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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 ...




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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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