Yaletown Marinaside condo sells to only bidder

 

SUTTON GROUP WEST COAST REALTY

1225 Richards St., unit 1601, Vancouver

Asking price: $579,000

Selling price: $567,000

Previous selling prices: $368,000 (2010); $157,683 (2003)

Days on market: 13

 

Taxes: $1,530.33

Maintenance fee: $246

Buyer’s agent: Ian Watt, Sutton Group West Coast Realty

The action

The seller purchased the property in 2010 for $368,000. The buyer is from Edmonton and needed a place close to work. She chose the unit because of location, floor plan and price. Her offer was the only one on the property.

“She came from a super huge three-bedroom townhouse in Edmonton to a tiny one-bedroom for the same amount of money,” Mr. Watt said.

 

What they got

This one-bedroom, 500-square-foot condo is located downtown across from Emery Barnes Park, four blocks from the Yaletown SkyTrain station. The unit has city views, a den, updated appliances, new floors, a fireplace and balcony. Rentals and pets are permitted.

The agent’s take

Buying agent Ian Watt said the property would have sold for about $100,000 more last fall.

“There’s definitely a market for anything under $650,000 if it’s priced correctly.”

Your house is your most valuable asset. We have a weekly Real Estate newsletter to help you stay on top of news on the housing market, mortgages, the latest closings and more. Sign up today.

 
 

For sale in this area

View similar listings below. Clicking on the map will take you to the listings below.

 
 
Done Deal, 1225 Richards St., unit 1601, Vancouver
 
 
 
 
Leaflet | Map data © OpenStreetMap contributors, CC-BY-SA
Open this photo in gallery:Gallery photo 1
$718,800
1708 1188 RICHARDS STREET, Vancouver, British Columbia
Jovi Realty Inc.
BEDROOMS
1
BATHROOMS
1
 
 
Open this photo in gallery:Gallery photo 1
$2,838,000
1801 1280 RICHARDS STREET, Vancouver, British Columbia
Sotheby's International Realty Canada
BEDROOMS
2
BATHROOMS
3
 
 
Open this photo in gallery:Gallery photo 1
$3,680,000
501 499 DRAKE STREET, Vancouver, British Columbia
Royal Pacific Realty Corp.
BEDROOMS
2
BATHROOMS
3
 
 
Open this photo in gallery:Gallery photo 1
$779,000
2206 1199 SEYMOUR STREET, Vancouver, British Columbia
Royal LePage Sussex
BEDROOMS
1
BATHROOMS
1
 
 
Open this photo in gallery:Gallery photo 1
$949,900
511 1133 HOMER STREET, Vancouver, British Columbia
Coldwell Banker Westburn Realty
BEDROOMS
2
BATHROOMS
2
 
 
 
 
 
 
Comments:
No comments

Post Your Comment:

Categories
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.