Open houseCondo
$530,000
27% less per sq ft201 225 W 3RD STREET
North Vancouver11 days on market
MLS® R3170325
1 / 27
1 bed · 1 bath · 675 sq ft · 1 parking
Condo · Single Family · built 1997 · 94 days on market
Listed by Monika Ga'l, Renanza Realty Inc.
Realtor's description
Enjoy Water and Downtown VIEWS from this renovated, south-facing, quiet 1 BDRM+DEN suite in the heart of Lower Lonsdale! Bright and welcoming, this open-concept home offers a smart, efficient layout with no wasted space. Features include new vinyl plank flooring, fresh paint, quartz countertops & sink, stylish new lighting, new appliances, and updated bathroom. Oversized windows fill the home with natural light, the cozy gas fireplace creates a warm and inviting living area. Take in partial city and water views from the main living space. Bedroom with bay-window. The den is perfect as a home office or guest room. Complete with in-suite laundry, parking, and storage, this move-in-ready home is ideal for young professionals or downsizers. Rainscreened, well-maintained, pet-friendly building. Walk to the Shipyards, Lonsdale Quay, Seabus, waterfront, cafés, breweries, restaurants, shopping & recreation. Experience the best of Lower Lonsdale living with every convenience right outside your door! OPEN: SUNDAY 2-4.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 675 sq ft
- Parking
- 1
- Year built
- 1997
- Property tax
- $1,983 / yr
- Strata fee
- $338 / mo ($0.50 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 94
- MLS®
- R3143395
Features
- Central location
- Private setting
- Elevator
- Pets Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$3,070/mo
Mortgage $2,566 · Tax $165 · Strata $338
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
- $2,134/mo
- After all costs
- −$1,141/mo
- Cap rate
- 2.9%
- yearly net rent ÷ price
Costs: mortgage $2,566 · tax $165 · strata $338 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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 Cloverley Elementaryhomes in this catchment
- Secondary Sutherland Secondaryhomes in this catchment
2.2 km away · 1860 Sutherland Ave, North Vancouver · 604-903-3500
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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