Home North Vancouver, BC Lower Lonsdale Observatory 701 120 W 2nd Street

701 120 W 2nd St, North Vancouver BC - Apartment/Condo for Sale - MLS# R3162100

4 days on the market

$1,249,000

Est. Mortgage $5,526/mo

Listing updated: Sep 8, 2026 at 03:29pm

EstateBlock checked: Sep 11, 2026 at 07:45pm

The Observatory

2 Beds

2 Baths

1071 sqft

1166 $ /sqft

812.8 $ Maint. fee

1990 built

NEW OPEN HOUSE

4 days on the market

$1,249,000

Est. $5,526/mo with 20% down

Listing updated: Sep 8, 2026 at 03:29pm

EstateBlock checked: Sep 11, 2026 at 07:45pm

Photos

Exterior Front Photo of 701 120 W 2nd Street, North Vancouver, BC

Exterior Rear Photo of 701 120 W 2nd Street, North Vancouver, BC

Living Room Photo of 701 120 W 2nd Street, North Vancouver, BC

Family Room Photo of 701 120 W 2nd Street, North Vancouver, BC

Dining Area Photo of 701 120 W 2nd Street, North Vancouver, BC

Kitchen Photo of 701 120 W 2nd Street, North Vancouver, BC

Kitchen Island Photo of 701 120 W 2nd Street, North Vancouver, BC

Pantry Photo of 701 120 W 2nd Street, North Vancouver, BC

Breakfast Nook Photo of 701 120 W 2nd Street, North Vancouver, BC

Primary Bedroom Photo of 701 120 W 2nd Street, North Vancouver, BC

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: Sat, Sept. 12 | 2–4 PM & Sun, Sept. 13 | 10:30 AM–12:30 PM.

Open houses

12 Sep, 2026 (01:00 PM to 03:00 PM)

13 Sep, 2026 (09:30 AM to 11:30 AM)

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	$1,249,000
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	$812.8
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^® #	R3162100
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
R3162100 / Active	09-08-2026	$1,249,000
to view full Property History (1 earlier record)

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.

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

48 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $1,086,630

Balanced

Market conditions

Balanced market — steady conditions

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

35 DOM

Average

North Vancouver avg

35 DOM

Slower market

701 120 W 2nd Street has a sell-speed score of 48/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 13% 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 (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 701 120 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 701 120 W 2nd Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $315

Maintenance fee 812.8

Financing 80% of the $1,249,000 asking price over 30 years at 4% results in approximately $5,898/month in total estimated carrying costs, $315 property tax, $813 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 8, 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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Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

This listing generates an estimated $3,595/month in rental income, leaving a -$2,357/month cashflow at current carrying costs. Investors targeting break-even would need roughly 60% 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

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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.