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Done Deal, 782 East 29th Ave., Fraser, Vancouver, B.C.
Done Deal, 782 East 29th Ave., Fraser, Vancouver, B.C.

Home buyers sold on gentrifying Vancouver east Add to ...

782 EAST 29TH AVE., FRASER, VANCOUVER, B.C.

ASKING PRICE $709,900

SELLING PRICE $709,900

TAXES not yet assessed

DAYS ON THE MARKET 89

CO-OP AGENT Keith Roy, Macdonald Realty Ltd.

The Action: Agent Keith Roy had clients hoping to leave the suburbs, so he selected nearly a dozen suitable homes across the city for them to look at, including this one-year-old townhouse in a neighbourhood being gentrified by young families and urban hipsters.

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What They Got: This townhouse is part of a new development designed by Ledingham McAllister comprising two, four-storey buildings and several townhouses surrounding a courtyard. This 1,426 square-foot townhouse was one of the last available with a two-storey plan, street-level entry and direct access to two-car parking in an underground parkade accessed via the lower level recreation room.

The main floor has a living room, an open dining area and a kitchen with nine-foot ceilings, custom cabinetry, hardwood floors, stainless steel appliances and a rear walkout to a yard.

Upstairs, there are three bedrooms and two full bathrooms.

Monthly fees of $252 cover gas and gardening services.

The Agent’s Take: “There is a major transition taking place on the east side of Vancouver and it is quickly becoming the hot spot of the Vancouver real estate market,” says Mr. Roy. “East Vancouver is a vibrant and diverse neighbourhood that offers community, recreation opportunities, parks and good schools.”

This townhouse is also a rare alternative in an area dominated by single-family homes. “It had all the functionality of a house with the price point and low maintenance of a townhouse” Mr. Roy states.

“Not a lot of townhouses have three bedrooms upstairs, so that was the big appeal here. The only other option would be a half duplex and a lot of the half duplexes are very poorly built in the city.”

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