Done Deal: 131 Regiment Sq., No. 1705, Vancouver
131 REGIMENT SQ., NO. 1705, VANCOUVER
ASKING PRICE $455,000
SELLING PRICE $450,000
PREVIOUS SELLING PRICE $321,900 (2007)
TAXES $1,843 (2011)
DAYS ON THE MARKET 18
LISTING AGENT Keith Roy, Macdonald Realty Ltd.
The Action: In the Spectrum condominium community nestled beside BC Place and Rogers Arena, this two-bedroom suite was closely inspected by about 20 groups and a crowd of open house attendants.
What They Got: The seller of this 753-square-foot unit bought it before construction began on the 30-storey tower, which shares access to a clubhouse with four sister buildings.
This five-year-old suite has a standard layout with two bedrooms separated by an open living and dining area with hardwood floors, floor-to-ceiling windows and sliding balcony doors, as well as a moveable island by the kitchen set up along a back wall.
Hidden largely out of view is a four-piece bathroom and stacked laundry machines, plus en suite storage and a parking spot. Monthly fees are $348.
The Agent's Take: "Centrally located next to the entertainment district and the downtown office district, the building offers a full amenity centre including a pool, gym, hot tub, meeting room, media room and common party room," says agent Keith Roy.
"The new buyers immediately fell in love with the view from this home, which looks south over Rogers Arena towards False Creek and the Olympic Village."
Buyers also saw the value of this unit's basic finishes, compact space and appliances.
"There are a lot of expensive new condos in downtown Vancouver, but this complex was originally built by Concord to be more affordable," says Mr. Roy. "It is a wonderful way to live in a nice space, in a great location and still be able to afford your monthly payments."