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Buyers in search of community feeling land at South Granville low-density condo Add to ...

1565 W. 6TH AVE., UNIT 205, VANCOUVER

LIST PRICE $599,900

SALE PRICE $599,900

MONTHLY MAINTENANCE FEE $312.54

DAYS ON MARKET Seven

LISTING AGENT Ben Amzaleg/Magnum Projects

The Action: There was only one offer on the property, which sold for the asking price.

It was purchased by a couple that live downtown and they were tired of the pace.

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“They wanted more of a community, and a building that has great amenities and a good appreciation in value potential.”

The unit attracted the attention of mostly couples in their mid-30s, looking for a first home or a condo with two bedrooms.

What They Got: The 46-unit, low-density concrete building at West 6th and Fir Ave. was completed in November last year.

Built by Westbank – same developer of the Woodward’s Building and upcoming Telus Gardens – the project features only three to four condos per floor.

“The exclusivity of living in such a low-density building is not very common in Vancouver,” says listing agent Ben Amzaleg.

The new two-bedroom, two-bathroom corner unit came with air conditioning, Miele appliances, marble countertops and bamboo flooring.

The building features a yoga studio on the ground floor, and purchasers received two unlimited yoga passes.

The Agent’s Take: “South Granville has a shortage of newer units,” Amzaleg says. “The majority of the buildings are 10 years or older.

“Also, we are starting to see more pressure on the two- and three-bedroom market in the last few months.”

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