly net rent ÷ price
Costs: mortgage $7,263 · strata $533 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-bedroom in North Vancouver (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
North VancouverGoogle Maps ↗
Schools
Catchment schools, North Vancouver School District 44
- Elementary Cloverley Elementaryhomes in this catchment
- Secondary Sutherland Secondaryhomes in this catchment
2.1 km away · 1860 Sutherland Ave, North Vancouver · 604-903-3500
From the North Vancouver School District 44's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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