701 120 W 2nd St, North Vancouver BC V7M 1C3 – Condo for Sale – MLS® R3180200

701 120 W 2nd Street, North Vancouver, British Columbia V7M 1C3

1 day on the market
$1,219,000
Est. Mortgage $5,393/mo
Listing updated:
EstateBlock checked:
The Observatory
2 Beds
2 Baths
1071 sqft
1138 $ /sqft
820.31 $ Maint. fee
1990 built
NEW OPEN HOUSE
1 day on the market
$1,219,000
Est. $5,393/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 701 120 W 2nd Street

Beautifully renovated 2-bed, 2-bath corner unit offering 1,071 sqft of bright, spacious living in the heart of Lower Lonsdale. Enjoy panoramic southeast ocean views, capturing the city, Metrotown, and beyond. With only three residences per floor, this home offers exceptional privacy and tranquillity. The thoughtfully designed layout features generous living spaces and abundant natural light throughout. Resort-style amenities include an outdoor lap pool, hot tub, beautifully maintained lawn and gardens, fitness centre, and bike room. Ideally located just steps to Lonsdale Quay, the Shipyards, SeaBus, Spirit Trail, shops, restaurants, and cafés. Includes 1 parking - 1 locker. Video: https://youtu.be/KpH3ECl8Kek - OPEN HOUSE: Saturday, November 7, 2:00-4:00 PM.

Open houses

07 Nov, 2026 (01:00 PM to 03:00 PM)

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator
Fireplace 1
Heating Type Baseboard, Hot Water
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
View Description STUNNING OCEAN AND CITY VIEWS
Roof Metal, Other
Structures Multi Family, Residential Attached

Building Details

Price $1,219,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1071
Year Built 1990
Age Of Building 36
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Sewer, Water
Building Name The Observatory
Ownership Type Freehold Strata
Maintenance Fee $820.31
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Sewer, Water
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Front Access
Total Parking Spaces 1
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® # R3180200
Area North Vancouver
Neighbourhood Lower Lonsdale
City North Vancouver
Postal Code V7M 1C3
Gross Taxes $3,778.49
Zoning MFD

Property Timeline

Status Date Price
R3180200 / Active 11-02-2026 $1,219,000
to view full Property History (2 earlier records)
Rooms
Floor Type Dimensions
Main Level Foyer 15'11 x 15'11 ft
Main Level Dining Room 16'5 x 16'5 ft
Main Level Living Room 15'11 x 15'11 ft
Main Level Kitchen 12'3 x 12'3 ft
Main Level Primary Bedroom 10'2 x 10'2 ft
Main Level Bedroom 10'7 x 10'7 ft
Main Level Patio 15'11 x 15'11 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3
Main Level No #3

Listed by: Oakwyn 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.

About the building: Observatory

120 W 2nd Street, North Vancouver

Observatory building details

Building

Built
1990
Homes
73
Construction
Concrete
Title
Freehold Strata
Strata plan
VR2771
Managed by
The Wynford Group
Parking
Visitor Parking, Garage: Underground
Lockers
Limited
Strata fee covers
Recreation FacilityManagementHot WaterHeatGardeningGarbage PickupCaretaker

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
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

52 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $1,147,079
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
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
1 DOM
Very fast
Lower Lonsdale avg
35 DOM
Average
North Vancouver avg
35 DOM
Slower market

701 120 W 2nd Street has a sell-speed score of 52/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 5.9% above comparable active properties in Lower Lonsdale. 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 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. 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

—
N/A

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

—
N/A

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 701 120 W 2nd Street

Walk Score Badge
Car-Dependent 96

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 64

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
72

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 701 120 W 2nd Street

30-year fixed
/month
Principal & Interest
Property Taxes $315
Maintenance fee 820.31
Based on a 30-year fixed at 4% interest with 20% down ($243,800), the estimated monthly payment for this listing is $5,791/month — $4,656 principal & interest, $315 property tax, $820 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 $3,508/month, this property runs a $2,335/month shortfall after mortgage and carrying costs. Break-even requires approximately 61% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 701 120 W 2nd 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 $1,219,000
North Vancouver Loading...
Lower Lonsdale Loading...

Based on 16 comparable active apartments/condos in Lower Lonsdale, the average asking price is $1,151,250. This listing is priced 5.9% above the neighbourhood average.

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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $8,034
0 of 21 missions

Sign up on Estateblock.com

$402 / 5.00%

Buy with us & save on this property

Walkability & Transit Near 701 120 W 2nd Street

Walk Score Badge
Car-Dependent 96

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 64

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
72

Bike Score - Very Bikeable

Biking is convenient for most trips

Similar Condos for Sale in Lower Lonsdale

903 151 W 2nd Street, North Vancouver, BC

$1,049,000

903 151 W 2nd Street, North Vancouver, BC
2 Beds
2 Baths
922 sqft
2005 built
MLS® R3172709, Royal LePage Sussex
308 160 W 3rd Street, North Vancouver, BC

$978,000

308 160 W 3rd Street, North Vancouver, BC
2 Beds
2 Baths
933 sqft
2008 built
MLS® R3177598, Macdonald Realty
1404 155 W 1st Street, North Vancouver, BC 7.0% price reduction

$1,188,000

1404 155 W 1st Street, North Vancouver, BC
2 Beds
2 Baths
969 sqft
2004 built
MLS® R3165322, The Partners Real Estate
712 175 W 1st Street, North Vancouver, BC

$1,089,000

712 175 W 1st Street, North Vancouver, BC
2 Beds
2 Baths
1050 sqft
2004 built
MLS® R3175173, Macdonald Realty
1503 138 E Esplanade Avenue, North Vancouver, BC

$1,368,000

1503 138 E Esplanade Avenue, North Vancouver, BC
2 Beds
2 Baths
1001 sqft
2007 built
MLS® R3124346, Royal LePage Sussex
806 118 Carrie Cates Court, North Vancouver, BC

$1,125,000

806 118 Carrie Cates Court, North Vancouver, BC
2 Beds
2 Baths
843 sqft
2019 built
MLS® R3177482, FaithWilson Christies International Real Estate
504 118 Carrie Cates Court, North Vancouver, BC

$1,238,000

504 118 Carrie Cates Court, North Vancouver, BC
2 Beds
2 Baths
882 sqft
2019 built
MLS® R3164554, Sutton Group - 1st West Realty
1003 133 E Esplanade, North Vancouver, BC

$1,288,888

1003 133 E Esplanade, North Vancouver, BC
2 Beds
2 Baths
1091 sqft
2009 built
MLS® R3149464, Team 3000 Realty Ltd.
806 168 E Esplanade Avenue, North Vancouver, BC

$1,299,998

806 168 E Esplanade Avenue, North Vancouver, BC
3 Beds
2 Baths
1131 sqft
2007 built
MLS® R3178010, 88West Realty
703 175 Victory Ship Way, North Vancouver, BC

$1,389,000

703 175 Victory Ship Way, North Vancouver, BC
2 Beds
2 Baths
1152 sqft
2019 built
MLS® R3127511, Unilife Realty Inc.
102 123 E Keith Road, North Vancouver, BC

$1,198,000

102 123 E Keith Road, North Vancouver, BC
2 Beds
2 Baths
1250 sqft
1990 built
MLS® R3177992, eXp Realty
204 175 Victory Ship Way, North Vancouver, BC

$1,249,000

204 175 Victory Ship Way, North Vancouver, BC
2 Beds
2 Baths
1144 sqft
2018 built
MLS® R3167986, RE/MAX Masters Realty

Recently Sold Homes Near 701 120 W 2nd Street

205 4685 Valley Drive, Vancouver, BC, Vancouver — Apartment/Condo for sale
205 4685 Valley Drive, Vancouver, BC, Vancouver — Apartment/Condo for sale
205 4685 Valley Drive, Vancouver, BC, Vancouver — Apartment/Condo for sale
205 4685 Valley Drive, Vancouver, BC, Vancouver — Apartment/Condo for sale
205 4685 Valley Drive, Vancouver, BC, Vancouver — Apartment/Condo for sale
Sold

205 4685 Valley Drive, Vancouver, BC

2 Beds
2 Baths
1072 sqft
2003 built
MLS® R2948972, Multiple Realty Ltd.
1205 1288 Alberni Street, Vancouver, BC, Vancouver — Apartment/Condo for sale
1205 1288 Alberni Street, Vancouver, BC, Vancouver — Apartment/Condo for sale
1205 1288 Alberni Street, Vancouver, BC, Vancouver — Apartment/Condo for sale
1205 1288 Alberni Street, Vancouver, BC, Vancouver — Apartment/Condo for sale
1205 1288 Alberni Street, Vancouver, BC, Vancouver — Apartment/Condo for sale
Sold

1205 1288 Alberni Street, Vancouver, BC

2 Beds
2 Baths
906 sqft
1996 built
MLS® R2916580, Macdonald Realty Westmar
601 1228 Marinaside Crescent, Vancouver, BC, Vancouver — Apartment/Condo for sale
601 1228 Marinaside Crescent, Vancouver, BC, Vancouver — Apartment/Condo for sale
601 1228 Marinaside Crescent, Vancouver, BC, Vancouver — Apartment/Condo for sale
601 1228 Marinaside Crescent, Vancouver, BC, Vancouver — Apartment/Condo for sale
601 1228 Marinaside Crescent, Vancouver, BC, Vancouver — Apartment/Condo for sale
Sold

601 1228 Marinaside Crescent, Vancouver, BC

2 Beds
2 Baths
1058 sqft
1997 built
MLS® R2939914, Oakwyn Realty Ltd.
1602 1050 Burrard Street, Vancouver, BC, Vancouver — Apartment/Condo for sale
1602 1050 Burrard Street, Vancouver, BC, Vancouver — Apartment/Condo for sale
1602 1050 Burrard Street, Vancouver, BC, Vancouver — Apartment/Condo for sale
1602 1050 Burrard Street, Vancouver, BC, Vancouver — Apartment/Condo for sale
1602 1050 Burrard Street, Vancouver, BC, Vancouver — Apartment/Condo for sale
Sold

1602 1050 Burrard Street, Vancouver, BC

1 Beds
1 Baths
641 sqft
1994 built
MLS® R2957198, Oakwyn Realty Ltd.
1607 1060 Alberni Street, Vancouver, BC, Vancouver — Apartment/Condo for sale
1607 1060 Alberni Street, Vancouver, BC, Vancouver — Apartment/Condo for sale
1607 1060 Alberni Street, Vancouver, BC, Vancouver — Apartment/Condo for sale
1607 1060 Alberni Street, Vancouver, BC, Vancouver — Apartment/Condo for sale
1607 1060 Alberni Street, Vancouver, BC, Vancouver — Apartment/Condo for sale
Sold

1607 1060 Alberni Street, Vancouver, BC

2 Beds
1 Baths
880 sqft
1988 built
MLS® R2944983, Oakwyn Realty Ltd.
3210 939 Homer Street, Vancouver, BC, Vancouver — Apartment/Condo for sale
3210 939 Homer Street, Vancouver, BC, Vancouver — Apartment/Condo for sale
3210 939 Homer Street, Vancouver, BC, Vancouver — Apartment/Condo for sale
3210 939 Homer Street, Vancouver, BC, Vancouver — Apartment/Condo for sale
3210 939 Homer Street, Vancouver, BC, Vancouver — Apartment/Condo for sale
Sold

3210 939 Homer Street, Vancouver, BC

1 Beds
1 Baths
450 sqft
1997 built
MLS® R2935313, LDG Realty