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The Observatory

120 2nd Street, North Vancouver, BC V7M 1C3

The Observatory, at 120 2nd Street, is a condo building in the Lower Lonsdale area of North Vancouver, British Columbia. It was built in 1990, has 73 residential units and stands 29 storeys tall.

Lower Lonsdale
Year Built
1990
Units
73
Floors
29
Building Type
Apartment strata (condo)

Market Overview

Avg Sold Price
$1,302,333
Median Sold
$1,287,000
Price Range
$1,250,000 – $1,420,000
Avg $/SqFt
$1,153.08
Sales (2yr)
6
Active Listings
1
Avg List Price
$1,249,000

Last sale: Sep 3, 2026

Condo Fees

Avg Monthly Fee
$833.48
Median Fee
$820.31
Avg $/SqFt
$0.742
Units w/ Fee Data
7
Fee IncludesMaintenance Grounds, Trash, Caretaker, Heat, Hot Water, Management, Gas

Building Features

ExteriorConcrete, Concrete (Exterior), Glass (Exterior)
AmenitiesExercise Centre, Bike Room, Recreation Facilities
Building TypeApartment strata (condo)
Floors29 storeys
Year Built1990

Policies

Pet PolicyCats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental PolicyRentals allowed (per listing text)

Known Issues & Notes

Known Issues (news/court)

2025-11-07 dispute_crt: Owner challenged bylaw prohibiting cannabis smoking in strata lot and sought medical exemption; tribunal dismissed both claims.

Source

Management

Management CompanyWynford
Phone604-261-0285
Visit Website

About This Building

At 120 2nd Street in Lower Lonsdale, North Vancouver, The Observatory is an apartment-style strata building (strata plan VAS2771). Records show 73 strata lots, a build year of about 1990 and 29 storeys. Since October 2024 there have been 6 recorded sales, averaging roughly $1,302,000. Strata fees seen in listings average around $833 a month (about $0.74 per sq ft). Listed amenities include exercise centre, bike room, recreation facilities. As with any BC strata, the Form B, depreciation report, AGM minutes and insurance details deserve a careful review before an offer goes firm.

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