406 123 W 1st Street — North Vancouver


$ 3,995 FOR RENT MLS# R3126254
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Avail June 1/26 Min 1 Year Term Unfurnished Sorry No Pets 2 Secure Parking Incl 1 Storage Locker Incl Professionally Placed by Hello Rent Welcome to First Street West in the heart of Lower Lonsdale. This rarely available corner unit offers 2 bdrms, 2 baths, and over 1,000 sq.ft. of bright open living with stunning water and mountain views from the private balcony. The gourmet kitchen features a gas range, stainless steel fridge, integrated dishwasher, built-in microwave, and custom island with wine cooler. Side-by-side washer and dryer, abundant closet space, 2 side-by-side parking stalls, and storage locker. Enjoy a rooftop patio with panoramic views. Near Lonsdale Quay, The Shipyards, SeaBus, shops, dining, and waterfront trails. Tenant insurance is required at move-in. Move-in Fee $200.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms2
Bathrooms2
Living Area1,060 sqft
Property TypeResidential Lease – Apartment/Condo
MLS® R3126254
StatusRented
Listing BrokerRoyal LePage Sussex

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed

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Market Overview

Lower Lonsdale · North Vancouver · Condos

Active PropertiesAll ActiveThis Property
Condos143
Median Asking Price $ 779,000 $ 3,995
Median Price per SqFt $975 $4
Median Days on Market 56
Sold Properties Sep 2026Aug 2026Sep 2025
Condos 2 ▼90.5% 29 21
Median Selling Price $ 1,019,944 ▲38.8% $ 765,000 $ 735,000
Median Price per SqFt $1,039 ▲22.2% $895 $850
Median Days on Market 751422
Median Discount Off Ask 9.0%3.6%4.3%
New Listings 13830
Months of Inventory 5.4

At the current sales pace, it would take about 5 months to sell all the homes currently for sale here — a Balanced market.

SELLER'S
BALANCED
BUYER'S

Homes for sale and active buyers are fairly evenly matched, so neither side has a clear advantage.

What's this?

Months of inventory = the number of homes currently for sale ÷ the average number sold per month recently. As a rule of thumb, under 5 months favours sellers, 5–8 is balanced, and over 8 favours buyers.

Lower Lonsdale: Number of Sales

Lower Lonsdale: Median Sold Price

Lower Lonsdale: Median Sold Price per SqFt

Aggregate market statistics from the MLS® for Lower Lonsdale. Figures are medians and may reflect small sample sizes in a single neighbourhood. Not an appraisal — ask a team member to verify.