103/203 422 E 3rd St, North Vancouver BC - Apartment/Condo for Sale - MLS# R3132893

$1,667,000
Est. Mortgage $7,375/mo
Innova
1 Beds
2 Baths
1212 sqft
1375 $ /sqft
533.28 $ Maint. fee
2025 built
OPEN HOUSE
$1,667,000
Est. $7,375/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 103/203 422 E 3rd Street

Rare opportunity to own a 1,221 SQ.FT. live/work unit in the highly sought-after Innova building in the heart of Lower Lonsdale. This versatile space features a professionally finished lower level and is ideal for office, studio, showroom, wellness, consulting, or other creative business uses. Showcasing modern industrial design, soaring ceilings, excellent street presence, and solid concrete construction, this unit offers exceptional flexibility for both owner-users and investors. Owners enjoy access to a massive rooftop terrace with stunning city, mountain, and water views. Just steps from the Shipyards, Seabus, restaurants, breweries, shopping, and all the amenities Lower Lonsdale has to offer. A rare opportunity in one of North Vancouver's most vibrant communities. July 8th, 11 to 1pm

Open houses

08 Jul, 2026 (10:00 AM to 12:00 PM)

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Interior Features Elevator
Heating Type Forced Air
Cooling Central Air
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
View Description City and water
Roof Concrete
Structures Multi Family, Residential Attached

Building Details

Price $1,667,000
Total Bedrooms 1
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1212
Year Built 2025
Age Of Building 1
Building Type Apartment/Condo
Property Type Residential
Architecture Style Live/Work Studio
Stories 2
Building Amenities Caretaker, Trash, Management
Building Name Innova
Ownership Type Freehold Strata
Maintenance Fee $533.28
Amenities Nearby Caretaker, Trash, Management
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Under Building
Total Parking Spaces 1
Strata Restrictions Pets Allowed,Rentals Allowed,Smoking Restrictions
Pet Restrictions Yes
Units In Development 172

Lot & Land

Lot Size Depth Feet
MLS® # R3132893
Area North Vancouver
Neighbourhood Lower Lonsdale
City North Vancouver
Postal Code V7L 0K1
Gross Taxes 0
Zoning CD-730

Property Timeline

Status Date Price
R3132893 / Active 06-03-2026 $1,667,000
Rooms
Floor Type Dimensions
Main Level Other 12' x 12' ft
Above Level Living Room 12' x 12' ft
Above Level Kitchen 10' x 10' ft
Above Level Foyer 12' x 12' ft
Above Level Primary Bedroom 7' x 7' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Above Level No #3

Listed by: RE/MAX Elevate Realty & RE/MAX Elevate 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

68 / 100
Overall sell-speed score
Likely within weeks
Price competition grade
No comparable data
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
37 DOM
Average
Lower Lonsdale avg
38 DOM
Average
North Vancouver avg
38 DOM
Slower market

103/203 422 E 3rd Street has a sell-speed score of 68/100, placing it in the "Expected to sell within weeks" band. The listing is has limited comparable pricing data available. The local market is currently a Seller's Market with a sales-to-active ratio of 29.3% and an area average of 38 days on market — buyers are active. With only 246 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 days 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

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 103/203 422 E 3rd Street

Walkability & Transit Near 103/203 422 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 103/203 422 E 3rd Street

/month
Principal & Interest
Property Taxes $0
Maintenance fee 533.28
Financing 80% of the $1,667,000 asking price over 30 years at 4% results in approximately $6,900/month in total estimated carrying costs, $533 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
This listing generates an estimated $4,158/month in rental income, leaving a -$2,797/month cashflow at current carrying costs. Investors targeting break-even would need roughly 56% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Lower Lonsdale, North Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $1,667,000
North Vancouver Loading...
Lower Lonsdale Loading...

No active comparable properties are currently available for this property type in North Vancouver. The price evaluation chart will update as similar listings enter the market.

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

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $10,610
0 of 38 missions

Sign up on Estateblock.com

$531 / 5.00%

Sign up on EstateBlock.com

$212 / 2.00%

Buy with us & save on this property

Walkability & Transit Near 103/203 422 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

Similar Condos for Sale in Lower Lonsdale

Recently Sold Homes Near 103/203 422 E 3rd Street