Located in the heart of Lower Lonsdale, this bright and spacious 2 bedroom, 2 bathroom home offers an exceptional blend of comfort and lifestyle. The open-concept design creates a seamless flow throughout the living space, enhanced by large windows framing beautiful water views. The bedrooms are intelligently positioned on opposite sides of the home, offering enhanced privacy, including a generous primary suite with its own ensuite bathroom. Two secure parking stalls provide a rare convenience in this sought-after location. Just steps from the Shipyards, waterfront living, and a vibrant selection of restaurants, cafés, and shops, this home delivers unmatched walkability in one of North Vancouver’s most desirable neighbourhoods. Listed $126,000 below assessed value!
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Interior Features | Elevator |
| Fireplace | 1 |
| Heating Type | Baseboard, Electric, Natural Gas |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Laminate, Mixed |
| Foundation | Concrete Perimeter |
| Exterior Features | No Outdoor Area |
|---|---|
| View Description | Water & City Views |
| Roof | Torch-On |
| Structures | Multi Family, Residential Attached |
| Price | $799,000 |
|---|---|
| Total Bedrooms | 2 |
| Total Bathrooms | 2 |
| Full Bathrooms | 1 |
| Half Bathrooms | 1 |
| Floor Area Total (sqft) | 904 |
| Year Built | 2006 |
| Age Of Building | 20 |
| Building Type | Apartment/Condo |
| Property Type | Residential |
| Stories | 1 |
| Building Amenities | Bike Room, Trash, Maintenance Grounds, Gas, Hot Water, Management |
| Building Name | Sausalito |
| Ownership Type | Freehold Strata |
| Maintenance Fee | $611.12 |
| Community Features | Shopping Nearby |
| Amenities Nearby | Bike Room, Trash, Maintenance Grounds, Gas, Hot Water, Management |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Underground, Guest, Lane Access, Side Access |
| Total Parking Spaces | 2 |
| Strata Restrictions | Pets Allowed w/Rest.,Rentals Allwd w/Restrctns |
| Pet Restrictions | Yes With Restrictions |
| Units In Development | 46 |
| MLS® # | R3134027 |
|---|---|
| Area | North Vancouver |
| Neighbourhood | Lower Lonsdale |
| City | North Vancouver |
| Postal Code | V7L 1E6 |
| Gross Taxes | $3,067.21 |
| Zoning | MF |
| Status | Date | Price |
|---|---|---|
| R3134027 / Active | 06-09-2026 | $799,000 |
| R3122864 / Terminated | 05-12-2026 | $799,000 |
| R3114775 / Terminated | 04-22-2026 | $849,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Foyer | 4'7 x 4'7 ft |
| Main Level | Living Room | 16'4 x 16'4 ft |
| Main Level | Kitchen | 14'11 x 14'11 ft |
| Main Level | Office | 9'5 x 9'5 ft |
| Main Level | Primary Bedroom | 9'11 x 9'11 ft |
| Main Level | Bedroom | 9'10 x 9'10 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #2 |
| Main Level | Yes | #4 |
Listed by: Behroyan & Associates 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.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
401 122 E 3rd Street has a sell-speed score of 73/100, placing it in the "Expected to sell within weeks" band. The listing is priced 8.8% below comparable active properties in Lower Lonsdale, which is a strong competitive signal. 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 V7L 1E6, 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 (~1.3 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 401 122 E 3rd Street | |||||
Based on 20 comparable active apartments/condos in Lower Lonsdale, the average asking price is $921,179. This listing is priced 13.3% below the neighbourhood average.
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