Open houseCondo
$1,045,000
807 1675 LIONS GATE LANE
North Vancouver57 days on market
MLS® R3155599
1 / 39
$939,000
401 1327 DRAYCOTT ROAD
North Vancouver · MLS® R3152909
2 bed · 2 bath · 885 sq ft · 2 parking
Condo · Single Family · built 2017 · 65 days on market
Listed by Kelsie Struch, Stilhavn Real Estate Services
Realtor's description
Bright, beautifully designed, and perfectly located, this exceptional home at Walter's Place offers the best of Lynn Valley living. With an airy open layout, incredible natural light & seamless indoor outdoor flow, this is a home made for both entertaining & everyday living. The stunning kitchen is the centrepiece of the home, featuring a gas cooktop & an oversized island with breakfast bar - ideal for casual meals or gathering with family & friends. The open concept living & dining areas flow effortlessly onto 2 covered balconies, including 1 with a gas BBQ hookup, creating the perfect extension of your living space. The thoughtfully designed floor plan separates the bedrooms for maximum privacy. The spacious primary suite offers a walk through closet & spa inspired ensuite with heated floors, while the second bedroom includes a walk in closet. 2 PARKING, storage, pet wash station & amenity room. Steps to Lynn Valley Centre, schools, parks, trails, restaurants, cafés, transit & the library. The total package!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 885 sq ft
- Parking
- 2
- Year built
- 2017
- Property tax
- $2,639 / yr
- Strata fee
- $486 / mo ($0.55 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 65
- MLS®
- R3152909
Features
- Central location
- Wheelchair access
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$4,797/mo
Mortgage $4,091 · Tax $220 · Strata $486
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
- $2,589/mo
- After all costs
- −$2,450/mo
- Cap rate
- 2.1%
- yearly net rent ÷ price
Costs: mortgage $4,091 · tax $220 · strata $486 · 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
North VancouverGoogle Maps ↗
Schools
Catchment schools, North Vancouver School District 44
- Elementary Lynn Valley Elementaryhomes in this catchment
200 m away · 3207 Institute Road, North Vancouver · 604-903-3620
- Secondary Argyle Secondaryhomes in this catchment
500 m away · 1131 Frederick Rd, North Vancouver · 604-903-3300
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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