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Re/Max Select Realty

2960 E. 29th Ave., Unit 126, Vancouver

Listing price: $599,000

Selling price: $599,000

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Previous selling price: $399,000 (2014); $324,000 (2007)

Days on market: 20

Taxes: $1,490.83

Monthly maintenance fee: $429.36

Buyer’s agent: Greg Dent, Re/Max Select Realty

The action

This 1,025 square-foot, two-bedroom, 1990s-style townhouse had been on the market previously for $699,000 for nine days before the sellers significantly reduced the price, buyer’s agent Greg Dent says. The buyers wrote an offer almost three weeks later, which was the only bid.

The agent’s take

“The buyers were able to see the unique opportunity presented by the listing and took advantage of a declining market to buy the home at a significantly lower price than the last few sales in the complex …Prevailing market conditions had a lot of fear in the air for buyers.”

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What they got

The buyers got a lot of square footage compared to a newer unit at the same price point, Mr. Dent says. The unit has dark cabinets, laminated floors, a large patio and fenced-in yard. It’s on the city’s east side, in the Collingwood neighbourhood, located steps away from the SkyTrain station, a park, library and community centre.

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For sale in this area

View similar listings below. Clicking on the map will take you to the listings below.

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Welcome to the sought-after Collingwood neighbourhood, this family home has been first-time listed on the market! Excellent central location, steps away from Joyce-Collingwood Skytrain Station, Central Park, schools, daycare, grocery, restaurants, fitness centres and lots more. ***ALERT: all builders and home renovators, don't miss out this opportunity*** (id:31729)
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