Open houseCondo
$530,000
27% less per sq ft201 225 W 3RD STREET
North Vancouver11 days on market
MLS® R3170325
1 / 29
2 bed · 2 bath · 1,087 sq ft · 1 parking
Condo · Single Family · built 1974 · 15 days on market
Listed by Todd Pocklington, Royal LePage Sussex
Realtor's description
Beautifully renovated 2-bedroom, 2-bathroom top-floor corner suite in the heart of Lower Lonsdale. This spacious 1,087 sq. ft. home features a brand-new kitchen with stone countertops and new appliances, updated bathrooms, new flooring, elegant wainscoting, and a cozy wood-burning fireplace. The bright, peaceful layout includes a generous eating area and a large primary bedroom with walk-in closet. Enjoy a quiet yet central location just steps from cafés, restaurants, shops, parks, the seawall, Shipyards, Lonsdale Quay, and the SeaBus. Pet-friendly, with parking and storage included.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,087 sq ft
- Parking
- 1
- Year built
- 1974
- Property tax
- $2,353 / yr
- Strata fee
- $661 / mo ($0.61 / sq ft)
- Strata rules
- Rentals Allowed With Restrictions
- Days on market
- 15
- MLS®
- R3169369
Features
- Central location
- Private setting
- Elevator
- Rentals Allowed With Restrictions
Floor plans
Found among the listing photos.
Monthly cost
$3,903/mo
Mortgage $3,045 · Tax $196 · Strata $661
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
- −$1,556/mo
- Cap rate
- 2.6%
- yearly net rent ÷ price
Costs: mortgage $3,045 · tax $196 · strata $661 · 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 Queen Mary Elementaryhomes in this catchment
600 m away · 230 Keith Rd W, North Vancouver · 604-903-3720
- Secondary Carson Graham Secondaryhomes in this catchment
1.6 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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