2901 120 W 2nd Street — North Vancouver


$ 3,250,000 FOR SALE MLS# R3109275
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Indulge in unparalleled luxury with this penthouse at the Observatory. Floor-to-ceiling windows offer sweeping city and harbour views. This extensively renovated 2328 SF home spans four levels and features over 1500 SF of outdoor terraces. Highlights include a gourmet kitchen with a butler’s pantry, 12-foot ceilings, custom built-ins throughout, and four private outdoor spaces. The layout has two bedrooms on lower level and a top-floor master suite with a walk-in closet and spa-like en-suite. Enjoy vibrant Lower Lonsdale living with shops, restaurants, and entertainment at your doorstep. Includes 3 parking spots, ample storage, plus stunning gardens, a fitness centre, and a pool—it’s like living in a resort!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms3
Bathrooms3
Living Area2,328 sqft
Property TypeResidential – Apartment/Condo
Style4 Level Split, Penthouse
MLS® R3109275
StatusActive
Listing BrokerRennie & Associates Realty Ltd.

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
Mmm 00, 0000 R0000000 $0,000,000 Price change
Mmm 00, 0000 R0000000 $0,000,000 Sold
Mmm 00, 0000 R0000000 $0,000,000 Listed
Mmm 00, 0000 R0000000 $0,000,000 Price change
Mmm 00, 0000 R0000000 $0,000,000 Sold
9 events on record for this property

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Market Overview

Lower Lonsdale · North Vancouver · Condos

Active PropertiesAll ActiveThis Property
Condos115
Median Asking Price $ 799,900 $ 3,250,000
Median Price per SqFt $979 $1,396
Median Days on Market 43
Sold Properties Aug 2026Jul 2026Aug 2025
Condos 1 ▼94.7% 1 19
Median Selling Price $ 580,000 ▼13.0% $ 1,319,000 $ 666,500
Median Price per SqFt $861 ▼4.7% $1,105 $903
Median Days on Market 13617
Median Discount Off Ask 3.3%0.0%2.3%
New Listings 22416
Months of Inventory 9.6

At the current sales pace, it would take about 10 months to sell all the homes currently for sale here — a Buyer's market.

SELLER'S
BALANCED
BUYER'S

More homes are for sale than there are buyers, so buyers tend to have more choice and more room to negotiate on price.

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.