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$789,000

309 422 E 3RD STREET

North Vancouver · MLS® R3167912

1 bed · 1 bath · 581 sq ft · 0 parking

Condo · Single Family · built 2025 · 16 days on market

Listed by Jon Pezzente, Sutton Group-West Coast Realty

South-facing one-bedroom with water views, now available at INNOVA. This beautifully designed home offers a bright, open-concept floor plan enhanced by floor-to-ceiling windows, wide-plank flooring, and a sleek contemporary kitchen featuring quartz countertops, integrated appliances, and storage. Unwind on your private balcony or take advantage of the outstanding resident amenities, including an expansive 8,000 sq. ft. rooftop terrace with panoramic views, BBQ area, community gardens, a stylish party room, co-working space, and secure bike storage. With Delany's coffee at your front door, don't miss the opportunity to be a part of this community that combines convenience and modern urban living in one exceptional address. A short walk to the Shipyards, SeaBus, shops, and restaurants.

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 581 sq ft
Parking: 0
Year built: 2025
Strata fee: $253 / mo ($0.44 / sq ft)
Strata rules: Pets Allowed
Days on market: 16
MLS®: R3167912

2026 assessment: $725,000 · asking is +8.8%
Price per sq ft: $1,358 vs $949 median for condos in North Vancouver for sale (440)
Last sold: $796,950 · Aug 11, 2025

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.

Central location
Elevator
Pets Allowed

Found among the listing photos.

On market 16 days

Listed now: 29 days; median for 440 condos for sale; this one 16 days

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 Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, North Vancouver School District 44

Elementary Cloverley Elementaryhomes in this catchment
Secondary Sutherland Secondaryhomes in this catchment
2.1 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.

$3,691/mo

Mortgage $3,438 · Strata $253

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

estimated payment

$3,438/ monthly

loan $631,200

25-year amortization

down payment20% · $157,80020%+ 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: $400,079
property transfer tax: $13,780; BC general rate
cash to close: $171,580; down + PTT
total paid: $1,031,279

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: $2,134/mo
After all costs: −$1,763/mo
Cap rate: 2.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,438 · strata $253 · 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

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