Open houseCondo
$530,000
27% less per sq ft201 225 W 3rd Street
North Vancouver13 days on market
MLS® R3170325
1 / 33
$545,000
202 212 Forbes Avenue
North Vancouver · MLS® R3174440
2 bed · 1 bath · 833 sq ft · 2 parking
Condo · Single Family · built 1976 · listed today
Listed by Kerri Demski, Babych Group Realty Vancouver Ltd.
Realtor's description
o 2 BEDS o 2 PARKING o 3 PETS o BRIGHT o SPACIOUS o CORNER UNIT o PRIME LO-LOCATION o GREAT BUILDING o Excellent value in this 2-bedroom, 1-bath corner home offering beautiful west-facing views of Cypress w/spectacular fall sunsets + downtown skyline from the balcony. Inside you'll find laminate flooring, stainless appliances, fresh paint, a soaker tub + heated tile. Proactive strata. The building has undergone extensive upgrades, incl. full rainscreen, windows and sliding doors (2009), balconies, railings + plumbing (2010), roof (2017), intercom (2017), driveway (2019), elevator (2026). TWO PARKING plus ONE large STORAGE locker. 2 CATS and 1 DOG (max 70lbs)! Walk to Waterfront (off leash) Park, Shipyards, Lonsdale Quay, SeaBus, restaurants, pubs, shops. Call to book your private showing!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 833 sq ft
- Parking
- 2
- Year built
- 1976
- Property tax
- $1,979 / yr
- Strata fee
- $572 / mo ($0.69 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 0
- MLS®
- R3174440
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
Floor plans
Found among the listing photos.
Monthly cost
$3,111/mo
Mortgage $2,375 · Tax $165 · Strata $572
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
- $2,589/mo
- After all costs
- −$764/mo
- Cap rate
- 3.5%
- yearly net rent ÷ price
Costs: mortgage $2,375 · tax $165 · strata $572 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-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 Queen Mary Elementaryhomes in this catchment
700 m away · 230 Keith Rd W, North Vancouver · 604-903-3720
- Secondary Carson Graham Secondaryhomes in this catchment
1.4 km away · 2145 Jones Ave, North Vancouver · 604-903-3555
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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