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3446 NAPIER STREET, VANCOUVER

ASKING PRICE $1,198,000

SELLING PRICE $1,198,000

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DAYS ON MARKET 84

TAXES $3,224

SELLING AGENT Keith Roy, Macdonald Realty

The Action: The purchasers had searched a long time before finding this house. "It's hard for a young family to buy a home in Vancouver, but with creative and flexible zoning that allows for laneway homes and basement suites, people can get into a home that meets their needs," listing agent Keith Roy said.

What They Got: This newly-built three-level house has the highly desirable attribute of three bedrooms on its upper floors, with an open-concept living and dining area on the main floor.

It also has ample revenue opportunities, with a one-bedroom legal basement suite and a one-bedroom, two-level laneway house.

The property, located near Boundary Road in East Vancouver, is slightly shorter than the average lot, at 33 by 107 feet. Living space amounts to almost 3,000 square feet.

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The Agent's Take: "The best part of this home is the revenue potential of the basement suite and the laneway home," Mr. Roy said. "Our clients were able to increase their price point, get away from all the multiple offers on homes under $1-million, and live in a brand new home."

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