Condo
$695,000
305 175 W 1st Street
North Vancouver7 days on market
listed by Royal LePage Sussex
MLS® R3176536
206 135 W 2nd Street
111
698 sq ft · Condo · Single Family · built 2014 · 48 days on market
listed by Stu Bell, RE/MAX Masters Realty
realtor's description
We are proud to present this wonderful southwest-facing oasis at The Capstone, Lower Lonsdale's premier boutique concrete low-rise building. Perfectly laid out, mint condition, this 698 square ft 1-bedroom + den home features 8'11" ceilings, gas range, & spacious covered balcony. Nestled amongst mature trees & overlooking the park, this unique setting offers an exceptional connection with nature, privacy, & an abundance of natural southwest light. Quiet, well-maintained, & highly regarded, The Capstone by Fairborne is ideally located between 1st, 2nd, Lonsdale & Chesterfield, with the best of Lower Lonsdale right outside your door. Walk everywhere, with easy access to Lonsdale Quay, the waterfront, shops, restaurants, & amenities. Pets & rentals ok. Parking & storage included. Welcome Home!
property details
- type
- Condo, Single Family
- bedrooms
- 1
- bathrooms
- 1
- living area
- 698 sq ft
- parking
- 1
- year built
- 2014
- property tax
- $2,430 / yr
- strata fee
- $617 / mo ($0.88 / sq ft)
- strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- days on market
- 48
- MLS®
- R3162524
features
- Central location
- Private setting
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
monthly cost
$4,240/mo
Mortgage $3,420 · Tax $202 · Strata $617
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
- $2,450/mo
- after all costs
- −$2,021/mo
- cap rate
- 2.1%
- yearly net rent ÷ price
Costs: mortgage $3,420 · tax $202 · strata $617 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in North Vancouver: CMHC's average there ($2,134) raised by what new tenants pay against everyone in the Vancouver area, then down 1.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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
1.8 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.
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