Open houseCondo
$530,000
27% less per sq ft201 225 W 3RD STREET
North Vancouver11 days on market
MLS® R3170325
1 / 31
1 bed · 1 bath · 709 sq ft · 1 parking
Condo · Single Family · built 2008 · 25 days on market
Listed by Kit Matkaluk, The Agency Vancouver
Realtor's description
Experience Lower Lonsdale living in this premium south-facing 1-bedroom plus den 709 sqft home. Perched on the 6th floor, this sun-drenched unit showcases beautiful, views of downtown and expansive views of the Lions Gate Bridge The immaculate interior features elegant engineered hardwood floors, a chef's kitchen with a gas range, stainless steel appliances, cozy radiant in-floor heating, and the convenience of in-suite laundry. Built with solid concrete construction for ultimate quiet and peace of mind, this home leaves nothing out. Outside you will find a covered oversized patio for entertaining. The property includes 1 secured parking stall, 1 storage locker, and access to a bike room. Leave your car at home-you are just steps from the SeaBus, Lonsdale Quay, and the North Shore's finest shops, restaurants, and amenities. Welcome home!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 709 sq ft
- Parking
- 1
- Year built
- 2008
- Property tax
- $2,275 / yr
- Strata fee
- $523 / mo ($0.74 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 25
- MLS®
- R3165293
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$3,801/mo
Mortgage $3,089 · Tax $190 · Strata $523
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
- $2,134/mo
- After all costs
- −$1,873/mo
- Cap rate
- 2.1%
- yearly net rent ÷ price
Costs: mortgage $3,089 · tax $190 · strata $523 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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 Queen Mary Elementaryhomes in this catchment
500 m away · 230 Keith Rd W, North Vancouver · 604-903-3720
- Secondary Carson Graham Secondaryhomes in this catchment
1.6 km away · 2145 Jones Ave, North Vancouver · 604-903-3555
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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