North Vancouver · north shore

2 Bedroom Apartment for Rent in North Vancouver

$2,000 / month

A two-bedroom in North Vancouver, asking $2,000 a month. The listing mentions basement suite. It leaves 4 obvious questions unanswered, starting with: is parking included or extra?

That is $1,100 below the middle of the 211 comparable rentals we are tracking in North Vancouver, where most ask between $2,600 and $3,650.

The details

Rent$2,000
Bedrooms2
Size
FloorNot stated
ExposureNot stated
LaundryNot stated
ParkingNot stated
Property typeNot stated
AvailableNot stated
AreaNorth Vancouver

Highlights

Basement suite

Ask before you view

The advertisement doesn’t say, and it matters:

  • Which way does it face?
  • Is parking included or extra?
  • Are pets allowed?
  • When is it available?

Roughly where it is

Approximate — listings rarely give an exact address, so treat this as the block, not the door.

Renting in North Vancouver

The North Shore is the greenest place to rent in the region. The mountains start where the neighbourhoods end, and almost every north-facing window looks at trees.

TransitSeaBus from Lonsdale Quay to Waterfront in about 12 minutes; R2 RapidBus along Marine Drive. No SkyTrain.
Green spaceGrouse Mountain, Mount Seymour, Lynn Canyon, Capilano River and the Spirit Trail.

More about renting in North Vancouver

How this compares

What we’d expect it to ask

$2,343 / month

8 times in ten the answer lands between $1,743 and $3,118. That is the width of what we actually know, measured against listings this model had never seen — not a margin we chose.

Asking $2,000 is $343 below that — further below than the ±11.8% we can put down to our own error. On size and location alone, it asks less than its neighbours do.

Asks less than we’d expect

Low confidence20 two-bedrooms within 4 kmTypically within 14.3%

Thin or scattered comparables, so this is our roughest tier. Treat it as a bearing, not a valuation.

What moves that number

This block asks less than the rest of the area−$524
8.0 km from the nearest SkyTrain (Waterfront)−$316

The advertisement does not state a floor area, so size is not priced in.

Each line is the difference this one thing makes, holding everything else where it is. They do not add up to the rent.

Location

25 / 100fair

No SkyTrain station within walking distance, about 41 min to Waterfront.

Walk to SkyTrainNearest station is Waterfront, 8.0 km away — not a walk0
Transit to downtownAbout 41 min to Waterfront, 8.0 km away — no SkyTrain leg, so this is a bus estimate and the real trip may use the SeaBus14
Town centre4.1 km from the centre of Park Royal — the nearest town centre to this address2
More than one lineNo SkyTrain line is within walking distance0
Green space6 min walk to Capilano River Regional Park (122 ha)9

Scored from the map pin alone — rapid transit, town centres and parks, in straight lines. It knows nothing about the street, the hill, the building or the neighbours, and buses and the SeaBus are not in it, so places served by those score lower here than they deserve.

Against the ones next to it

$2,000 is $1,100 below the middle of the 211 two-bedrooms we are tracking in North Vancouver right now ($3,100). Most of them ask between $2,600 and $3,650.

A straight count of asking prices in the area, with nothing adjusted for — unlike the estimate above, it does not care that this one is bigger or closer to a station.

What the estimate cannot see

Floor, view, condition, noise and everything inside the walls are missing from all but a handful of the advertisements we index, so none of them are priced in above. Two identical floor plans, one renovated and one not, get the same estimate from us. This ad does not give a floor area either, so size is not in it.

The advertisement doesn’t say, and it matters:

  • Which way does it face?
  • Is parking included or extra?
  • Are pets allowed?
  • When is it available?

Estimated from the listings on this site, not a market survey, and from asking rents — what a home is advertised at, not what it lets for.

Similar in North Vancouver

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