Townhouse
$1,099,900
131 602 E 2ND STREET
North Vancouverlisted today
MLS® R3174338
1 / 40
3 bed · 3 bath · 1,268 sq ft · 1 parking
Townhouse · Single Family · built 2023 · 147 days on market
Listed by Elliott Chun, The Partners Real Estate
Realtor's description
This is the END UNIT townhome you´ve been waiting for! Built by CREO Developments in 2023, this 3-bedroom, 3-bathroom home at MORRISON ON THE PARK offers an exceptional reverse floor plan with all 3 bedrooms on one level, a powder room on the main, AIR CONDITIONING, and extra oversized windows that fill the home with natural light. Enjoy a south-facing main-level deck with natural gas hookup, plus a stunning rooftop patio with views of Moodyville Park, the city, water, and mountains. Gas and hot water are included in the strata fee. Complete with 1 parking and 1 storage locker. Carpeting on stairs removed for engineered hard wood. Unbeatable location with Moodyville Park as your backyard and the Spirit Trail just steps away for easy access to Lower Lonsdale and downtown.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,268 sq ft
- Parking
- 1
- Year built
- 2023
- Property tax
- $4,110 / yr
- Strata fee
- $660 / mo ($0.52 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 147
- MLS®
- R3124377
Features
- Central location
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
- Refrigerator
Floor plans
Found among the listing photos.
Monthly cost
$6,875/mo
Mortgage $5,873 · Tax $343 · Strata $660
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
- −$3,984/mo
- Cap rate
- 1.7%
- yearly net rent ÷ price
Costs: mortgage $5,873 · tax $343 · strata $660 · 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
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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