701 175 W 1st Street

North Vancouver · MLS® R3178674

all units at 175 W 1st St →

111

610 sq ft · Condo · Single Family · built 2004 · listed today

listed by Brent Eilers, RE/MAX Masters Realty

realtor's description

Why rent when you can own your own place at this incredible price? Convenient Lower Lonsdale location on desirable, quiet West 1st Avenue in the Award winning "Time" building! Lovely city and water view from your balcony on the cool east side of the building. Walk to shopping entertainment, restaurants, and sea bus. Transportation at your doorstep, or just hop on your bike and access the Spirit trail or any other route you desire. Cozy interior with island kitchen and warm gas fireplace for those winter evenings. One parking and one locker, and in-suite laundry. Recent upgrades to the well looked after building, with a very responsible Strata. What a Lifestyle! Open Tuesday Oct 27, 10-12.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 610 sq ft
parking: 1
year built: 2004
property tax: $2,208 / yr
strata fee: $427 / mo ($0.70 / sq ft)
strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
days on market: 0
MLS®: R3178674

features

Central location
Wheelchair access
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
Washer & Dryer

the market here

listed now: 39 days; median for 440 condos for sale; this one listed today

Condos in North Vancouver. Sale prices register 1 to 3 months after a sale closes.

monthly cost

$3,203/mo

Mortgage $2,592 · Tax $184 · Strata $427

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

estimated payment

$2,592/ monthly

loan $476,000

25-year amortization

down payment20% · $119,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 26, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $301,707
property transfer tax: $9,900; BC general rate
cash to close: $128,900; down + PTT
total paid: $777,707

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

rent: $2,450/mo
after all costs: −$984/mo
cap rate: 3.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,592 · tax $184 · strata $427 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 1-bedroom in North Vancouver: CMHC's average there ($2,134) raised by what new tenants pay against everyone in the Vancouver area, then down 1.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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

the building's lot: 4,771 m² (51,355 sq ft) · PID 026-103-176. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

North VancouverGoogle Maps ↗

schools

Catchment schools, North Vancouver School District 44

Elementary Queen Mary Elementaryhomes in this catchment
800 m away · 230 Keith Rd W, North Vancouver · 604-903-3720
Secondary Carson Graham Secondaryhomes in this catchment
1.8 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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