504 131 E 3RD STREET
North Vancouver · MLS® R3167014
2 bed · 2 bath · 856 sq ft · 1 parking
Condo · Single Family · built 2017 · 20 days on market
Listed by Jeff Donohoe, Oakwyn Realty Ltd.
Realtor's description
2 BEDROOM, 2 BATHROOM, CORNER Unit with 2 DECKS, in the CONCRETE, Boutique Anchor building! Built in 2017, this home features a nicely laid out 856 square ft floor plan with quality finishes that feel right as soon as you walk in. The main living area is completely open showcasing a chef´s kitchen - great for entertaining, featuring an over 8 ft island, all kitchen aid stainless steel appliances, quartz counters, & herringbone tile backsplash. The space also connects to a northeast exposed deck with gas bib hook up (rare) to bbq while taking in the views from the Lions to Mt Baker! The home also has separated bedrooms on each side, with a 2nd deck with water views and a private garden + hose bib! The home comes with 1 parking, storage locker, has all heating & hot water included in the maintenance fee, & enjoys some amazing building amenities: a stunning rooftop deck with 360 degree views, gym, party room, & bike room. You don´t find homes with these features often - come have a look!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 856 sq ft
- Parking
- 1
- Year built
- 2017
- Property tax
- $2,832 / yr
- Strata fee
- $605 / mo ($0.71 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 20
- MLS®
- R3167014
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
Floor plans
Found among the listing photos.
Monthly cost
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
- −$2,415/mo
- Cap rate
- 2.0%
- yearly net rent ÷ price
Costs: mortgage $3,921 · tax $236 · strata $605 · 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
Schools
Catchment schools, North Vancouver School District 44
- Elementary Cloverley Elementaryhomes in this catchment
- Secondary Sutherland Secondaryhomes in this catchment
2.2 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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