June 28, 2022

Sutton Group West Coast Realty

108 E. 1st Ave., No 1201, Vancouver

Asking value: $999,900 (Feb.7)

Promoting value: $1.055-million (Feb. 14)

Days on market: 7

Taxes: $2,565.95 (2021)

Month-to-month upkeep charge: $472.66

Itemizing agent: Ian Watt, Sutton West Coast Realty

The motion

The 2-bedroom, two-bathroom Olympic Village nook rental is within the eight-year-old Meccanica constructing.Sutton Group West Coast Realty

The agent did three days of showings and acquired three provides, one among which was highest by a slight quantity and topic free. The profitable bid went to an investor who gave the vendor the choice of renting the place again if she was unable to discover a new dwelling. The vendor, who’d lived within the unit for eight years, was seeking to upsize. The sale completes in mid-March.

“We received some traders and a few folks shopping for with the financial institution of mother and pa,” agent Ian Watt says. “We nonetheless have actually low stock in comparison with different years.”

What they received

The unit has over-height nine-foot ceilings, polished concrete flooring and a south-facing balcony.Sutton Group West Coast Realty

This two-bedroom, two-bathroom Olympic Village nook rental is within the eight-year-old Meccanica constructing and contains air con, over-height nine-foot ceilings, polished concrete flooring, south-facing balcony and laundry room.

The main bedroom has an ensuite with double vainness and enormous closet. The constructing has two roof decks, a health club and lounge space, and is steps to the seawall and Major Avenue purchasing. The unit comes with one parking house. Leases are allowed.

The agent’s take

The brand new SkyTrain station getting into at Broadway and Major is making the realm extra interesting to younger patrons, Mr. Watt stated.

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“Something in Olympic Village priced at lower than $1-million is simply craziness proper now, with a number of provides on studios and one bedrooms. It’s fairly wonderful.”

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