1505 E 111 13th Street, North Vancouver

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$3,995

1505 E 111 13th Street

Central Lonsdale, North Vancouver, BC, V7L 2L3

2 | 2 | 2 | 980 sq.ft. |

Avail Dec 1/25 Min 1 Year Term Unfurnished No Pets 2 Secure Parking Spaces - EV Avail 1 Storage Locker Incl Professionally Managed by Hello Rent Step into this spectacular penthouse and be captivated by stunning panoramic views. The Prescott sits in the heart of Lonsdale, the center of activity, shopping, and amenities. Enjoy an open living space with North Shore Mountain or Inner Harbour views, and bedrooms on opposite sides for privacy. A gourmet kitchen with quality appliances and a massive 450 sq/ft patio make this home perfect for relaxing or entertaining. Enjoy the gym with weights and cardio equipment. Near shops, dining, Shipyards, and a quick SeaBus ride to Downtown Vancouver. Tenant Insurance required at move-in. Move-in Fee $200 payable to EPS1871 Restrictive Move-In Procedures.

Property Info

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MLS®: R3064214

Listing Courtesy of Royal LePage Sussex

Total Bedrooms 2

Total Bathrooms 2

Floor Space 980 sq.ft.

Date Listed XXXX-XX-XX

Property Type Condo

Listed Price $3,995

Strata Fee $0.00

Interior Features

More Details

Floor Space Finished 0.00 sq.ft.

Rules No, No Cats, No Dogs

Out Door Area XXXXXXXXXX

Parking Total 2

Summary

Location and General Information

MLS Area Major: North Vancouver
Street Name: 13th
City: North Vancouver
State Or Province: BC
Postal Code: V7L 2L3
Property Type: Residential Lease
Property Sub Type: Apartment/Condo

Interior and Exterior Features

Interior Features

Interior Features: Storage

Exterior Features

Exterior Features: Balcony

Property

Utilities

Property and Assessments

Building Area Total: 980
Living Area: 980

Lot Information

Sold History

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City Introduction

Overview of North Vancouver, BC, Canada

Population

North Vancouver is an important city in the Greater Vancouver region of British Columbia, with a population of approximately 170,000 (2024). North Vancouver is a multicultural city, primarily composed of white residents, with significant Chinese and South Asian communities. The city has a moderate population density and a friendly community atmosphere with a strong sense of belonging.

Economy

Key Industries: High-tech, film production, retail, and education. North Vancouver is home to several high-tech parks and film studios, making it a key economic hub in Western Canada.
Commercial Centers: Lonsdale Quay Market and Edgemont Village are the main commercial areas, offering a variety of retail shops and dining options.
Educational Resources: North Vancouver boasts numerous high-quality public and private schools, attracting many families to settle in the area.

Living Features

Natural Environment: North Vancouver is renowned for its stunning natural landscapes, including Mount Capilano and Lynn Canyon, ideal for outdoor activities.
Transportation: North Vancouver is well-connected to downtown Vancouver via SkyTrain and bus systems, with a commute time of about 30 minutes.
Multiculturalism: The city's diverse communities and cultural events make it an inclusive and vibrant place to live.

Real Estate Investment

Prices: North Vancouver's housing prices are relatively moderate compared to Vancouver, with detached homes averaging $2 million CAD and condos around $800,000 CAD (2024).

Opportunities:

Stable rental market: North Vancouver's universities and job opportunities attract a steady stream of renters, ensuring high rental yields.
Long-term growth potential: Proximity to downtown Vancouver and ongoing infrastructure projects support sustained property value growth.

Risks:

Foreign buyer taxes (20%) and vacancy taxes may increase investment costs.
Rapid price increases in some areas require careful timing for investments.

Verdict

North Vancouver is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include Lonsdale and Edgemont Village, while properties near SkyTrain stations are attractive for investors.

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