3757 LANARK ST. VANCOUVER
LIST PRICE $699,000
SALE PRICE $738,000
DAYS ON MARKET 7
BUYERS AGENT Shawn Lee, Blu Realty
The Agent’s Take: “Our clients were looking for a yard or outdoor space, but couldn’t afford the $800,000 or $900,000 it would cost to get a house with that in that neighbourhood,” says agent Shawn Lee.
“That area was no man’s land for the longest time, and it changed zoning to add density and development, and as a result, it allowed these families looking for a townhouse or duplex to get in there. It has attracted a lot of younger families.”
What They Got: The 1,200-square-foot, three-bedroom unit is brand new, with modern design and high-end finishings. It’s the first sale at the new eight-unit complex, close to Kingsway and a short distance from Commercial Drive.
The unit, a heritage style half-duplex, has an open floor plan, engineered hardwood flooring, bay windows, fireplace, stainless steel appliances, a master bedroom with en suite and vaulted ceilings, and a large west-facing backyard with a detached garage.
The Action: The two-level unit is in a central location, close to Knight Street and bus connections to downtown. It’s located in the trendy Cedar Cottage neighbourhood, where young families are snapping up fixer-uppers and newly built townhouses. The well-regarded Charles Dickens Elementary school is nearby, as well as shops on the Drive and Asian restaurants along Kingsway. There is a skating rink, gyms and fitness rooms at the nearby, newly renovated Trout Lake Community Centre.
“The community centre there is huge, and its amenities are very attractive to buyers,” says Lee. “It definitely is a developing neighbourhood.”