Spotlight: 5 New North Shore Apartment Listings

June 17, 2017 | On The Market | By Matt Council

North Shore apartment inventory continues to creep down as we approach the summer months; this kind of activity is expected as per seasonality cycles. There were 39 new listings this past week (32 NV/7 WV), bringing total inventory to 151 (99 NV/32 WV) - BUT, of these 39 new listings 14 (36%) are pre-sale listings, resulting in an even tighter affordable resale market.  Of thew new listings this week, only 7 are being offered under $500,000, with 10 being offered over $1,000,000 - continuing to squeeze the entry level market.

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Check out our pick of 5 new North Shore apartments below.

The First Time Home Buyer

Whenever a unit becomes available in Lower Lonsdale's Encore building, I like to bring attention to it.  Built in 1981, there is still some decent value here as the building has been significantly updated, adding piece of mind to your purchase.  This 1-bed, 1-bath unit is a corner unit and south facing (bonus: no rental restrictions).

204-251 West 4th Street, Lower Lonsdale, North Vancouver

1 Bed / 1 Bath, 631 sq/ft / Listed at $438,800 // Learn more here >>

The  Young Family

This 2-bed, 2-bath home in Lower Lonsdale is the most affordable listing this week, and features a great outdoor space.  Close to all Lower Lonsdale has to offer, the 1,000 sq/ft patio is a great compromise for those enjoying the apartment lifestyle but wanting some extra space for themselves.

104-330 West 2nd Street, Lower Lonsdale, North Vancouver

2 Bed / 2 Bath, 900 sq/ft / Listed at $535,000 // Learn more here >>

The Downsizer

The Mount Seymour area continues to impress with large living spaces for the downsizer looking to make a move to an apartment.  This 2-bed, 2-bath is almost 1,300 sq/ft in size, featuring large rooms to bring your house sized furniture.  Featuring a 315 sq/ft living room w/ gas fireplace and a large private patio great for entertaining.

309-1000 Bowron Court, Roche Point, North Vancouver

2 Bed / 2 Bath, 1,283 sq/ft / Listed at $619,000 // Learn more here >>

The Investor

This 1-bed, 1-bath home at 137 East 5th Street has no rental restrictions. Tastefully updated w/ stainless steel appliances and in-suite laundry, this property should provide the oppportunity for some great rental income.

5-137 East 5th Street, Lower Lonsdale, North Vancouver

1 Bed / 1 Bath, 623 sq/ft / Listed at $399,900 // Learn more here >>

The Cream

Since we've already featured three Lower Lonsdale apartments this week, let's make it four.  This beautifully renovated apartment in my favourite Lower Lonsdale high-rise, the Sky, offers stunning views from the 17th floor. Featuring brushed oak flooring, waterfall quartz countertops and stainless steel appliances in the kitchen, and 2 walk out patios to take in the views.  A beautiful home in the heart of the city, close to all Lower Lonsdale amenities.

1703-151 West 2nd Street, Lower Lonsdale, West Vancouver

2 Bed / 3 Bath, 1,548 sq/ft / Listed at $3,198,000 // Learn more here >>

Listing Offices: 1. Century 21 In Town / 2. Royal LePage Sussex / 3. Team 3000 Realty / 4. Royal Lepage Sussex / 5. VPG Realt

* Title Picture: 1703-151 W 2nd Street - VPG Realty


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