557 422 E 3rd St, North Vancouver BC - Apartment/Condo for Sale - MLS# R3145641

51 days on the market
$799,000
Est. Mortgage $3,535/mo
Listing updated:
EstateBlock checked:
2 Beds
2 Baths
668 sqft
1196 $ /sqft
310 $ Maint. fee
2025 built
13.0% price reduction
51 days on the market
$799,000
$918,000
Est. $3,535/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 557 422 E 3rd Street

13.0% price reduction

Welcome to INNOVA, a boutique concrete low-rise by Cascadia Green Development in the heart of Lower Lonsdale. This bright 2-bedroom, 2-bath home offers 668 sq.ft. of thoughtfully designed living space plus a 105 sq.ft. balcony with beautiful ocean and city views. The open-concept layout features premium finishes, air conditioning, in-suite laundry, and a modern kitchen with quality appliances. Residents enjoy outstanding amenities including a rooftop terrace, community garden, BBQ area, dog wash, bike wash, bike storage, party room, and fitness centre. Just steps to cafés, restaurants, breweries, the Shipyards, SeaBus, and all the best of Lower Lonsdale. A fantastic opportunity to live or invest in one of North Vancouver’s most desirable neighbourhoods. Open House Saturday 22th , 11-1 pm

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features Elevator, Storage
Heating Type Forced Air
Cooling Central Air, Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony, Private Yard
View Description City & Ocean View
Roof Concrete
Structures Multi Family, Residential Attached

Building Details

Price $799,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 668
Year Built 2025
Age Of Building 1
Building Type Apartment/Condo
Property Type Residential
Architecture Style Top Floor Unit
Stories 1
Building Amenities Bike Room, Clubhouse, Day Care, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Water
Ownership Type Freehold Strata
Maintenance Fee $310
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Day Care, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Water
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Under Building, Lane Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns,Smoking Restrictions
Pet Restrictions Yes With Restrictions
Units In Development 153

Lot & Land

MLS® # R3145641
Area North Vancouver
Neighbourhood Lower Lonsdale
City North Vancouver
Postal Code V7L 0K1
Gross Taxes $2,290
Zoning CD-730

Property Timeline

Status Date Price
R3145641 / Active 07-10-2026 $799,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Living Room 10'8 x 10'8 ft
Main Level Kitchen 12'8 x 12'8 ft
Main Level Dining Room 8'0 x 8'0 ft
Main Level Primary Bedroom 10'0 x 10'0 ft
Main Level Bedroom 9'0 x 9'0 ft
Main Level Laundry 3'0 x 3'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3
Main Level No #3

Listed by: RE/MAX Masters Realty & Heller Murch Realty

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, Secondary
St. Alcuin College for the Liberal Arts
Above Average 0.91 km 8.1/10
Elementary, Secondary
St. Alcuin College for the Liberal Arts
Above Average 0.91 km 8.1/10

Closest Transit

Bus Stop
Eastbound E 3rd St @ St. Patricks Ave
0.06 km
Skytrain
Seabus Station @ Lonsdale Quay
1.20 km

Crime Rate

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

Demographics

Post-Secondary Education
Average 31.8%
No Certificate/Degree
Below Average 8.3%
Owner Occupied
Average 65%
Employment Rate
Average 58.2%

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

70 / 100
Overall sell-speed score
Likely within weeks
C
Price competition grade
Avg comparable: $739,075
Seller's
Market conditions
Seller's market — high demand area
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.20 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
51 DOM
Slower than area
Lower Lonsdale avg
31 DOM
Average
North Vancouver avg
31 DOM
Faster market

557 422 E 3rd Street has a sell-speed score of 70/100, placing it in the "Expected to sell within weeks" band. The listing is priced 7.5% 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 likely to sell within a few weeks.

Climate Risk for V7L 0K1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7L 0K1, 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 (~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 (38 nearby)

  • V-nam · 616 m · Restaurant
  • Sushi kumo · 628 m · Restaurant
  • The gull bar & kitchen · 679 m · Restaurant

Shopping (34 nearby)

  • Obsession bikes · 358 m · Bicycle Shop
  • Marcy's hair salon · 632 m · Hairdresser
  • Booklovers · 654 m · Bookshop

Groceries (8 nearby)

  • Beere brewing tasting room · 448 m · Beverages
  • North point tasting room · 452 m · Beverages
  • Shaketown brewing · 485 m · Beverages

Cafes (6 nearby)

  • Goldie's · 625 m · Cafe
  • S'wich cafe · 779 m · Cafe
  • West of java cafe · 878 m · Cafe

Healthcare (3 nearby)

  • Pure integrative pharmacy · 893 m · Healthcare
  • Balanced health · 899 m · Healthcare
  • Anderson's pharmacy · 960 m · Healthcare

Gyms (1 nearby)

  • The shipyards skate plaza · 886 m · Gym

Transit (1 nearby)

  • Bus stop southbound grand blvd east @ e 9th st · 987 m · Transit

Schools NearBy

19 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Ridgeway Elementary School

Public

Grades Served

K-7

Catchment Info

6.4 / 10

Distance

736 m

St. Alcuin College for the Liberal Arts

Independent

Grades Served

K-12

Catchment Info

8.2 / 10

Distance

909 m

St. Thomas Aquinas

Independent

Grades Served

Catchment Info

2.9 / 10

Distance

1.23 KM

Braemar Elementary

Public

Grades Served

Catchment Info

7.7 / 10

Distance

1.40 KM

St. Edmund's

Independent

Grades Served

K-7

Catchment Info

8.5 / 10

Distance

1.45 KM

Continuing Ed SD 44

Public

Grades Served

Catchment Info

0

Distance

1.65 KM

North Vancouver Online Learning

Public

Grades Served

Catchment Info

5.8 / 10

Distance

1.65 KM

Brooksbank Elementary School

Public

Grades Served

K-7

Catchment Info

6.7 / 10

Distance

1.91 KM

Sutherland Secondary School

Public

Grades Served

8-12

Catchment Info

6.3 / 10

Distance

2.09 KM

Queensbury Elementary School

Public

Grades Served

K-7

Catchment Info

7.2 / 10

Distance

2.10 KM

North Star Montessori Elementary School

Independent

Grades Served

K

Catchment Info

0

Distance

2.15 KM

Westview Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

2.34 KM

Carson Graham Secondary

Public

Grades Served

Catchment Info

5.9 / 10

Distance

2.49 KM

Bodwell High School

Independent

Grades Served

8-12

Catchment Info

0

Distance

2.56 KM

Eastview Elementary

Public

Grades Served

Catchment Info

7.0 / 10

Distance

2.59 KM

Boundary Elementary

Public

Grades Served

Catchment Info

8.8 / 10

Distance

2.63 KM

Lynnmour Elementary School

Public

Grades Served

K-7

Catchment Info

5.0 / 10

Distance

2.68 KM

Tillicum Community Annex

Public

Grades Served

K-4

Catchment Info

7.4 / 10

Distance

2.70 KM

Holy Trinity School

Independent

Grades Served

K-7

Catchment Info

8.5 / 10

Distance

2.86 KM

Walkability & Transit Near 557 422 E 3rd Street

Walk Score Badge
Car-Dependent 79

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 55

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
79

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 557 422 E 3rd Street

/month
Principal & Interest
Property Taxes $191
Maintenance fee 310
Based on a 30-year fixed at 4% interest with 20% down ($159,800), the estimated monthly payment for this listing is $3,553/month — $3,052 principal & interest, $191 property tax, $310 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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $2,760/month, this property runs a $843/month shortfall after mortgage and carrying costs. Break-even requires approximately 43% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 557 422 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 $799,000
North Vancouver Loading...
Lower Lonsdale Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in North Vancouver, similar apartments/condos average $743,200 across 10 active listings — this listing is 7.5% above the North Vancouver average. This property is flagged as a Hot Deal (13.0% price reduction) 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

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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 557 422 E 3rd Street

Walk Score Badge
Car-Dependent 79

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 55

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
79

Bike Score - Very Bikeable

Biking is convenient for most trips

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