7322 Salisbury Ave., Burnaby, B.C.
ASKING PRICE $570,000
SELLING PRICE $580,000
DAYS ON MARKET Eight
MAINTENANCE FEE $425
LISTING AGENT James Garbutt, Sutton Group
The Action: The sellers are a young professional couple who plan on purchasing a detached house.
They received two offers and sold $10,000 above asking, which set a record for price per square foot at the complex. Prices continue to rise each month. The similar neighbouring unit sold two months ago for $560,000, but it had some upgrades.
What They Got: This 11-year-old townhouse is centrally located in Burnaby south, within easy walking distance of nearby schools, parks and shopping, a library, a community centre, trails and the SkyTrain. The two-level home features three bedrooms, two full bathrooms, an updated kitchen, and a private ground-level patio and garden.
The Agent's Take: "The owners purchased the property in April of 2014 for $495,000. A year and a half later, they've sold it for $580,000 – not a bad return for an 11-year-old townhouse in the burbs," listing agent James Garbutt said. "The finishings are fairly basic and a little dated. But the location and layout are what sold this property."