Property Type: Condo / ApartmentOwnership: Strata

1201 120 W 2ND STREET

North Vancouver, BC V7M1C3

$1,049,000

2 bed2 bath1 parking1,071 sqftBuilt 1990
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Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$813/mo
Annual property tax
$3,794.61 (2025)

Interior

Heating
Baseboard heaters, Hot Water
Fireplace
None

Exterior & Lot

View
View
Pool
Outdoor pool

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3152038
Listed
August 4, 2026
Time on market
On the market for 27 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.

Description

VIEW, VIEW, VIEW. Amazing opportunity to own in an fantastic location in Lower Lonsdale. This 2 bedroom, 2 bath condo offers 1071 square ft of living space with a south facing deck to enjoy stunning views of the Harbor and Downtown Vancouver. The Observatory offers resort like amenities including outdoor pool, hot tub and gym. Only 3 units per floor. Ideally located just steps to The Shipyards, Lonsdale Quay, Seabus and many restaurants and shops. 1 parking spot and 1 storage locker. (id:63159)

Values & Trends

This listing

$979/sqft

Building average

$1,293/sqft

2 active listing(s)

North Vancouver average

$960/sqft

409 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — North Vancouver

Monthly figures from the Fraser Valley Real Estate Board for North Vancouver apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$785,700

Jul 2026

Average Sale Price

$743,041

Jul 2026

Monthly Sales

69

Jul 2026

Active Listings

432

Jul 2026

Sales-to-Active Ratio

16.0%

Jul 2026

Median Days to Contract

19 days

Jul 2026

MLS® HPI Benchmark Price

$830,200
$710,900
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: West Vancouver

17°C

Humidity 66%

Wind NE calm km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

146,288

(2021 Census)

+5.6% since 2016

Density: 848.1/km²

Dwellings: 63,200

Median household income: $108,300

After-tax: $93,882

Immigrant population: 34.7%

Top countries of origin (% of total population)

  • Iran7.8% · 11,435
  • United Kingdom4.1% · 5,975
  • Philippines3.1% · 4,470
  • China1.9% · 2,815
  • United States of America1.5% · 2,200
  • Korea, South1.4% · 2,065
  • South Africa, Republic of0.9% · 1,355
  • India0.9% · 1,305

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

74

8/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
St. Edmund's(Independent)Elementary533 m
Queen Mary Community ElementaryElementary638 m
St. Thomas Aquinas(Independent)Secondary796 m
St. Alcuin College for the Liberal Arts(Independent)K-12884 m
Ridgeway ElementaryElementary1.3 km
Westview ElementaryElementary1.3 km
Bodwell High School(Independent)Secondary1.5 km
Carson Graham SecondarySecondary1.7 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Eastbound W 3rd St @ Chesterfield Ave74 m
Northbound Chesterfield Ave @ W 2nd St84 m
Southbound Chesterfield Ave @ W 3rd St101 m
Northbound Chesterfield Ave @ W 1st St127 m
Westbound W 3rd St @ Lonsdale Ave159 m

Nearby Places

Restaurants (5+)

  • Minemura Sushi · 129 West 3rd Street94 m
  • Mythos Taverna · 132 West 3rd Street116 m
  • Browns Socialhouse · 103 West 2nd Street168 m
  • Buddha-full - Lonsdale · 101 West 1st Street187 m
  • The Green Leaf Aburi Sushi · 117 West 1st Street196 m

Cafes (5+)

  • 49th Parallel Coffee Roasters · 93 Lonsdale Avenue225 m
  • Tim Hortons · 132 West Esplanade242 m
  • West of Java Cafe257 m
  • Bean Around The World · 506 Chesterfield Avenue317 m
  • InTea · 129 East Esplanade341 m

Grocery (1)

  • Fresh St. Market · 150 West Esplanade233 m

Parks (5+)

  • Jack Loucks Court134 m
  • Katsalánexw Park150 m
  • Semisch Park228 m
  • Unnamed346 m
  • Unnamed370 m

Shopping (1)

  • Lonsdale Quay Market · 123 Carrie Cates Court415 m

Gyms (5+)

  • Salted Cycle · 119 East 1st Street289 m
  • Lagree West · 117 East 1st Street299 m
  • Vibe Lng · 111 East 1st Street300 m
  • Anka Pilates · 110 West Esplanade336 m
  • Pilates from the Center · 157 East 1st Street408 m

Pharmacies (5+)

  • Anderson's Pharmacy · 127 West 3rd Street99 m
  • Balanced Health · 135 Lonsdale Avenue178 m
  • Shoppers Drug Mart · 150 West Esplanade230 m
  • Pure Integrative Pharmacy · 88 Lonsdale Avenue259 m
  • Pharmasave · 123 West Esplanade285 m

Banks & ATMs (5+)

  • Bitcoin ATM Localcoin · 125 West 3rd Street104 m
  • TD Canada Trust · 180 West Esplanade244 m
  • Scotiabank · 129 West Esplanade282 m
  • BMO306 m
  • Unnamed467 m

Nearby places data: © OpenStreetMap contributors.

School district: North Vancouver (SD44)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($79,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$839,200.00
Periodic payment — Principal & Interest (monthly)$5,414.23
Additional monthly expenses (strata, tax, utilities, etc.)$1,183.02
Total monthly cost$6,597.25
Interest paid over 5-yr term$240,517.13
Balance at end of term$754,863.11

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$79,900
Stress test qualifying rate8.09%
Payment you must qualify for$7,452.04

Cash Needed at Closing

Minimum down payment$79,900
Estimated BC PTT$18,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$100,380

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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