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$998,000

205 1518 BOWSER AVENUE

North Vancouver · MLS® R3124060

3 bed · 2 bath · 1,340 sq ft · 1 parking

Townhouse · Single Family · built 1992 · 148 days on market

Listed by Dax Eliot, Sutton Group-West Coast Realty

Realtor's description

Stunning 3-bdrm abode in the popular "ILLAHEE" community! A comfortable, homey design for a beautiful space, with VAULTED ceilings all throughout the home! A generous lvng area & a formal dinrm space accentuated by the high ceilings. Lvng area has cozy gas fireplace (incl. in maint. fee), & off the dinrm, access a HUGE showcase of a balcony/patio to enjoy. Kitch with S/S appliances, good counter space & nook area for quick munch & runs. Large bdrm on main floor next to bathroom & stand-up shower. Newer in-suite W/D, clean laminate floors, & extra in-suite storage tucked away but at your disposal. Up the traditional stairway are 2 spacious bdrms, pbdrm has vaulted ceilings & ensuite bath w/skylight! Prkg stall incl, & 2 pets OK. Gorgeous landscaped complex, & next to transit & shops.

Property details

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,340 sq ft
Parking: 1
Year built: 1992
Property tax: $3,124 / yr
Strata fee: $679 / mo ($0.51 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 148
MLS®: R3124060

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

Features

Central location
Cul-de-sac
Elevator
Wheelchair access
Pets Allowed With Restrictions
All

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-9.5%)

2026 assessment: $1,071,000 · asking is -6.8%
Price per sq ft: $745 vs $823 median for townhouses in North Vancouver for sale (131)

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 148 days · no price changes so far

The market here

Listed now: 30 days; median for 138 townhouses for sale; this one 148 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,071,000	$3,515
2025	$1,030,000	$3,124

Estimated tax up 12.5% from 2025 to 2026.

The listing shows $3,124 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

$5,288/mo

Mortgage $4,348 · Tax $260 · Strata $679

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

estimated payment

$4,348/ monthly

loan $798,400

25-year amortization

down payment20% · $199,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 10, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $506,057
property transfer tax: $17,960; BC general rate
cash to close: $217,560; down + PTT
total paid: $1,304,457

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: $3,333/mo
After all costs: −$2,396/mo
Cap rate: 2.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $4,348 · tax $260 · strata $679 · 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

The building's lot: 19,691 m² (211,952 sq ft) · PID 018-469-710. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

North VancouverGoogle Maps ↗

Location

North VancouverGoogle Maps ↗

Schools

Catchment schools, North Vancouver School District 44

Elementary Norgate Elementaryhomes in this catchment
500 m away · 1295 Sowden St, North Vancouver · 604-903-3680
Secondary Carson Graham Secondaryhomes in this catchment
2.5 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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