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Re/Max Select Realty

580 12th Street, Unit 407, New Westminster, B.C.

Asking price: $615,000

Selling price: $515,000

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Days on market: 120

Taxes: $2,122.06

Maintenance fee: $395.57

Listing agent: Greg Dent, Re/Max Select Realty

The action

The penthouse has two bedrooms and more than 1,000 square feet of space.

Re/Max Select Realty

The unit had been listed previously, last summer, for $850,000. Agent Greg Dent, who took over the listing, says the original summer listing price was too high. He listed the unit in September for $615,000. It was relisted in October for $599,000 and then they received the one offer, for $515,000. Mr. Dent had been the sellers’ buying agent when they’d purchased the unit many years ago. The buyers were looking to upsize to a two bedroom.

What they got

The sweeping views off the terrace helped the unit sell.

Re/Max Select Realty/Re/Max Select Realty

The penthouse is in a building that was built 19 years ago. It has two bedrooms and more than 1,000 square feet of space, gas fireplace, high ceilings, large balcony and river views. It’s steps to shops, schools and transit.

The agent’s take

“They ended up selling during an extremely slow market at least partially because of the sweeping views, high ceilings and unique layout,” Mr. Dent says.

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