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$749,000

303 116 W 23RD STREET

North Vancouver · MLS® R3156956

2 bed · 2 bath · 860 sq ft · 1 parking

Condo · Single Family · built 2010 · 51 days on market

Listed by Tony Rossetti, Rossetti Realty Ltd.

Realtor's description

Mountain View 2-bdrm at The Addison. Quiet north-facing 860 square ft home in Central Lonsdale with beautiful garden & Grouse Mountain views. The open-concept layout features a cozy gas fp, balcony access, and a kitchen with wood cabinetry, granite counters, peninsula seating, s/s appliances, & gas cooktop. Well-separated bedrooms offer privacy, including a spacious primary with walk-through closet, 3-pce ensuite, and balcony access. Completing the home is a generous sized 2nd bdrm, 4-pce bath, foyer with walk-in closet, in-suite laundry, California Closets, storage, and parking. Built in 2010, The Addison is an award-winning boutique building steps to shops, cafés, parks, transit, and the future Harry Jerome Community Recreation Centre.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 860 sq ft
Parking: 1
Year built: 2010
Property tax: $2,874 / yr
Strata fee: $488 / mo ($0.57 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 51
MLS®: R3156956

Features

Central location
Pets Allowed With Restrictions
All

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-8.1%)

2026 assessment: $794,000 · asking is -5.7%
Price per sq ft: $871 vs $947 median for condos in North Vancouver for sale (425)

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 51 days · no price changes so far

The market here

Listed now: 30 days; median for 468 condos for sale; this one 51 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$794,000	$2,606

The listing shows $2,874 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

$3,991/mo

Mortgage $3,263 · Tax $240 · Strata $488

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

estimated payment

$3,263/ monthly

loan $599,200

25-year amortization

down payment20% · $149,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $379,796
property transfer tax: $12,980; BC general rate
cash to close: $162,780; down + PTT
total paid: $978,996

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: $2,589/mo
After all costs: −$1,644/mo
Cap rate: 2.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,263 · tax $240 · strata $488 · 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

The building's lot: 1,747 m² (18,805 sq ft) · PID 028-111-877. 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 Westview Elementaryhomes in this catchment
1.4 km away · 641 17th St W, North Vancouver · 604-903-3840
Secondary Carson Graham Secondaryhomes in this catchment
700 m 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.

Good to know

Heritage
This address is on the Community Heritage Register (North Vancouver (city)) as "H.D. Green-Armytage Residence". Exterior changes can need a heritage permit, and some heritage homes qualify for grants or incentives; the municipality can confirm.
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.

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