Townhouse
$1,099,900
131 602 E 2ND STREET
North Vancouverlisted today
MLS® R3174338
1 / 38
$1,199,000
409 185 VICTORY SHIP WAY
North Vancouver · MLS® R3162289
All units at 185 Victory Ship Way →2 bed · 2 bath · 1,130 sq ft · 1 parking
Condo · Single Family · built 2018 · 31 days on market
Listed by Christina Prevedoros, Rennie & Associates Realty Ltd.
Open house · Saturday, October 10, 2pm–4pm
Realtor's description
$100k BELOW ASSESSED! Exceptional value at the Shipyards. Enjoy waterfront living at Cascade East in the heart of Lower Lonsdale. This spacious 1,127 sqft 2-bed, 2-bath corner home offers a thoughtful, accessible layout with over-height 9´ ceilings, gorgeous morning light and large windows that create an airy, inviting feel. The gourmet kitchen features Bosch appliances, ample counter space and breakfast bar, opening to bright living and dining areas. The oversized primary offers hardwood flooring, updated lighting and modern roller shades. A/C provides year-round comfort, while the large wrap-around patio showcases stunning water and city views. Steps to the Shipyards, shops, dining and transit. OPEN HOUSE: Saturday, Oct. 10th 2-4pm
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,130 sq ft
- Parking
- 1
- Year built
- 2018
- Property tax
- $4,555 / yr
- Strata fee
- $725 / mo ($0.64 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 31
- MLS®
- R3162289
Features
- Central location
- Elevator
- Wheelchair access
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
Floor plans
Found among the listing photos.
Monthly cost
$6,328/mo
Mortgage $5,224 · Tax $380 · Strata $725
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
- −$3,981/mo
- Cap rate
- 1.2%
- yearly net rent ÷ price
Costs: mortgage $5,224 · tax $380 · strata $725 · 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 Cloverley Elementaryhomes in this catchment
- Secondary Sutherland Secondaryhomes in this catchment
2.6 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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