Skip to main content
The Globe and Mail
Support Quality Journalism.
The Globe and Mail
First Access to Latest
Investment News
Collection of curated
e-books and guides
Inform your decisions via
Globe Investor Tools
per week
for first 24 weeks

Enjoy unlimited digital access
Cancel Anytime
Enjoy Unlimited Digital Access
Get full access to
Just $1.99per week for the first 24weeks
Just $1.99per week for the first 24weeks
var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(}function setPanelState(o){dom.root.classList[o?"add":"remove"](,dom.root.classList[o?"remove":"add"](select.closed),dom.control.setAttribute("aria-expanded",o)}function onToggleClicked(){var l=!isPanelOpen();setPanelState(l)}function onWindowScroll(){window.requestAnimationFrame(function() {var l=isPanelOpen(),n=0===(document.body.scrollTop||document.documentElement.scrollTop);n||l||!allowExpand?n&&l&&(allowExpand=!0,setPanelState(!1)):(allowExpand=!1,setPanelState(!0))});}pencilInit(".js-sub-pencil",!1); // via darwin-bg var slideIndex = 0; carousel(); function carousel() { var i; var x = document.getElementsByClassName("subs_valueprop"); for (i = 0; i < x.length; i++) { x[i].style.display = "none"; } slideIndex++; if (slideIndex> x.length) { slideIndex = 1; } x[slideIndex - 1].style.display = "block"; setTimeout(carousel, 2500); } //

221 Ash St., unit 1, New Westminster, B.C.


Listing price: $499,000

Selling price: $500,500

Story continues below advertisement

Days on market: Four

Taxes: $1,604.79

Maintenance fee: $295.91

Listing agents: Denny Dumas, James Garbutt, Keller Williams Elite

The suite has laminate floors and nine-foot-high ceilings.

What They Got: This updated 887-square-foot, two-bedroom, one bathroom corner unit in the Penny Lane townhouse complex has a private entrance, laminate floors, nine-foot-high ceilings, gas fireplace and large kitchen with island and heated floors. The bright unit comes with a storage room, ensuite laundry, west-facing patio and private yard. It is a five-minute walk to Douglas College, shops and restaurants.

The Action: The listing agents held two open houses and saw about 40 groups go through. They received two offers. The buyers were a young couple that had been renting in Vancouver and were looking to break into the housing market, listing agent Denny Dumas says. The sellers had purchased the unit in 2013, for $268,500.

“It’s hard to find nice two bedrooms in New Westminster around the $500,000 mark,” Mr. Dumas said.

Story continues below advertisement

The Agent’s Take: The agents had sold another unit in the complex a week before, so they already had interested buyers when this unit came available. The other unit was a one-bedroom that received 11 offers and sold for $463,000.

“We knew the momentum was there from the previous sale of Unit 6, and we listed it to try to recreate the excitement,” Mr. Dumas said.

Report an error Editorial code of conduct
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to If you want to write a letter to the editor, please forward to
Comments are closed

We have closed comments on this story for legal reasons or for abuse. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies