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$789,000

205 135 W 2ND STREET

North Vancouver · MLS® R3159201

1 bed · 1 bath · 690 sq ft · 1 parking

Condo · Single Family · built 2014 · 42 days on market

Listed by Dave Haboosheh, RE/MAX City Realty

Spacious West facing 1-bedroom plus office at sought after Capstone in Lower Lonsdale. This boutique building is perfectly positioned in the middle of a quiet street, with manicured walkways on both sides leading down to Lonsdale Quay. This home has 9' ceilings, floor to ceiling windows, and a good size patio overlooking the trees. The kitchen has a large island, gas stove, sleek stainless appliances, and ample storage. The formal dining area and den/office elevate this home, plus a bonus storage locker and parking space. Excellent location, just a short walk to the Shipyards, the SeaBus, coffee shops and restaurants.

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 690 sq ft
Parking: 1
Year built: 2014
Property tax: $2,366 / yr
Strata fee: $616 / mo ($0.89 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 42
MLS®: R3159201

Above typical for the area (+21%)

2026 assessment: $727,000 · asking is +8.5%
Price per sq ft: $1,143 vs $948 median for condos in North Vancouver for sale (436)

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.

Private setting
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

On market 42 days

Listed now: 29 days; median for 436 condos for sale; this one 42 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

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
1.8 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.

$4,251/mo

Mortgage $3,438 · Tax $197 · Strata $616

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

estimated payment

$3,438/ monthly

loan $631,200

25-year amortization

down payment20% · $157,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $400,079
property transfer tax: $13,780; BC general rate
cash to close: $171,580; down + PTT
total paid: $1,031,279

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.

Rent: $2,134/mo
After all costs: −$2,322/mo
Cap rate: 1.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,438 · tax $197 · strata $616 · 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

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