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$779,000

304 325 W 3RD STREET

North Vancouver · MLS® R3158659

2 bed · 2 bath · 987 sq ft · 1 parking

Condo · Single Family · built 1974 · 45 days on market

Listed by Kerri Demski, Babych Group Realty Vancouver Ltd.

Realtor's description

THE UNICORN o VIEW o RENOVATED o TOP FLOOR o VAULTED CEILINGS o CORNER UNIT o QUIET o SOUTHWEST FACING o PRIME LO-LOCATION o Welcome home to this beautiful 2-bedroom, 2-bath unit in Lower Lonsdale. Offering nearly 1000 sqft of bright, functional living and featuring engineered hardwood + hex-tile flooring throughout, updated kitchen + new bathrooms + new fixtures + in-suite laundry + new windows/doors + cozy fireplace + loads of storage + 1 locker + 1 parking + visitor's parking. The open-concept layout flows seamlessly onto a 90sqft balcony, perfect for sunny mornings or beautiful fall sunsets with a glass of vino. Proactive strata. Great location, walk to the Shipyards, Seabus, parks, shops, restaurants + breweries. What else could you ask for? 2 PETS permitted!

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 987 sq ft
Parking: 1
Year built: 1974
Property tax: $2,277 / yr
Strata fee: $728 / mo ($0.74 / sq ft)
Strata rules: Pets Allowed, Rentals Allowed With Restrictions
Days on market: 45
MLS®: R3158659

Features

Central location
Private setting
Treed
Elevator
Pets Allowed
Rentals Allowed With Restrictions

Price check

Below typical for the area (-17%)

2026 assessment: $685,500 · asking is +14%
Price per sq ft: $789 vs $947 median for condos in North Vancouver for sale (423)

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 45 days · no price changes so far

The market here

Listed now: 30 days; median for 465 condos for sale; this one 45 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	$685,500	$2,250

The listing shows $2,277 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

$4,312/mo

Mortgage $3,394 · Tax $190 · Strata $728

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

estimated payment

$3,394/ monthly

loan $623,200

25-year amortization

down payment20% · $155,80020%+ 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: $395,008
property transfer tax: $13,580; BC general rate
cash to close: $169,380; down + PTT
total paid: $1,018,208

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: −$1,965/mo
Cap rate: 2.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,394 · tax $190 · strata $728 · 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: 1,116 m² (12,013 sq ft) · PID 003-487-792. 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 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
1.4 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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