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Stilhavn Real Estate Services

3436 Terra Vita Place, No. 63, Vancouver

Asking price: $945,000 (Feb. 20, 2023)

Selling price: $960,000 (March 1, 2023)

Previous selling prices: $659,000 (2016); $514,000 (2015); $460,000 (2013); $224,900 (1997)

Days on market: 9

Taxes: $2,275.53 (2022)

Listing agent: Cheryl Davie, Stilhavn Real Estate Services

What they got

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The main floor has a fireplace.Stilhavn Real Estate Services

This three-bedroom townhouse was built 26 years ago, so it’s a generous 1,372-square-foot. unit. Located in Hastings Sunrise near Renfrew, the three-storey home is in a quiet family-oriented complex near schools.

The top floor has a loft-style primary bedroom with a full bathroom, the main floor has a fireplace, powder room and recently renovated new kitchen.

There is new flooring and paint throughout. It comes with underground parking and storage.

The action

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The kitchen was recently renovated.Stilhavn Real Estate Services

The sellers were upsizing and the buyers were a young professional couple.

“The sellers did a fantastic job of de-cluttering and ensuring the property showed its best by having most of the home repainted and professionally staged,” says listing agent Cheryl Davie, who saw more than 70 potential buyers go through the property.

She received two offers.

“It was mostly end users but a few people were interested in purchasing for investment,” she says.

The agent’s take

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The top floor has a loft-style primary bedroom with a full bathroom.Stilhavn Real Estate Services

“I believe this was the first listing in awhile where we had buyers coming out in droves,” Ms. Davie says. “It seemed that buyers had fully accepted the new [mortgage] rates and were willing to move forward. This product was also very desirable given that three-bedroom town homes under $1-million in Vancouver aren’t very common these days.”

The sale completes May 1.

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