2525 W 4th Ave., No. 406, Kitsilano, Vancouver
ASKING PRICE $375,000
SELLING PRICE $395,000
PREVIOUS SELLING PRICE $340,000 (2007); $175,000 (2003)
TAXES $1,409 (2010)
DAYS ON THE MARKET seven
LISTING AGENT Keith Roy, Macdonald Realty Ltd.
THE ACTION: A deal didn’t materialize for this corner penthouse when it was listed for $399,000 last fall.
Re-listed earlier this year at a lower price of $375,000, it generated three offers within two days and ultimately sold for $20,000 over the asking price.
WHAT THEY GOT: On the top level of a four-storey building, this 634-square-foot space was designed with one bedroom, one semi-en suite bathroom, and an open living and dining area with a gas fireplace, wall of windows and a balcony.
The 15-year-old unit was updated with wood laminate floors in most areas and new stainless steel appliances in the renovated kitchen, which also has a handy breakfast bar, deep pantry and laundry closet.
The monthly fee is $222, including gas and radiant heating charges.
The unit comes with parking, but the pet-friendly building is steps from basic amenities, like a supermarket, clothing shops, cafes and restaurants, as well as the beach and parks.
THE AGENT’S TAKE: “This top floor, south-facing corner unit in Kitsilano had two full walls of windows,” says agent Keith Roy. “A quick survey of condos in Kitsilano will show you that a bright, good quality condo in a rain screened building is hard to find under $400,000.”
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