2601 120 W 2nd St, North Vancouver BC - Apartment/Condo for Sale - MLS# R3131307

$1,499,000
Est. Mortgage $6,632/mo
Observatory
2 Beds
2 Baths
1071 sqft
1400 $ /sqft
812.8 $ Maint. fee
1990 built
$1,499,000
Est. $6,632/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

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Property Details for 2601 120 W 2nd Street

SKY-HIGH LUXURY IN LOWER LONSDALE! Perched on the 26th floor of the area's tallest tower, this nearly 1,100 sq ft masterpiece offers views that simply cannot be topped. Step onto your private patio and get lost in a 270-degree panorama—from Mount Baker and the city skyline to the open waters of the Gulf Islands. This thoughtful renovation features a wide-open kitchen and living area designed specifically to pull those stunning views into every corner of the home, including the spa-like ensuite with therapeutic jetted Bath. You’ve got a proper entry foyer, an actual laundry room, and two side-by-side parking stalls (best location, beside lobby entrance). Outdoor pool, Gym and a refreshed lobby exit to the Shipyards’ best coffee and grocery.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating Type Baseboard
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description Full South Burrard Inlet
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $1,499,000
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 Exercise Centre, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Sewer
Building Name Observatory
Ownership Type Freehold Strata
Maintenance Fee $812.8
Amenities Nearby Exercise Centre, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Sewer
Utility Type Electricity Connected
Utility Sewer Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground
Total Parking Spaces 2
Strata Restrictions Pets Allowed,Rentals Allowed
Pet Restrictions Yes
Units In Development 73

Lot & Land

MLS® # R3131307
Area North Vancouver
Neighbourhood Lower Lonsdale
City North Vancouver
Postal Code V7M 1C3
Gross Taxes $4,278.47
Zoning MULTI

Property Timeline

Status Date Price
R3131307 / Active 06-02-2026 $1,499,000
R3098936 / Terminated 03-11-2026 $1,649,000
Rooms
Floor Type Dimensions
Main Level Dining Room 20'1 x 20'1 ft
Main Level Bedroom 12'1 x 12'1 ft
Main Level Primary Bedroom 12'4 x 12'4 ft
Main Level Kitchen 7'7 x 7'7 ft
Main Level Foyer 7'1 x 7'1 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #3

Listed by: Oakwyn Realty Ltd. & Stilhavn Real Estate Services

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
0.48 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
D
Price competition grade
Avg comparable: $798,967
Seller's
Market conditions
Seller's market — high demand area
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.48 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

2601 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 46.7% above comparable active properties in Lower Lonsdale. 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 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 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 2601 120 W 2nd Street

Walkability & Transit Near 2601 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 2601 120 W 2nd Street

/month
Principal & Interest
Property Taxes $357
Maintenance fee 812.8
A 20% down payment of $299,800 on this $1,499,000 listing yields an estimated mortgage of $5,725/month (30-year fixed, 4%). Total estimated housing cost: $6,895/month, $357 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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $4,314/month in estimated rental income against $6,959/month in mortgage payments, the monthly cashflow is -$2,645/month. A 57% down payment would reach break-even.
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 $1,499,000
North Vancouver Loading...
Lower Lonsdale Loading...

Based on 16 comparable active apartments/condos in Lower Lonsdale, the average asking price is $1,296,542. This listing is priced 15.6% 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 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

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Walkability & Transit Near 2601 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

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