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$949,000

503 2632 LIBRARY LANE

North Vancouver · MLS® R3120439

2 bed · 2 bath · 909 sq ft · 2 parking

Condo · Single Family · built 2019 · 154 days on market

Listed by Jay Bell, Oakwyn Realty Ltd.

Beautiful top-floor 2 bed, 2 bath condo in the heart of Lynn Valley with sweeping mountain views and a private deck. Soaring ceilings and a smart, open layout create a bright and spacious feel throughout. The kitchen features quartz countertops, marble backsplash, and premium KitchenAid & Fisher & Paykel stainless steel appliances, flowing seamlessly into the living and dining areas perfect for everyday living and entertaining. Building amenities include EV charging and a convenient dog wash station. Includes 2 parking stalls. Steps to Lynn Valley Centre, parks, hiking and biking trails, transit, and close to top-rated schools.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 909 sq ft
Parking: 2
Year built: 2019
Property tax: $4,315 / yr
Strata fee: $453 / mo ($0.50 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 154
MLS®: R3120439

Above typical for the area (+10%)

2026 assessment: $889,000 · asking is +6.7%
Price per sq ft: $1,044 vs $949 median for condos in North Vancouver for sale (441)
Last sold: $959,000 · Jun 29, 2023

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 With Restrictions
All

On market 154 days

Listed now: 29 days; median for 441 condos for sale; this one 154 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 Maps can be out of date or miss a lot line; confirm with the municipality.

$4,948/mo

Mortgage $4,135 · Tax $360 · Strata $453

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

estimated payment

$4,135/ monthly

loan $759,200

25-year amortization

down payment20% · $189,80020%+ 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: $481,211
property transfer tax: $16,980; BC general rate
cash to close: $206,780; down + PTT
total paid: $1,240,411

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: −$2,601/mo
Cap rate: 1.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $4,135 · tax $360 · strata $453 · 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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