270 Francis Way, Unit 107, New Westminster, B.C.
Listing price: $619,000
Selling price: $625,000
Days on market: Eight
Maintenance fees: $371.79
Listing agent: Steve Saretsky, Sutton Group West Coast Realty
The seller was moving out of the country and needed a quick sale, listing agent Steve Saretsky said. “Given that the market is quite unpredictable right now, we priced the condo aggressively.”
He did a week of showings and one open house and got two “competing offers.” The seller accepted an offer that was unconditional, promised a two-week completion date and was above the asking price. The buyer was a downsizer.
What they got
The 943-square-foot, two-bedroom, two-bathroom unit is located in the Victoria Hill neighbourhood, walking distance to tony Queens Park, as well as transit, the SkyTrain and shops. It is a ground-level suite in a 10-year-old building, with laminate flooring, granite counters, large patio, ensuite laundry and one parking stall. Rentals and pets are allowed.
The agent’s take
“My sellers were very happy, of course, as multiple offers are becoming a thing of the past,” Mr. Saretsky said. “While we were very happy with the quick sale above asking price, the sale price was ultimately less than what could have been achieved had it been listed three or four months earlier.”