Home North Vancouver, BC Lower Lonsdale Observatory 2901 120 W 2nd Street

2901 120 W 2nd St, North Vancouver BC - Apartment/Condo for Sale - MLS# R3161281

4 days on the market

$3,125,000

Est. Mortgage $13,825/mo

Listing updated: Sep 3, 2026 at 11:25am

EstateBlock checked: Sep 6, 2026 at 06:40am

The Observatory

3 Beds

3 Baths

2328 sqft

1342 $ /sqft

1729.52 $ Maint. fee

1990 built

NEW OPEN HOUSE

4 days on the market

$3,125,000

Est. $13,825/mo with 20% down

Listing updated: Sep 3, 2026 at 11:25am

EstateBlock checked: Sep 6, 2026 at 06:40am

Photos

Exterior Front Photo of 2901 120 W 2nd Street, North Vancouver, BC

Exterior Rear Photo of 2901 120 W 2nd Street, North Vancouver, BC

Living Room Photo of 2901 120 W 2nd Street, North Vancouver, BC

Family Room Photo of 2901 120 W 2nd Street, North Vancouver, BC

Dining Area Photo of 2901 120 W 2nd Street, North Vancouver, BC

Kitchen Photo of 2901 120 W 2nd Street, North Vancouver, BC

Kitchen Island Photo of 2901 120 W 2nd Street, North Vancouver, BC

Pantry Photo of 2901 120 W 2nd Street, North Vancouver, BC

Breakfast Nook Photo of 2901 120 W 2nd Street, North Vancouver, BC

Primary Bedroom Photo of 2901 120 W 2nd Street, North Vancouver, BC

Indulge in unparalleled luxury with this penthouse at the Observatory. Floor-to-ceiling windows offer sweeping city and harbour views. This extensively renovated 2328 SF home spans four levels and features over 1500 SF of outdoor terraces. Highlights include a gourmet kitchen with a butler’s pantry, 12-foot ceilings, custom built-ins throughout, and four private outdoor spaces. The layout has two bedrooms on lower level and a top-floor master suite with a walk-in closet and spa-like en-suite. Enjoy vibrant Lower Lonsdale living with shops, restaurants, and entertainment at your doorstep. Includes 3 parking spots, ample storage, plus stunning gardens, a fitness centre, and a pool—it’s like living in a resort!

Open houses

08 Sep, 2026 (09:00 AM to 11:00 AM)

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Interior Features	Elevator
Fireplace	2
Heating Type	Baseboard, Hot Water
Cooling	Central Air
# of Kitchens	1
Flooring	Hardwood, Tile
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Garden, Balcony
View Description	PANORAMIC OCEAN, CITY & MTNS
Roof	Metal, Other
Structures	Multi Family, Residential Attached

Building Details

Price	$3,125,000
Total Bedrooms	3
Total Bathrooms	3
Full Bathrooms	3
Half Bathrooms	0
Floor Area Total (sqft)	2328
Year Built	1990
Age Of Building	36
Building Type	Apartment/Condo
Property Type	Residential
Architecture Style	4 Level Split, Penthouse
Stories	4
Building Amenities	Bike Room, Exercise Centre, Caretaker, Maintenance Grounds, Gas, Heat, Management, Recreation Facilities, Sewer
Building Name	The Observatory
Ownership Type	Freehold Strata
Maintenance Fee	$1,729.52
Community Features	Shopping Nearby
Amenities Nearby	Bike Room, Exercise Centre, Caretaker, Maintenance Grounds, Gas, Heat, Management, Recreation Facilities, Sewer
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Garage Triple, Underground, Front Access
Total Parking Spaces	3
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Units In Development	73

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3161281
Area	North Vancouver
Neighbourhood	Lower Lonsdale
City	North Vancouver
Postal Code	V7M 1C3
Gross Taxes	$11,595.29
Zoning	MFD

Property Timeline

Status	Date	Price
R3161281 / Active	09-02-2026	$3,125,000
to view full Property History (9 earlier records)

Rooms

Floor	Type	Dimensions
Below	Foyer	9'7 x 9'7 ft
Below	Storage	5'11 x 5'11 ft
Below	Bedroom	12'3 x 12'3 ft
Below	Bedroom	12'3 x 12'3 ft
Below	Living Room	22'2 x 22'2 ft
Below	Patio	14'4 x 14'4 ft
Below	Patio	26'11 x 26'11 ft
Main Level	Dining Room	14'8 x 14'8 ft
Main Level	Pantry	6'0 x 6'0 ft
Main Level	Kitchen	18'7 x 18'7 ft
Main Level	Butlers Pantry	9'8 x 9'8 ft
Above Level	Primary Bedroom	15'5 x 15'5 ft
Above Level	Laundry	6'3 x 6'3 ft
Above Level	Walk-In Closet	10'8 x 10'8 ft
Above Level	Patio	24'5 x 24'5 ft
Above Level	Patio	11'8 x 11'8 ft

Bathrooms

Floor	Ensuite	Pieces
Below	No	#3
Below	Yes	#3
Above Level	Yes	#4

Listed by: Rennie & Associates Realty Ltd.

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.

Map & Neighbourhood

Private Schools

Elementary
St. Edmund's: Above Average 0.52 km 8.5/10
Secondary
St. Thomas Aquinas: Below Average 0.53 km 2.9/10

Closest Transit

Bus Stop
Eastbound W 3rd St @ Chesterfield Ave: 0.07 km
Skytrain
Seabus Station @ Lonsdale Quay: 0.47 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 39.2%
No Certificate/Degree: Below Average 6.6%
Owner Occupied: Average 60.4%
Employment Rate: Below Average 37%

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

50 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $-1,115,625

Seller's

Market conditions

Seller's market — high demand area

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.47 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

4 DOM

Very fast

Lower Lonsdale avg

31 DOM

Average

North Vancouver avg

31 DOM

Slower market

2901 120 W 2nd Street has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 135.7% above comparable active properties in Lower Lonsdale. The local market is currently a Seller's Market with a sales-to-active ratio of 21.1% and an area average of 31 days on market — buyers are active. With only 451 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V7M 1C3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7M 1C3, 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 (BC ENV 2024). Nearest station: North Vancouver Mahon Park, North Vancouver (~1.2 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 (66 nearby)

Minemura sushi · 92 m · Restaurant
Lee's donuts · 165 m · Fast Food
Browns socialhouse · 168 m · Restaurant

Shopping (62 nearby)

Inblume salon & atelier · 59 m · Hairdresser
Hair sense · 82 m · Hairdresser
Hair soda · 86 m · Hairdresser

Groceries (20 nearby)

Golestan bakery · 103 m · Bakery
Foxy farm market · 179 m · Greengrocer
Fresh st. market · 234 m · Supermarket

Cafes (13 nearby)

49th parallel coffee roasters · 226 m · Cafe
Tim hortons · 243 m · Cafe
West of java cafe · 257 m · Cafe

Healthcare (10 nearby)

Anderson's pharmacy · 97 m · Healthcare
Balanced health · 178 m · Healthcare
Shoppers drug mart · 232 m · Healthcare

Transit (2 nearby)

Seabus station @ lonsdale quay station · 474 m · Transit
Bus stop eastbound w keith rd @ delbruck ave · 861 m · Transit

Gyms (1 nearby)

The shipyards skate plaza · 448 m · Gym

Schools NearBy

21 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Braemar Elementary	Public	Grades Served —	Catchment Info —	7.7 / 10	Distance 358 m
St. Edmund's	Independent	Grades Served K-7	Catchment Info —	8.5 / 10	Distance 519 m
St. Thomas Aquinas	Independent	Grades Served —	Catchment Info —	2.9 / 10	Distance 527 m
St. Alcuin College for the Liberal Arts	Independent	Grades Served K-12	Catchment Info —	8.2 / 10	Distance 869 m
Continuing Ed SD 44	Public	Grades Served —	Catchment Info —	0	Distance 927 m
North Vancouver Online Learning	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 927 m
Ridgeway Elementary School	Public	Grades Served K-7	Catchment Info —	6.4 / 10	Distance 1.31 KM
Westview Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 1.38 KM
Bodwell High School	Independent	Grades Served 8-12	Catchment Info —	0	Distance 1.57 KM
Carson Graham Secondary	Public	Grades Served —	Catchment Info —	5.9 / 10	Distance 1.74 KM
Queen Mary Community Elementary School	Public	Grades Served K-7	Catchment Info —	4.8 / 10	Distance 2.07 KM
Queensbury Elementary School	Public	Grades Served K-7	Catchment Info —	7.2 / 10	Distance 2.15 KM
Larson Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.27 KM
Norgate Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.0 / 10	Distance 2.35 KM
Boundary Elementary	Public	Grades Served —	Catchment Info —	8.8 / 10	Distance 2.35 KM
Sutherland Secondary School	Public	Grades Served 8-12	Catchment Info —	6.3 / 10	Distance 2.36 KM
Holy Trinity School	Independent	Grades Served K-7	Catchment Info —	8.5 / 10	Distance 2.38 KM
Brooksbank Elementary School	Public	Grades Served K-7	Catchment Info —	6.7 / 10	Distance 2.52 KM
Andre-Piolat	Public	Grades Served —	Catchment Info —	8.2 / 10	Distance 2.63 KM
Capilano Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.63 KM
Mountainside Secondary School	Public	Grades Served 9-12	Catchment Info —	4.5 / 10	Distance 2.94 KM

Walkability & Transit Near 2901 120 W 2nd Street

Car-Dependent 96

Walk Score - Walker's Paradise

Daily errands do not require a car

Some Transit 64

Transit Score - Good Transit

Many nearby public transportation options

Somewhat
Bikeable 72

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 2901 120 W 2nd Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $966

Maintenance fee 1729.52

A 20% down payment of $625,000 on this $3,125,000 listing yields an estimated mortgage of $11,935/month (30-year fixed, 4%). Total estimated housing cost: $14,631/month, $966 property tax, $1,730 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.

Listing data last synced: Sep 3, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

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Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

With $6,896/month in estimated rental income against $14,686/month in mortgage payments, the monthly cashflow is -$7,789/month. A 73% down payment would reach break-even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 2901 120 W 2nd Street, North Vancouver

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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.