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$1,128,000

259 2035 GLENAIRE DRIVE

North Vancouver · MLS® R3157478

3 bed · 2 bath · 1,158 sq ft · 1 parking

Townhouse · Single Family · built 2023 · 48 days on market

Listed by Benson Lee, Nu Stream Realty Inc.

Live the North Vancouver lifestyle in this bright, south-facing 1,158 sq.ft. 3-level townhome in Lower Capilano featuring 3 bedrooms. Large windows fill the open-concept living space with natural light, while the private rooftop patio is perfect for BBQs, relaxing and entertaining. Walk or bike along the Capilano River, with Park Royal, Ambleside, transit and everyday amenities nearby. Includes 1 secure parking stall and 1 storage locker.

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,158 sq ft
Parking: 1
Year built: 2023
Property tax: $3,363 / yr
Strata fee: $439 / mo ($0.38 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 48
MLS®: R3157478

Above typical for the area (+20%)

2026 assessment: $1,126,000 · asking is +0.2%
Price per sq ft: $974 vs $814 median for townhouses in North Vancouver for sale (134)

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.

Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

On market 48 days

Listed now: 28 days; median for 134 townhouses for sale; this one 48 days

Townhouses 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 Maps can be out of date or miss a lot line; confirm with the municipality.

$5,634/mo

Mortgage $4,915 · Tax $280 · Strata $439

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

estimated payment

$4,915/ monthly

loan $902,400

25-year amortization

down payment20% · $225,60020%+ 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: $571,976
property transfer tax: $20,560; BC general rate
cash to close: $246,160; down + PTT
total paid: $1,474,376

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: $3,333/mo
After all costs: −$2,742/mo
Cap rate: 2.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $4,915 · tax $280 · strata $439 · 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

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