125 649 E 3RD STREET
North Vancouver · MLS® R3165220
4 bed · 5 bath · 2,285 sq ft · 2 parking
Townhouse · Single Family · built 2020 · 25 days on market
Listed by Elliott Chun, The Partners Real Estate
Realtor's description
House-sized living meets modern North Shore style at The Morrison. This contemporary END UNIT offers 4 bedrooms, including a legal income-generating suite, plus A/C, in-floor radiant heating, EV charging at 2 parking stalls and 3 storage lockers. Privately positioned on the quiet side of complex, off the laneway and facing the courtyard. Show-stopper is an oversized 355 square ft rooftop deck with sweeping 360 degree views of Vancouver, ocean and mountains. Quality built by CREO in 2020 with thoughtful finishes throughout. Exceptional location steps to Moodyville Park and the Spirit Trail. An easy walk to Lower Lonsdale's shops, breweries, The Shipyards and SeaBus.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 4
- Bathrooms
- 5
- Living area
- 2,285 sq ft
- Parking
- 2
- Year built
- 2020
- Property tax
- $6,466 / yr
- Strata fee
- $862 / mo ($0.38 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 25
- MLS®
- R3165220
Features
- Central location
- Private setting
- Pets Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $3,333/mo
- After all costs
- −$6,478/mo
- Cap rate
- 1.0%
- yearly net rent ÷ price
Costs: mortgage $7,969 · tax $539 · strata $862 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ 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
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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