312 1616 Lloyd Avenue

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$479,900

312 1616 Lloyd Avenue

North Vancouver · MLS® R3178988

all units at 1616 Lloyd Ave →

418 sq ft · Condo · Single Family · built 2026 · listed today

listed by Azi Motamed Mojdehi, Rennie & Associates Realty Ltd.

realtor's description

Brand-new and move-in ready at Rove, Lloyd & Marine. This 418 square ft third-floor studio is planned in real zones, not one open box. The entry and in-suite laundry sit apart from the main room. A full-size kitchen anchors the home: integrated Fisher & Paykel fridge, Samsung range, quartz counters and a marble penny-round backsplash. There's room for a proper dining table and the living and sleeping area faces the windows and a private 70 square ft balcony. The Murphy bed shown in the photos is staging to show how the space can work and is not included. Driftwood vinyl plank floors throughout, roller shades, LED pot lights and a stacked Whirlpool washer/dryer. Interiors by The Mill Design Group. Never lived in and no presale wait. Close to Marine Drive shops and transit, minutes to Park Royal.

property details

type: Condo, Single Family
bathrooms: 1
living area: 418 sq ft
parking: 0
year built: 2026
strata fee: $226 / mo ($0.54 / sq ft)
strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
days on market: 0
MLS®: R3178988

features

Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions

floor plans

found among the listing photos.

the market here

listed now: 38 days; median for 437 condos for sale; this one listed today

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

monthly cost

$2,338/mo

Mortgage $2,112 · Strata $226

20% down at 4.44% fixed (Ratehub.ca), 25 years; strata fee from the listing.

estimated payment

$2,112/ monthly

loan $383,920

25-year amortization

down payment20% · $95,98020%+ down: no mortgage insuranceinterest rate4.44%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 30, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $249,712
property transfer tax: $0; $7,598 less $7,598 newly built exemption
cash to close: $95,980; down + PTT
total paid: $633,632

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

rent: $1,870/mo
after all costs: −$653/mo
cap rate: 3.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,112 · strata $226 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a studio in North Vancouver: CMHC's average there ($1,681) raised by what new tenants pay against everyone in the Vancouver area, then down 1.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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: 1,810 m² (19,483 sq ft) · PID 032-873-948. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

North VancouverGoogle Maps ↗

schools

Catchment schools, North Vancouver School District 44

Elementary Capilano Elementaryhomes in this catchment
600 m away · 1230 20th St W, North Vancouver · 604-903-3370
Secondary Carson Graham Secondaryhomes in this catchment
1.7 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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