Apartment

Sold (Bought): The South Granville residence finds a new owner

The Catalpa was built in 1961 on West 10th Avenue, two blocks west of amenity-rich Granville Street.

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Weekly roundup of three recently sold properties in Metro Vancouver.

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1626 West 10th Avenue, Vancouver

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Type: 15 units, multi-family commercial

Cut: 9,000 square feet

British Columbia Assessment: $5,202,000

Registered for: $6,980,000

Sold for: $6,650,000

Sold on: 3rd of March

Days on market in this listing: 205

Listing Agent: Bob Bracken and Gurdial (Dale) Badh at ReMax Real Estate Services

Purchasing agent: Brett Aura at TRG Commercial Realty

The Big Sale: From date of listing to date of completion, the sale of this 15-unit building in Vancouver’s South Granville neighborhood took approximately one year. The Catalpa (named after the century-old heritage Catalpa tree in the front yard) features three walk-up floors and 15 self-contained, licensed studio apartments with their own kitchens and bathrooms, hardwood floors, and balconies or patios. Built in 1961 on West 10th Avenue, two blocks west of amenity-rich Granville Street, the property sits on a 50-foot by 125-foot RM-3 zoned lot with a south-facing rear aspect and five off-lane parking spaces. Listing agent Bob Bracken reports that the building is currently grossing $217,104 a year from long-term tenants with an income of about $200 a month from the communal laundry.

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301 – 3088 Highland Blvd., North Vancouver

A two-bed, two-bathroom unit in this North Vancouver building sold for $1,025,000 on May 31.
A two-bed, two-bathroom unit in this North Vancouver building sold for $1,025,000 on May 31. Photo courtesy of Virani Real Estate A /.jpg

Type: Two bedroom, two bathroom apartment

Cut: 1,082 square feet

British Columbia Assessment: $865,000

Registered for: $1,098,900

Sold for: $1,025,000

Sold on: May 31st

Days on market in this listing: 35

Listing Agent: Haneef Virani at Virani Real Estate Advisors

Purchasing agent: Clare Arnold at ReMax Clara Hartree

The Big Sale: Highland House is an 11-suite owner-occupied resort located in the heart of Edgemont Village with restaurants, grocery stores and other amenities readily available at the doorstep. Built in 1997, it has an age limit of 55+ for at least one occupant per unit, and a stratum that allows pets. Located on the top floor, this single story home boasts panoramic mountain views, skylights with blinds, a white kitchen with matching appliances that overlooks the adjacent dining room, a gas fireplace in the living room, a washer and dryer master bedroom with a large walk-in closet, adjoining bathroom and private entrance to the balcony. The house includes a parking space in the underground garage, a storage locker and a monthly maintenance fee of $550.24.

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119 – 3323 151 St., South Surrey

This two-bedroom, two-bathroom condo in South Surrey sold for $665,000 on July 11.
This two-bedroom, two-bathroom condo in South Surrey sold for $665,000 on July 11. Photo courtesy of Michael Ragosin. /.jpg

Type: Two bedroom, two bathroom apartment

Cut: 1,006 square feet

British Columbia Assessment: $593,000

Registered for: $649,800

Sold for: $665,000

Sold on: 11 July

Days on market in this listing: 11

Listing agent: Michael Ragosin at Sutton Group – West Coast Realty

Purchasing agent: Deep Sran at SRS Panorama Realty

The Big Sale: This two bedroom condo boasts all the bells and whistles that come with being a former show suite. Part of Polygon’s planned Harvard Gardens development, located in Morgan Creek and housed in the Kingston House building, it features base crown and cove mouldings, wainscoting, built-in cabinetry, recessed space above fireplace electric for a 75 inch electric fireplace. television (which is included), a custom mantle, and plenty of natural light from an abundance of windows from its corner end position. The home has a layout of over 1,000 square feet and a partially covered walk-out patio. It includes two parking spaces, a storage locker and a monthly maintenance fee of $448.35. Resort-style amenities at the resort include a swimming pool, fitness room, indoor basketball court, game room, and guest suite.

These transactions were compiled by Nicola Way of BestHomesBC.com.

Real Estate Agents – send your recent sales to [email protected]

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