Indulge in unparalleled luxury with this penthouse at the Observatory. Floor-to-ceiling windows offer sweeping city and harbour views. This extensively renovated 2328 SF home spans four levels and features over 1500 SF of outdoor terraces. Highlights include a gourmet kitchen with a butler’s pantry, 12-foot ceilings, custom built-ins throughout, and four private outdoor spaces. The layout has two bedrooms on lower level and a top-floor master suite with a walk-in closet and spa-like en-suite. Enjoy vibrant Lower Lonsdale living with shops, restaurants, and entertainment at your doorstep. Includes 3 parking spots, ample storage, plus stunning gardens, a fitness centre, and a pool—it’s like living in a resort!
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Interior Features | Elevator |
| Fireplace | 2 |
| Heating Type | Baseboard, Hot Water |
| Cooling | Central Air |
| # of Kitchens | 1 |
| Flooring | Hardwood, Tile |
| Foundation | Concrete Perimeter |
| Exterior Features | Garden, Balcony |
|---|---|
| View Description | PANORAMIC OCEAN, CITY & MTNS |
| Roof | Metal, Other |
| Structures | Multi Family, Residential Attached |
| Price | $3,250,000 |
|---|---|
| Total Bedrooms | 3 |
| Total Bathrooms | 3 |
| Full Bathrooms | 3 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 2328 |
| Year Built | 1990 |
| Age Of Building | 36 |
| Building Type | Apartment/Condo |
| Property Type | Residential |
| Architecture Style | 4 Level Split, Penthouse |
| Stories | 4 |
| Building Amenities | Bike Room, Exercise Centre, Caretaker, Maintenance Grounds, Gas, Heat, Management, Recreation Facilities, Sewer |
| Building Name | The Observatory |
| Ownership Type | Freehold Strata |
| Maintenance Fee | $1,729.52 |
| Community Features | Shopping Nearby |
| Amenities Nearby | Bike Room, Exercise Centre, Caretaker, Maintenance Grounds, Gas, Heat, Management, Recreation Facilities, Sewer |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Garage Triple, Underground, Front Access |
| Total Parking Spaces | 3 |
| 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 Size Depth | Feet |
|---|---|
| MLS® # | R3109275 |
| Area | North Vancouver |
| Neighbourhood | Lower Lonsdale |
| City | North Vancouver |
| Postal Code | V7M 1C3 |
| Gross Taxes | $11,595.29 |
| Zoning | MFD |
| Status | Date | Price |
|---|---|---|
| R3109275 / Active | 04-08-2026 | $3,250,000 |
| R3095038 / Terminated | 03-02-2026 | $3,450,000 |
| R3084757 / Terminated | 01-29-2026 | $3,600,000 |
| R3063030 / Terminated | 10-29-2025 | $3,750,000 |
| R3042571 / Terminated | 09-02-2025 | $3,800,000 |
| R3010574 / Terminated | 06-02-2025 | $3,800,000 |
| R2986415 / Terminated | 04-04-2025 | $3,988,000 |
| R2972643 / Terminated | 03-03-2025 | $4,200,000 |
| R2923629 / Terminated | 09-09-2024 | $4,200,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Below | Foyer | 9'7 x 9'7 ft |
| Below | Storage | 5'11 x 5'11 ft |
| Below | Bedroom | 12'3 x 12'3 ft |
| Below | Bedroom | 12'3 x 12'3 ft |
| Below | Living Room | 22'2 x 22'2 ft |
| Below | Patio | 14'4 x 14'4 ft |
| Below | Patio | 26'11 x 26'11 ft |
| Main Level | Dining Room | 14'8 x 14'8 ft |
| Main Level | Pantry | 6'0 x 6'0 ft |
| Main Level | Kitchen | 18'7 x 18'7 ft |
| Main Level | Butlers Pantry | 9'8 x 9'8 ft |
| Above Level | Primary Bedroom | 15'5 x 15'5 ft |
| Above Level | Laundry | 6'3 x 6'3 ft |
| Above Level | Walk-In Closet | 10'8 x 10'8 ft |
| Above Level | Patio | 24'5 x 24'5 ft |
| Above Level | Patio | 11'8 x 11'8 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Below | No | #3 |
| Below | Yes | #3 |
| Above Level | Yes | #4 |
Listed by: Rennie & Associates 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.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
2901 120 W 2nd 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.
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).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
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.
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.
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.
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.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Schools Near 2901 120 W 2nd Street | |||||
Comparable data is unavailable at the neighbourhood level. City-wide in North Vancouver, similar apartments/condos average $2,026,667 across 3 active listings — this listing is 60.4% above the North Vancouver average.
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