207 122 E 3rd St, North Vancouver BC – Condo for Sale – MLS® R3117763

207 122 E 3rd Street, North Vancouver, British Columbia V7L 1E6

174 days on the market
$700,000
Est. Mortgage $3,097/mo
Listing updated:
EstateBlock checked:
Sausalito
2 Beds
2 Baths
880 sqft
795 $ /sqft
606.58 $ Maint. fee
2005 built
6.7% price reduction 23.2% cheaper than comps
174 days on the market
$700,000
$750,000
Est. $3,097/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 207 122 E 3rd Street

6.7% price reduction 23.2% cheaper than comps

Set in the heart of Lower Lonsdale, one of North Vancouver’s most vibrant and walkable neighbourhoods, The Sausalito is a highly sought after buildings with premium finishes. Inside, the homes are finished to an exceptional standard: hardwood flooring, gas fireplace, soaker tubs, designer lighting & fixtures, and Kohler-appointed bathrooms. Kitchens feature granite countertops, gas ranges, and stainless steel KitchenAid Architect Series appliances. This 2 bdrm home (second bdrm is junior room) reflects the character of LoLo itself: modern, design-forward, and connected to everything. Residents are steps from the waterfront, Lonsdale Quay, Shipyards District, restaurants, cafés, and direct SeaBus access to downtown Vancouver.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Interior Features Elevator, Storage
Fireplace 1
Heating Type Baseboard, Electric, Natural Gas
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile, Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $700,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 880
Year Built 2005
Age Of Building 21
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Trash, Maintenance Grounds, Gas, Hot Water, Management
Building Name Sausalito
Ownership Type Freehold Strata
Maintenance Fee $606.58
Community Features Shopping Nearby
Amenities Nearby Bike Room, Trash, Maintenance Grounds, Gas, Hot Water, Management
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Guest, Lane Access, Side Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions
Units In Development 46

Lot & Land

Lot Size Depth Feet
MLS® # R3117763
Area North Vancouver
Neighbourhood Lower Lonsdale
City North Vancouver
Postal Code V7L 1E6
Gross Taxes $2,494.66
Zoning CD

Property Timeline

Status Date Price
R3117763 / Active 04-30-2026 $700,000
Rooms
Floor Type Dimensions
Main Level Living Room 11'11 x 11'11 ft
Main Level Kitchen 11'7 x 11'7 ft
Main Level Primary Bedroom 9'10 x 9'10 ft
Main Level Bedroom 8'10 x 8'10 ft
Main Level Den 8'9 x 8'9 ft
Main Level Eating Area 11'7 x 11'7 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #2

Listed by: Sutton Group-West Coast Realty (Surrey/24)

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

About the building: Sausalito

122 E 3rd Street, North Vancouver

Sausalito building details

Building

Built
2006
Homes
46 in 5 storeys
Construction
Frame - Wood
Title
Freehold Strata
Strata plan
BCS1650
Managed by
First Service Residential
Parking
Garage: Underground, Garage Underbuilding
Lockers
Limited
Strata fee covers
ManagementHot WaterGasGardeningGarbage Pickup

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map & Neighbourhood

Private Schools

Elementary, Secondary
St. Alcuin College for the Liberal Arts
Above Average 0.68 km 8.1/10
Secondary
St. Thomas Aquinas
Below Average 0.56 km 2.9/10

Closest Transit

Bus Stop
Eastbound E 3rd St @ Lonsdale Ave
0.05 km
Skytrain
Seabus Station @ Lonsdale Quay
0.63 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average 38%
No Certificate/Degree
Below Average 5.7%
Owner Occupied
Below Average 54.3%
Employment Rate
Below Average 40.9%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

76 / 100
Overall sell-speed score
Likely within 1–3 weeks
A+
Price competition grade
Avg comparable: $862,400
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.63 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How LOWER LONSDALE compares
This property
174 DOM
Slower than area
Lower Lonsdale avg
35 DOM
Average
North Vancouver avg
35 DOM
Faster market

207 122 E 3rd Street has a sell-speed score of 76/100, placing it in the "Expected to sell within 1–3 weeks" band. The listing is priced 23.2% below comparable active properties in Lower Lonsdale, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 14.9% and an area average of 35 days on market — conditions are balanced. With only 416 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is likely to attract offers within 1–3 weeks.

Climate Risk for V7L 1E6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7L 1E6, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 3.9 µg/m³ — meets WHO 2021 guideline. Nearest station: North Vancouver Mahon Park, North Vancouver (~1.3 km). Annual avg AQHI 2.1 — Low Risk.

Heat Moderate

North Vancouver - City currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.8 °C baseline, ~32.2 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1601 mm (1981–2010 baseline), projected ~1661 mm by the 2050s. Extreme 1-day rainfall: ~53.1 mm baseline, ~59.2 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Restaurants (73 nearby)

  • Alloz grill · 61 m · Restaurant
  • Subway · 68 m · Fast Food
  • Tsukiji kitchen · 94 m · Restaurant

Shopping (62 nearby)

  • Cadmos stationary · 60 m · Post Office
  • Cadmos stationary and convenience store · 60 m · Stationery
  • Supernova salon · 90 m · Hairdresser

Groceries (21 nearby)

  • Golestan bakery · 178 m · Bakery
  • Foxy farm market · 257 m · Greengrocer
  • Lucky's exotic bodega · 259 m · Convenience

Cafes (14 nearby)

  • West of java cafe · 257 m · Cafe
  • 49th parallel coffee roasters · 274 m · Cafe
  • Tim hortons · 371 m · Cafe

Healthcare (10 nearby)

  • Anderson's pharmacy · 184 m · Healthcare
  • Balanced health · 196 m · Healthcare
  • Pure integrative pharmacy · 277 m · Healthcare

Transit (2 nearby)

  • Seabus station @ lonsdale quay station · 632 m · Transit
  • Bus stop westbound e keith rd @ ridgeway ave · 889 m · Transit

Gyms (1 nearby)

  • The shipyards skate plaza · 444 m · Gym

Schools NearBy

22 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

St. Thomas Aquinas

Independent

Grades Served

—

Catchment Info

—
2.9 / 10

Distance

563 m

Braemar Elementary

Public

Grades Served

—

Catchment Info

—
7.7 / 10

Distance

625 m

St. Alcuin College for the Liberal Arts

Independent

Grades Served

K-12

Catchment Info

—
8.2 / 10

Distance

685 m

St. Edmund's

Independent

Grades Served

K-7

Catchment Info

—
8.5 / 10

Distance

698 m

Continuing Ed SD 44

Public

Grades Served

—

Catchment Info

—
N/A

Distance

1.01 KM

North Vancouver Online Learning

Public

Grades Served

—

Catchment Info

—
5.8 / 10

Distance

1.01 KM

Ridgeway Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.4 / 10

Distance

1.05 KM

Westview Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.2 / 10

Distance

1.59 KM

Bodwell High School

Independent

Grades Served

8-12

Catchment Info

—
N/A

Distance

1.85 KM

Carson Graham Secondary

Public

Grades Served

—

Catchment Info

—
5.9 / 10

Distance

1.86 KM

Queensbury Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.2 / 10

Distance

2.02 KM

Sutherland Secondary School

Public

Grades Served

8-12

Catchment Info

—
6.3 / 10

Distance

2.18 KM

Brooksbank Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.7 / 10

Distance

2.29 KM

Boundary Elementary

Public

Grades Served

—

Catchment Info

—
8.8 / 10

Distance

2.32 KM

Queen Mary Community Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.8 / 10

Distance

2.33 KM

Larson Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.9 / 10

Distance

2.39 KM

Holy Trinity School

Independent

Grades Served

K-7

Catchment Info

—
8.5 / 10

Distance

2.41 KM

Norgate Community Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.0 / 10

Distance

2.63 KM

Andre-Piolat

Public

Grades Served

—

Catchment Info

—
8.2 / 10

Distance

2.70 KM

North Star Montessori Elementary School

Independent

Grades Served

K

Catchment Info

—
N/A

Distance

2.80 KM

Capilano Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.8 / 10

Distance

2.89 KM

Eastview Elementary

Public

Grades Served

—

Catchment Info

—
7.0 / 10

Distance

2.90 KM

Walkability & Transit Near 207 122 E 3rd Street

Walk Score Badge
Car-Dependent 95

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 63

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
71

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 207 122 E 3rd Street

/month
Principal & Interest
Property Taxes $208
Maintenance fee 606.58
Based on a 30-year fixed at 4% interest with 20% down ($140,000), the estimated monthly payment for this listing is $3,489/month — $2,674 principal & interest, $208 property tax, $607 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $2,484/month, this property runs a $1,061/month shortfall after mortgage and carrying costs. Break-even requires approximately 52% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 207 122 E 3rd Street, North Vancouver

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

Principal paid off by year 5 —
Principal paid off by year 10 —

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Lower Lonsdale, North Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $700,000
North Vancouver Loading...
Lower Lonsdale Loading...

Based on 22 comparable active apartments/condos in Lower Lonsdale, the average asking price is $911,911. This listing is priced 23.2% below the neighbourhood average. This property is flagged as a Hot Deal (6.7% price reduction, 23.2% cheaper than comparables) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 207 122 E 3rd Street

Walk Score Badge
Car-Dependent 95

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 63

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
71

Bike Score - Very Bikeable

Biking is convenient for most trips

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