285 Ross Dr., Unit 104, New Westminster, B.C.
Listing price: $599,000
Selling price: $661,000
Days on market: Eight
Maintenance fee: $393.94
Listing agents: James Garbutt, Denny Dumas, Keller Williams Elite
The action: The listing agents received five offers because the unit has two bedrooms and was priced under $600,000, agent James Garbutt said. The buyers were a young married couple from downtown Vancouver. They were drawn to New Westminster because it’s within 20 minutes of downtown by SkyTrain. The unit sold in May.
“At $650 a square foot, it is $500-a-foot cheaper in comparison to similar properties around downtown Vancouver,” Mr. Garbutt said.
What they got: The 1,010-square-foot, two-bedroom, ground-level unit is in the Grove building, built a decade ago in the Victoria Hill neighbourhood. The corner unit is northwest-facing with a patio, laminate flooring and small galley kitchen with granite counters. The master bedroom has a four-piece en suite and flexible den space. The building includes gym, theatre, outdoor basketball court and is steps to Queen’s Park and about a 15-minute walk to the SkyTrain station. Rentals are allowed.
The agent’s take: “Even though this property has more than doubled in value over the past nine years, I think there is still great value here,” Mr. Garbutt says.
It features a private fenced yard, two bathrooms, ground-level garden surroundings and privacy. Also, the building was rain-screened to protect it from leaks.