401 122 E 3rd St, North Vancouver BC - Apartment/Condo for Sale - MLS# R3134027

$799,000
Est. Mortgage $3,535/mo
Sausalito
2 Beds
2 Baths
904 sqft
884 $ /sqft
611.12 $ Maint. fee
2006 built
$799,000
Est. $3,535/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 401 122 E 3rd Street

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!

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, Electric, Natural Gas
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features No Outdoor Area
View Description Water & City Views
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

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

Lot & Land

MLS® # R3134027
Area North Vancouver
Neighbourhood Lower Lonsdale
City North Vancouver
Postal Code V7L 1E6
Gross Taxes $3,067.21
Zoning MF

Property Timeline

Status Date Price
R3134027 / Active 06-09-2026 $799,000
R3122864 / Terminated 05-12-2026 $799,000
R3114775 / Terminated 04-22-2026 $849,000
Rooms
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
Bathrooms
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.

Map & Neighbourhood

Private Schools

Elementary, Secondary
St. Alcuin College for the Liberal Arts
Above Average
0.68 km
8.1/10
Secondary
St. Thomas Aquinas
Below Average
0.56 km
2.9/10

Closest Transit

Bus Stop
Eastbound E 3rd St @ Lonsdale Ave
0.05 km
Skytrain
Seabus Station @ Lonsdale Quay
0.63 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average
38%
No Certificate/Degree
Below Average
5.7%
Owner Occupied
Below Average
54.3%
Employment Rate
Below Average
40.9%

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

73 / 100
Overall sell-speed score
Likely within weeks
B+
Price competition grade
Avg comparable: $868,992
Seller's
Market conditions
Seller's market — high demand area
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.63 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
30 DOM
Average
Lower Lonsdale avg
38 DOM
Average
North Vancouver avg
38 DOM
Slower market

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.

Climate Risk for V7L 1E6

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).

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 (~1.3 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 401 122 E 3rd Street

Walkability & Transit Near 401 122 E 3rd Street

Walk Score Badge
Car-Dependent 95

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 63

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 401 122 E 3rd Street

/month
Principal & Interest
Property Taxes $256
Maintenance fee 611.12
Based on a 30-year fixed at 4% interest with 20% down ($159,800), the estimated monthly payment for this listing is $3,919/month — $3,052 principal & interest, $256 property tax, $611 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
At an estimated rental income of $2,760/month, this property runs a $1,209/month shortfall after mortgage and carrying costs. Break-even requires approximately 52% 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 $799,000
North Vancouver Loading...
Lower Lonsdale Loading...

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.

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 401 122 E 3rd Street

Walk Score Badge
Car-Dependent 95

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 63

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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