1529 WEST 6TH AVE., UNIT 402
LISTING PRICE: $849,000
SELLING PRICE: $835,000
DAYS ON MARKET: Five
STRATA FEE: $375
LISTING AGENT: Paul Albrighton, Re/Max Crest Realty Westside
The action: About 40 groups viewed the property after two open houses were held. The seller received only one offer. The young buyer wanted something unique close to downtown.
"The appeal [of a loft] is mainly to single people and couples with no kids, both young people and empty nesters," says Mr. Albrighton. "Of course, if a loft has two or three bedrooms, which is much more rare, the market appeal is quite broad."
What they got: This live/work industrial loft at the wSix building, built in 1998, is a two-level, one-bathroom, one-bedroom unit with a view of the downtown skyline and North Shore Mountains. The unit has polished concrete floors, 16-foot ceilings, custom cabinets, black-granite counter tops, power blinds and high-end appliances. It comes with one parking stall. Rentals are allowed.
The agent's take: "The overall market for lofts and unique condos is hotter than ever, with limited inventory, and more and more people seeking out unique living spaces, both as investment rental properties and for their own principal residence," says listing agent Paul Albrighton.