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$893,376

358 422 E 3RD STREET

North Vancouver · MLS® R3170100

2 bed · 2 bath · 792 sq ft · 1 parking

Condo · Single Family · built 2025 · 9 days on market

Listed by JJ Jamali, RE/MAX Elevate Realty

Experience modern Lower Lonsdale living at INNOVA! This brand-new, south-facing junior 2-bedroom, 2-bathroom home offers a bright, thoughtfully designed layout in a quality concrete development. Residents enjoy over 10,000 sq. ft. of exceptional amenities, including a spectacular rooftop terrace with panoramic views, outdoor lounges, BBQ and community garden, plus an indoor lounge, party and media rooms. Downstairs, The BLOK brings over 18,000 sq. ft. of shops and services to your doorstep, including Delany´s, Lee´s Donuts, daycare and more. Surrounded by walkable streets and just minutes from the Shipyards, Lonsdale Quay, dining and transit, INNOVA delivers connected North Shore living at its best.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 792 sq ft
Parking: 1
Year built: 2025
Strata fee: $354 / mo ($0.45 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 9
MLS®: R3170100

Above typical for the area (+19%)

2026 assessment: $984,000 · asking is -9.2%
Price per sq ft: $1,128 vs $949 median for condos in North Vancouver for sale (440)

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.

Elevator
Wheelchair access
Pets Allowed With Restrictions
Rentals Allowed With Restrictions

On market 9 days

Listed now: 29 days; median for 440 condos for sale; this one 9 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 Maps can be out of date or miss a lot line; confirm with the municipality.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.

$4,246/mo

Mortgage $3,892 · Strata $354

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

estimated payment

$3,892/ monthly

loan $714,701

25-year amortization

down payment20% · $178,67520%+ 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: $453,005
property transfer tax: $15,868; BC general rate
cash to close: $194,543; down + PTT
total paid: $1,167,706

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: $2,589/mo
After all costs: −$1,899/mo
Cap rate: 2.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,892 · strata $354 · 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

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