Condo
$750,000
16% under assessed204 1273 MARINE DRIVE
North Vancouver25 days on market
MLS® R3164882
1 / 35
2 bed · 2 bath · 836 sq ft · 1 parking
Condo · Single Family · built 2015 · 65 days on market
Listed by Gita Tehranchi, Macdonald Realty
Realtor's description
Updated, best 2 bedrooms floor plan with private exposure which faces towards the creek, this unit is a 2 Bed, 2 Bath home and features an efficient & functional floor plan. A master bedroom w/ensuite, & a 2nd bedroom with direct access to the 2nd bath! A kitchen with ample storage & counter space highlighted by a large kitchen island & stainless steel appliance package! An added bonus with this home is the oversized balcony of 129 Sqft, which offers ample room for all your BBQ'ing and outdoor summer dining wants! This Building has 3 elevators! Located next to the shopping centre, enjoy Black Kettle Brewery, and Two Rivers Eatery. Tucked away, yet conveniently near all of your everyday necessities and essentials!Welcome to The Shore by Adera!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 836 sq ft
- Parking
- 1
- Year built
- 2015
- Property tax
- $2,649 / yr
- Strata fee
- $466 / mo ($0.56 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 65
- MLS®
- R3152973
Features
- Central location
- Treed
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$4,081/mo
Mortgage $3,394 · Tax $221 · Strata $466
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
- −$1,734/mo
- Cap rate
- 2.6%
- yearly net rent ÷ price
Costs: mortgage $3,394 · tax $221 · strata $466 · 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 Westview Elementaryhomes in this catchment
500 m away · 641 17th St W, North Vancouver · 604-903-3840
- Secondary Carson Graham Secondaryhomes in this catchment
1.3 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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