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$530,000

204 1155 Ross Rd

North Vancouver · MLS® R3167022

1 bed · 1 bath · 704 sq ft · 1 parking

Condo · Single Family · built 1985 · 24 days on market

Listed by Kyle Cupido, Royal LePage Sussex

Realtor's description

Set in the heart of Lynn Valley, Unit 204 features a peaceful outlook onto greenery from your private solarium-the perfect home office or den. Spanning over 700 sq ft, this 1-bedroom residence offers an ideal blend of access to nature and everyday convenience. Perfect for first-time buyers or downsizers, residents enjoy seamless access to North Shore mountain trails alongside the step-away convenience of Lynn Valley Centre, local cafés, groceries, and transit. Complete with in-suite laundry, a dedicated parking stall, and a private storage locker, this home provides complete peace of mind within a well-managed building supported by a robust contingency fund. Public Open House Sept 27th 2-4pm.

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 704 sq ft
Parking: 1
Year built: 1985
Property tax: $1,796 / yr
Strata fee: $396 / mo ($0.56 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 24
MLS®: R3167022

Buying in a building from 1982 to 2000: what to read first

Features

Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

Price check

Below typical for the area (-21%)

2026 assessment: $547,500 · asking is -3.2%
Price per sq ft: $753 vs $948 median for condos in North Vancouver for sale (424)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 24 days · no price changes so far

The market here

Listed now: 32 days; median for 466 condos for sale; this one 24 days

Condos in North Vancouver. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$547,500	$1,797
2025	$568,000	$1,723

Estimated tax up 4.3% from 2025 to 2026.

The listing shows $1,796 a year in property tax.

Estimate: the BC Assessment value times North Vancouver's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$2,855/mo

Mortgage $2,309 · Tax $150 · Strata $396

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$2,309/ monthly

loan $424,000

25-year amortization

down payment20% · $106,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 11, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $268,748
property transfer tax: $8,600; BC general rate
cash to close: $114,600; down + PTT
total paid: $692,748

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

If you rented it out

Rent: $2,134/mo
After all costs: −$926/mo
Cap rate: 3.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,309 · tax $150 · strata $396 · 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 ↗

Location

North VancouverGoogle Maps ↗

Schools

Catchment schools, North Vancouver School District 44

Elementary Lynn Valley Elementaryhomes in this catchment
400 m away · 3207 Institute Road, North Vancouver · 604-903-3620
Secondary Argyle Secondaryhomes in this catchment
500 m away · 1131 Frederick Rd, North Vancouver · 604-903-3300

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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