Recent real estate sales in Yaletown, Richmond and Vancouver

Vancouver Sun October 1st, 2011

2801 – 1483 Homer Street, Vancouver

Type: 2-bedroom, 2-bathroom apartment
Size: 1,106 sq. ft.
B.C. Assessment, 2011: $961,000
Listed for: $928,800
Sold for: $928,800
Sold on: July 29
Days on market: 9
Listing agent: Mario Felicella at Sutton Group – West Coast Realty
Buyers agent: Karin Smith at RE/MAX Select Properties

The big sell: The Waterford building was built by Concord Pacific in Yaletown’s Beach Crescent neighbourhood in 2003. As one of the first towers built in the area, it secured a prime position next to David Lam Park and the seawall and overlooking False Creek. This 28th-floor suite with two bedrooms and a den has views of all three, and has two full bathrooms, air conditioning, nine-foot ceilings, granite countertops, a breakfast bar and a built-in sound system. The dining area is opposite the kitchen and living area and looks onto the balcony. In-suite storage is enhanced by custom-made closet organizers. The unit also comes with a storage locker. The building has 24-hour concierge and the Club Viva fitness centre, with an 80-foot indoor swimming pool, squash courts, screening and theatre rooms, a billiards lounge, massage and spa rooms, a hobby and crafts workshop, and a guest suite.

8320 Osgoode Drive, Richmond

Type: 4-bedroom, 3-bathroom detached
Size: 1,848 sq. ft.
B.C. Assessment, 2011: $753,800
Listed for: $838,000
Sold for: $815,000
Sold on: Aug. 4
Days on market: 35
Listing agent: Patsy Hui at RE/MAX Westcoast
Buyers agent: Jesse Virk at Omax Realty Ltd.

The big sell: This three-level split home was built in 1975 in Richmond’s Rideau Park community on a lot of almost 7,000 square feet. The original owner had listed it, but not before ensuring some upgrades had been installed, including a high-efficiency furnace, a hot water tank, Bosch dishwasher, builtin microwave, and new sink and faucets in the master ensuite bathroom. In a prescient move around 15 years ago, the owner had also undertaken some substantial renovations to the property and installed an aggregate concrete patio, 10-person hot tub on the east-facing rear deck, detached workshop, central vacuum system, two gas fireplaces, security alarm system, new carpet and floor tiles, updated kitchen cabinets, and ample storage space. The property is close to No.3 Road, transit, parks and shopping.

1877 West 37th Avenue, Vancouver

Type: 4-bedroom, 1-bathroom detached
Size: 2,337 sq. ft.
B.C. Assessment, 2011: $1.631 million
Listed for: $1.398 million
Sold for: $1.5 million
Sold on: July 18
Days on market: 0
Listing agent: Karel Palla and Darryl Sjerven at RE/MAX Select Realty
Buyers agent: Josh Zheng at Royal Pacific Realty Corp.

The big sell: Proving the popularity of Vancouver’s westside homes is the sale of this Quilchena home the first day it appeared on the market. Four offers were received, with the winning bid coming in subject-free at $102,000 over the asking price. According to listing agent Karel Palla, the buyer was attracted by the location and the school catchment area, with Quilchena elementary and Point Grey secondary school easily accessible. Even the presence of an oil tank buried in the back yard did not deter the buyers, who will assume responsibility for any costs incurred by its removal. The house was built in 1913 and has original woodwork, a claw-foot bathtub, and separate family, living and formal dining rooms, with the latter two fitted with wood-burning fireplaces. As is stated in the property description, the home is livable, but the value is mostly in the land. With a level, 33-by-120-foot lot and RS5 zoning, there is the potential to increase the house to around 70 per cent of the lot size.

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